4 ms·
Berkshire Hathaway buys only when the price is right and they are the opposite of VC investors. They make their best investments when "there is blood in the st
by Nokinside 8y ago
Berkshire Hathaway buys only when the price is right and they are the opposite of VC investors. They make their best investments when "there is blood in the streets" and other investors are out of money.
News always lament the lackluster performance of BRK before major stock market crash. "Has the Oracle of Omaha lost his touch?"
If you compare BRK stock to SP500, you can see that when there is major correction in the stock market, BRK acquires permanent lead over SP500.
Just go to any finance site and set starting point into
* 10 March 2000 dot-com bubble crash,
* 11 Oct 2007
* or even start of 2011 bear market
and look how the BRK diverges from the SP500.
- gowld 8y agoBuffett said he had $30B waiting for opportunities like you say, and $70B more that he wanted to invest now but couldn't find anything worthwhile.