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Berkshire stores value when times are good, they makes exceptional deals when there is crash and they can buy good stuff cheap. They always have cash and the do
by nabla9 5y ago
Berkshire stores value when times are good, they makes exceptional deals when there is crash and they can buy good stuff cheap. They always have cash and the don't have to sell assets to buy stuff.
Unless you think that there will be no financial crisis or severe recession again, Berkshire will probably shine again.