richjoy

Is Berkshire Hathaway Now a Bargain?

p.s. Obviously, the financial press gave Mr. Buffet a pass (they have no money in the game -- I do).

Is Berkshire Hathaway Now a Bargain?

Undoubtedly, there has always been some of Mr. Buffet's reputation in the stock price...than again (wouldn't you logically agree?), as his retirement is an acknowledged fact, that fact should also be in the stock price. So, true, the stock may drop some on his retirement, but your 30% estimate would seem (wildly?) pesimistic.

As for myself, I have 16 shares of BRKB. I'm disappointed that the man who called dirrivatives "weapons of mass distruction", allowed those same WMD to produce huge insurance losses for his stockholders. Consequently, I have no reason to wait for the announcement of his successor, I have placed limit sales as the stock price recovers near term.