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Opinion on Berkshire Hathaway Inc. (BRK.A) Sector: Financial > Industry: Insurance (Prop. & Casualty)
Buffett is WRONG

Nov 20, 2007 04:41 AM GMT

dogcrap

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From January up through early August the Berkshire Hathaway fund return NOTHING. And for good reasons. Nothing but banks and insurance companies.

The market gets scared and the price of the stock takes off. After all when buffett owned banks and insurance companies during the tech bubble burst he was on the right side of the fence. But the bottom line is his fund has not evolved to the times. Now we are in a banking crisis and his fund is taking off. Makes no sense.

First Buffett will retire. Then the fund will announce it is broke.

Sell before this happens

BRK.A: This call was made on 11/20/07 @ $136700.0

Rating:	$136700.0 (11/20/07)
Closed:	03/17/2008 @ $127750.0 (+6.55% in 118 days)
Target:	$105,000.00 (-23.19%) in > one year

Comments (2)

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draiochtanois

N/A

1 point commented 1470 days ago reply

4 points:

It's not a fund
31% annualized return
The share price has risen because he is holding cash when its a buyers market and he gets a chance to deploy that cash very favorably
I think your username sums it up for me

uggb

N/A

1 point commented 665 days ago reply

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Opinion on Berkshire Hathaway Inc. (BRK.A) Sector: Financial > Industry: Insurance (Prop. & Casualty) Buffett is WRONG

Opinion on Berkshire Hathaway Inc. (BRK.A) Sector: Financial > Industry: Insurance (Prop. & Casualty)
Buffett is WRONG