2019 Performance Review
BRK.B Share Price Performance Since Inception
BRK's share price increased 10% from our average cost at inception to
December 31, 2019, and decreased 1% year-to-date in 20201
BRK.B share price performance from 5/23/2019 to 2/4/2020
$240
Share price
$230
$220
$210
$200
$190
May-2019
11/2/19: BRK reports Q3 results which feature
significant appreciation in BRK's insurance tangible
book value. BRK's cash balance rises to $128 billion
Jul-2019
Sep-2019
Dec-2019
$225
$206*
Feb-2020
Note: The performance of BRK.B's share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds.
*Average cost at announcement date. Please see the additional disclaimers and notes to performance results at the end of the presentation.
(1) As of 2/4/2020
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