I have a contrary rule that has worked more than the years. When the sirens of Wall Street want to canonize Warren Buffett, do not get too excited about his company, Berkshire Hathaway. When he is being treated by the road such as a guy who’s run of fortune has to go out, get interested in his stock.
I noticed this contrary sign during the technology bubble. Buffett was excoriated for not getting on board that influx to nowhere. An article writer is remembered by me using one of the financial websites saying that Buffett should apologize to his shareholders. Well history shows that Mr. Buffett was wise to steer clear of the tech bubble much.
In the intervening years, his ascent to cult-figure status began again when it was clear that Buffett acquired made the right goes during the technology craze. During the last a year, Berkshire Hathaway stock has dropped nearly 30%. That’s less than the S&P 500 but very un-Buffettlike. Lately, he could be being chastised to make what now turn to be bad investments in Goldman Sachs and GE. Year His insurance company have not had a good, and his options bets seem to be going in the wrong directions.
140,000 a year from now (striped club). 100,000 per share. Our model is based on a multiple regression of BRK’s reserve value and interest levels. It isn’t a warranty or a promise. It is simply a model that has done a pretty good job of tracking …