Subject: Berkshire's strange market behavior...
... of late: Since a while it seems Berkshire is moving often exactly opposite to the market in general:
- The market falls => BRK is one of the few companies whose stock price rises - - - as e.g. this moment (10:30 in New York: S&P -0.5%, Nasdaq -1%, BRK +1%). Berkshire fans probably tend to think "Flight to Safety", but:
- The Market rises => BRK falls.
Purely from memory (so not a hard fact and I might stand corrected) this is what I often see since several weeks. Why?