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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: AdrianC 🐝  😊 😞
Number: of 19824 
Subject: Re: When Owning Berkshire Makes You Feel Dumb
Date: 10/21/25 11:32 AM
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I’ll admit — in 1999, I actually started to question myself. It felt like everyone was getting rich except me. Maybe WE were the ones who didn’t get it. Maybe P/Es, trailing revenues, and balance sheets really were outdated. I remember calling two of the smartest people I knew — friends I hadn’t talked to in years — and each of us said the same thing:

“Yeah, I’m missing this rally too. You feel dumb too? You know what… I don’t think we’re all wrong. I think the investment world is crazy.”


Yes, and it wasn't just that we were missing the dot-com rally, Berkshire stock price plunged in early 2000. Got to near book value, IIRC.

https://stockcharts.com/freecharts/perf.php?BRK/A&...

At least we don't have that double whammy...yet :-)
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