Refer to the 10-K statement for BERKSHIRE HATHAWAY (BH) for the fiscal year 2017 and provide fully justified answers to the following questions.

Questions

1. Describe and provide a name for each business segment that BH reports on its annual financial statements. Further, classify each of the business segments in industries using an accepted classification method.

2. Present a business valuation for BH by relying on information from the firm’s business segments data.

3. Provide an alternative business valuation for BH (it’s up to you to decide the approach).

4. Discuss the merits and perils of each valuation approach you use. Which one do you prefer?

5. Use the valuation methods above to make a recommendation of whether someone should buy or sell the stock of BH.