Berkshire Hathaway a Safe Haven in Today's Market

8/20 - "One of my favorite sayings, paraphrased, is Those who make no mistakes, usually make nothing at all. It is important to be actively doing things if you expect to accomplish anything. Assume you will make mistakes and take them in your stride. If you bought Berkshire Hathaway stock at the beginning of the year, you may feel you made a mistake since it is down about 18%. That is worse than the DJIA , S&P 500 or NASDAQ indices, which are only down about 14% collectively.

Although I cannot turn back the clock, I can say that in these troubled economic times you at least could be relatively confident that you were not going to lose your money, as I, and many others did with certain financial stocks."

"Today, I think it is worth considering BRK.B again. The stock, at $3,892 as I type this around noon eastern, is about 23% off its $5,059 high. The company has th...