Post #15228 by knighttof3 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (45)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

So if you sold in the low $400s some time ago at a point of then high valuation… and you’re waiting for undervaluation you might very well have to pay $650 in a few years when it may be very cheap. Who knows?

You know, this does not apply just to Berkshire stock but S&P 500 or any broad market index.

Zweig made fun of Cramer thrusting his hips at Buffett during the tech stock runup in 1997-1999. I think the last laugh is on Cramer the idiot savant.

None of us is smart enough to know which specific stock will beat the market in the long run. If you want to delude yourself like Munger did with BABA, go ahead. I am out. I know it's not Berkshire Hathaway.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (45)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.