If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 11
In this cherry-picked interval, we are leading the S&P by 14.4% and the Nasdaq 19.8% year to date. Almost enough to make me post on the old board (not really). I have held the faith though that BRK was well positioned to beat an index in a downturn, but would have trouble matching them in a manic bull market. It is looking like that scenario is playing out.
No. of Recommendations: 6
Yes, it doesn't look like but I think BRK will follow, though not as much and delayed. Why? Psychology. Berkshire is seen as last resort in troubling times, that causes the delay, with current shareholders holding on and others moving to it from other stocks (the latter explaining why since weeks it even often went up when the S&P fell), but that won't last in a longer running bear. In such there will come a point when all - apart from us here of course - won't have the nerve to hold onto it any longer and will give up. The interest question for me is whether a then apruptly and deep falling Berkshire is an indicator that the end of the bear is nigh.
No. of Recommendations: 2
Remember -- anyone lightening up on stock exposure (e.g., selling index funds) is "phantom selling" Berkshire.
No. of Recommendations: 2
I like the YTD comparison to Tesla.
No. of Recommendations: 49
I like the YTD comparison to Tesla.
I preface Tesla comparisons with "One company paid virtually no taxes, and paid the CEO 46 billion. The other paid 5% of ALL corporate taxes in America, and paid the CEO 100k".
No. of Recommendations: 35
"One company paid virtually no taxes, and paid the CEO 46 billion. The other paid 5% of ALL corporate taxes in America, and paid the CEO 100k".
And one of the two fellas got consulted to improve government finances, too!
Jim
...I'm pretty sure my long running disdain for Mr M's hubris absolves me from this getting counted as a political comment : )
No. of Recommendations: 0
Relatedly (including to Said's point), does anyone have an estimate on the current YTD performance of BRK's stock portfolio? Eyeballing it looks like quite a bit of red from AAPL & AXP.
No. of Recommendations: 2
No. of Recommendations: 0
This provides a good summary of current portfolio holdings but not YTD,
Thanks, yes, it's gotten better over the years as well.
FWIW, I have the top 5 holdings currently at about 13 billion in the red Q over Q, mostly from the AAPL & AXP drops, but mitigated somewhat by KO & CVX's YTD performance.
