No. of Recommendations: 7
Well, it's early days yet to say the least for testing my prediction, but:
S&P 500 so far -0.97%
Berkshire so far +1.41%S&P 500 year to date so far -1.23%
Berkshire year to date so far +2.48%
It might not be a meaningful amount, but as the trend change started precisely at year end I'll claim success from the dumb prediction : )
This is a graph of the ratio of Berkshire's price to the S&P index total return.
https://stockcharts.com/h-sc/ui?s=BRK%2FB%3ASPY&p=...A horizontal line means Berkshire is tracking the market, an up trend is outperformance.
The direction is good and the timing of the turnaround was right, but we still haven't unwound the underperformance between the equinox and the solstice.
Jim