Investment management firm Vltava Fund has published its investor letter for the third quarter of 2022. You can download a copy here. In its Q3 2022 investor letter, the fund said investors may have different expectations when it comes to inflation, interest rates, or economic growth, but at the end of the day, what do we do? determines the portfolio’s return (and its risk). Take some time to review the fund’s top five holdings to get an idea of the best stocks of 2022.
The Vltava Fund announced in its third quarter 2022 investor letter that Berkshire Hathaway Inc. (NYSE:BRK-A) and provided insight into the company. Founded in 1839, Berkshire Hathaway (NYSE: BRK-A) is a multinational conglomerate based in Omaha, Nebraska with a market cap of $589.2 billion. Berkshire Hathaway (NYSE:BRK-A) has returned -10.58% since the beginning of the year, but its 12-month return is down -4.73%. Share price He closed on October 10, 2022 at $403,000.00 per share.
Here’s what the Vltava Fund said about Berkshire Hathaway Inc. (NYSE:BRK-A) in its Q3 2022 investor letter:
“Berkshire Hathaway He is the oldest employee in our company. We have held it for almost 11 years and have been the largest position for most of that time. We’ve told you a lot about Berkshire over the years.
BRK is our core investment and we describe our view of the company as follows: If I had to invest all my money in a single stock and it wasn’t touched at all for 5-10 years, I would choose his BRK. Hesitation. It is a conglomerate of individual investments whose quality is well above average, the efficiency of capital allocation is well above average, it has a very strong balance sheet and very low business risks.
All of this at a valuation well below the market average. BRK’s earning power, which requires a thorough understanding of its business and a great deal of manual effort, is just over US$50 billion annually. Thus, his entire US$590 billion company is trading at less than 12 times his annual earnings. It is very realistic to expect BRK’s share price to increase by about 10% per year on average over the long term…” (Click here for full text)
By our calculations, Berkshire Hathaway (NYSE:BRK-A) ranks 11th on our list. The 30 Most Popular Hedge Fund StocksBerkshire Hathaway (NYSE:BRK-A) was included in 109 hedge fund portfolios at the end of the third quarter of 2022, compared with 104 funds in the previous quarter. Berkshire Hathaway (NYSE:BRK-A) has returned -3.57% over the past three months. He also shared another hedge fund’s view on Berkshire Hathaway (NYSE:BRK-A). another articleHedge funds and other investor letters from prominent investors can be found on our website. Hedge Fund Investor Letter 2022 Q3 page.
Disclosure: None. This article was originally published on Insider Monkey.