At 2003 Levels, Berkshire Stock Is Enticing [View article]
On what type of analysis are you vauling BRK? What makes you interested at a 20% discount but not interested at today's prices? It's trading at a price that if you think BRK will survive the current economic downturn, it's about the most sure investment you can make. Pigs get fat and hogs get slaughtered. If you truly understand BRK, and would be willing to buy at 20% less than todays prices, you should be willing to buy it at market today. If you are interested in establishing a position in BRK, you have a very short window to go ahead and do that. Mr. Market is your friend and he happens to be sad right now and he is willing to sell you something for about half of what it is worth. If BRK were to ever go under, I think we will all be more focused on what we will use to buy food instead of how our portfolios are doing.
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On what type of analysis are you vauling BRK? What makes you interested at a 20% discount but not interested at today's prices? It's trading at a price that if you think BRK will survive the current economic downturn, it's about the most sure investment you can make. Pigs get fat and hogs get slaughtered. If you truly understand BRK, and would be willing to buy at 20% less than todays prices, you should be willing to buy it at market today. If you are interested in establishing a position in BRK, you have a very short window to go ahead and do that. Mr. Market is your friend and he happens to be sad right now and he is willing to sell you something for about half of what it is worth. If BRK were to ever go under, I think we will all be more focused on what we will use to buy food instead of how our portfolios are doing.
Nov 21 11:39 am
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All Comments by User 303490 »At 2003 Levels, Berkshire Stock Is Enticing [View article]
Mr. Long