APT Chart, page-4402

What a stupid comment. Berkshire is a USD650 billion company. Buffett has to reinvest hundreds of billions (USD365 billion in 2020) in revenue every year His only options are buying huge slabs of the biggest corporations in the world because nothing else has sufficient liquidity. A $10 billion profit barely alters the Berkshire bottom line, In fact back in 1970s Buffett was telling shareholders returns would gradually shrink due to fewer investment opportunities.