Berkshire B shares Tuesday, March 11, 2008
Posted by ei-forum in US Traded Stocks.trackback
Has anyone noticed that the B-shares are starting to look quite interesting again (BRK-B)? Back at 4,363 USD, and as the market is heading lower, this could be an ideal time to open or increase a position.
As we have already discussed in the past, what better time for Berkshire and it’s large cash position. Would you rather try and pick out what bargain stocks you should be trying to pick up or would you rather have Buffett do the job for you?
From the 4,200s level, investors should be fairly confident to expect double digit increases in the following years.
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‘cash is hardly idle,if what you wish to buy is decreasing in price”
Gerald Loeb
Mr.Buffet has it right.