RE:https://www.cnbc.com/2019/01/02/buffetts-berkshire-set-to-lo If just amazes me that people still don't get that Buffett doesn't care about the price of his portfolio, but the economic earnings and cash flow it generates. At a 10x EV/EBIT, Buffett will just keep buying and Apple will keep buying back shares. Double whammy. Between the apple buybacks and the berkshire purchases, I wouldn't be surprised to see a very high control stake in apple in the next 5 years. All the expert portfolio managers day trading apple shares, will eventually regret selling their shares to Berkshire.
I just can't understand how so called experts would sell this company at a 10x EV/EBIT, even with some china concerns. Its basically priced as a high yield bond with zero growth and a risk of bankruptcy.