Berkshire grew from ~$100B to ~$1.25T market cap over 25 years using float, leverage, and buybacks. The same structural advantages—insurance float and capital allocation—still exist and support continued compounding. Long-term investors can own BRK.B as a core compounder with reasonable expected returns of 8–12%. Slower growth at scale, future CEO succession risk, catastrophic insurance losses, or prolonged low interest rates compressing insurance returns. No other actionable trade ideas in this post.
Berkshire grew from ~$100B to ~$1.25T market cap over 25 years using float, leverage, and buybacks. The same structural advantages—insurance float and capital allocation—still exist and support continued compounding. Long-term investors can own BRK.B as a core compounder with reasonable expected returns of 8–12%. Slower growth at scale, future CEO succession risk, catastrophic insurance losses, or prolonged low interest rates compressing insurance returns. No other actionable trade ideas in this post.