Post #16385 by Said on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (31)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

I was also taking into account that "party like it's 1999" mood in the markets. A rising tide lifts all boats, even those that are actually seaworthy

I think to remember it was different then, that Internet stocks did rise and rise --- and Berkshire went lower and lower. I bought my very first share of Berkshire the day Cramer yelled (March 2000 or so? I would have to look up the date of my first Berkshire buy):

"Berkshire Hathaway? There is only one thing to do: Sell! Sell! Sell!" (Thank you, Jim Cramer).

Which btw is not completely different from what I noticed so often this year: That the daily moves of S&P vs. Berkshire were exactly opposite. One of the reasons why I doubt they now move in tandem for much longer than the 1 month since that is the case. Too many rational Berkshire investors will sell when it continues to become even more expensive.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (31)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.