IT'S BEEN A CHALLENGING YEAR at Berkshire Hathaway (ticker: BRKA).
While Chief Executive Warren Buffett has made a slew of savvy preferred stock and corporate-bond investments, the company's famed portfolio of stocks has been slammed in the ongoing bear market.
So far this year, Berkshire's class A shares have slumped 20% to $77,500, near the lowest level in five years and just over half the stock's peak reached in late 2007.
Like to thank Andrew Bary for this info.
Im still thinking Strong HOLD Not much will come of this if Buffet is whacked out of his head or not. Buffet made the bet and Made the money and that's why it comes down to you. I don't say that about any of the stocks I blog about but this one. :)
Good Luck my baby birds
Thursday, February 26, 2009
The Silver Lining at Berkshire Hathaway By ANDREW BARY
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