No. of Recommendations: 6
Optimism that the U.S. conflict with Iran is approaching a resolution helped lift the S&P 500 index to its first close above 7100.
...
But while the overall market was soaring, Berkshire wasn't doing much of anything, as its A and B shares slipped to month-to-date drops of just under 1%.
And the news from Iran via the BBC this morning is that the Strait is again closed after accusations of US "piracy." At some point, investors might actually wait for more than than manipulations of the market before throwing down their bets on FOMO.
I feel confident that BRK will be fine long term, and supremely disappointed if they hop on the current knee jerk high fashion of "investing."
IP
