Well if you buy it in Australia it is.
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Bull**** what were you saying about Berkshires earnings earlier in the year again?
Not sure who you are ranting at, maybe one less coffee in the morning...
Anyway I thought this report was interesting.
BH selling stocks & buying treasuries & cash pile growing.
I have been shorting the DOW consistently for the last few weeks. Done ok out of it so far, wouldn't be surprised to see a further 10 - 15% pullback over time.
https://fortune.com/2023/08/06/warren-buffett-economy-berkshire-hathaway-earnings-147-billion-in-cash/
At bull**** the 12 screen trading guru.
Berkshire cash pile isn't growing as a percentage of firm assets, has been around the same for 20 years.
Berkshire bought net 41 billion of equities in Q1 2022 right before market tanked and then sold net all through the rally.
But market timing isn't difficult.
To be clear regarding your post, nothing has changed at all with Berkshire, just media has zero clue.
part of being a sucessful investor is being allowed to change your views or opinions when - ever you want but anyway obviously the view was at the time and now my view is buffett da man he beat inflation in his operating earnings
the rest was thx to the ai rally as apple is in that grp and is a huge holding for buffett which helped lift the prior investment losses ... anyway the stock has underperformed the sp500 so far again this yr so being invested in sp500 etf would have been a better bet in hindsight again so i still dont get why you would be so heavily invested in berkshire when sp500 etf is doing better the last 5yrs of the top of my head
Guys, let's not argue the small stuff. The important thing is we've all made a ton of money this year doing next to nothing. That's what's important.
Berkshire Hathaway class A shares have risen 71% over the last 5 years
The SP500 has risen 58% over the last 5 years.
But let's say hypothetically Berkshire's share price underperformed the SP500 during this time period, shouldn't this make you even more inclined to be invested in Berkshire?