No. of Recommendations: 9
General weakness in markets & financial conditions would be better for BRK holders. It gives a chance for Warren & Greg to put that large stash to work.
Indeed. No matter how hard it would be emotionally, the best thing for the value of a share of Berkshire would be a deep decade-long deep bear market like the early 1980s.
Sometimes you have to be careful what you wish for, as this would likely affect the price of Berkshire shares as well, despite being good for value growth. I found the stretch of precisely zero real price change from 2007-12-10 to 2013-05-07 (5.41 years) sufficiently trying. I remember much gritting of teeth.
Jim
