No. of Recommendations: 8
We all hope Berkshire will hold up better or at least recover quicker. Different beast now, though.
As I pointed out earlier in the thread, Berkshire is a vastly different animal now than in 2000 or even 2008. To make assumptions about what can happen to Berkshire stock during a big drawdown in the broader market based on 2000 or 2008 is fool's errand IMHO. We should all just take a deep breadth & relax. My own plan is to just go with the flow and take the ups and downs as they come; and to let Greg and Warren worry about compounding our equity long term.
I think the great Greek philospher Heraclitus said it best: "No man ever steps in the same river twice, for it is not the same river and he is not the same man."
