We are just a few bucks shy of setting an ATH with SP 500. Tech is booming. Berkshire is down 15% the last year and down 6% YTD. They are back to 2024 prices.
Berkshire continues to sit on loads of cash despite several very good dips the last 13 months.
Abel did make a good purchase with Google but turns out he only bought $4 billion worth.
Are you guys loading up on the Berkshire "dip"? Or was this company all Charlie and Warren?
Everyone still feeling the same about Berk?
byu/VegasWorldwide instocks
Posted by VegasWorldwide
10 Comments
Of course Berkshire is down, that’s what you get holding a bunch of cash with falling interest rates on cash while markets are booming, you underperform.
I’m in too deep.
I’ve been holding for over 25 years and it’s my second biggest individual stock position.
They’re holding hundreds of billions of dollars worth of US Treasuries
US Treasuries YTD has outperformed BRK.B stock
Kind of messed up
I hear they are going to Buy the Straight of Hormuz after this war when it’s heavily discounted.
BRK/B is 1 of my 2 core holdings (VOO). I like that with BRK I get: Geico, BNSF, Oxy, a utility, among other companies, with no dividends so funds poured back into BRK, I get a stock portfolio that includes Apple and Amex, tons of cash, Japanese stocks (dry powder bolstered by that yen bond issuance), and a management team that can deal with it all by letting the operators operate.
To me, following BRK is like following the US market if investors were tethered to economics and fundamentals. I wish they had bought CSX, though.
Next 1-2 years will be interesting
I think it’s a diversifier and am happy to have it in my portfolio.
Whenevee Buffet dies it will probably drill another 10%+
In the past 18+ months, Berkshire Hathaway is up less than 1%.
I think they see something still yet to come around the PE/AI infra relationship.