The following article attempts to give some thoughts on the lessons on the coronavirus pandemic as well as how those lessons are often best illustrated by how Berkshire Hathaway (BRK.A) (BRK.B) is always managed. Further, some thoughts are offered on both Berkshire Hathaway's relative valuation to the S&P 500, why that valuation has the potential to narrow, and some thoughts on Berkshire's likelihood of making a large acquisition in the near future.
Valuing Berkshire Hathaway is best done by looking at its underlying economic earnings power. At the end of last