Re: New thread again-- how 'bout that Berkshire?!?
I used to have an "A" share and made good money off of it.
I wish I had rebought when they were down around 57,000...but that stock worries the heck out of me. While Warren and Charlie say all the right things, I'm certain that the day Warren kicks the bucket the stock will drop by 50%+.
If the guy didnt have such a penchant for dairy queen burgers, I'd be less concerned.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.