No. of Recommendations: 21
Back on the old MF board, on 11/9/20, rnam started a thread titled: Time to Switch
http://www.datahelper.com/mi/search.phtml?thread=3... rnam (post 257107)
Today is a great day for those who have complained about BRK's stretch of underperformance compared to AMZN and TSLA. You can sell your BRK shares and swap them for AMZN and TSLA.
AS I write:
BRK up 7.5%
Amazon down 2.4%
Tesla up only 1.0%
Check back after a few years and let us know how it works out.Mungofitch put a price stake in the ground (post 257110)
Good one!
For the record, as I type
BRK/B $224.45
Tesla $430.68
Amazon $3211.14
US dollar index 92.22
CPI 260.28
Let's check back in a decade.
I expect Amazon and Tesla will still have valuation multiples much like today: exuberant based on the business results, making sense only if the distant future remains much more profitable.
Jam tomorrow, not today.
Meaning they might well do better than Berkshire shares in price terms.The three-year update as I type
TSLA 50.5%
AMZN -9.3%
BRK/B 57.5%
Tails
