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Note that BRK has a PE of nearly twice INTC (PE = 22, plus pays a small dividend, unlike BRK)You can never take a straight reported PE at face value. You need to be able to convert to "economic earnings" from reported GAAP earnings and it is only after making this adjustment that PE becomes meaningful.It is just that BRK requires a lot more adjustment than most companies.I don't see any inherent contradiction.--Boffo
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