Berkshire Hathaway (BRK.A 0.16%) (BRK.B 0.79%) just became the first non-technology company in the U.S. to reach a trillion-dollar market cap, and many investors are wondering if the Warren Buffett-led conglomerate has become too expensive. In this video, I break down the valuation of Berkshire's businesses and why the stock isn't as expensive as you might think.

*Stock prices used were the morning prices of Sept. 12, 2024. The video was published on Sept. 13, 2024.