3Wk·

My first small position with Berkshire

30.05
Berkshire Hathaway (B) logo
Bought x1 at €446.25
€446.25
27
17 Comments

profile image
Warren's resignation was the end of good performance.
7
profile image
@Ph1l1pp wait and see 😉 he's already thought of something with Greg Abel
6
He hasn't done anything great for years and remains a rock in the surf
2
profile image
@Ph1l1pp Thanks for the information. How do you know all this? Thank God we have you!???!?!
7
profile image
@Kieler_Jung I think the decision is more in line with investors' expectations. I am not a fan of Abel
profile image
But someone has really done some research... NOT!
1
profile image
@Marsellus Thank you Martin, you are an enrichment.
profile image
@Ph1l1pp Then why don't you explain which analysis you are basing your statement on? So much time has passed since Buffet's announcement that you can of course make such well-founded and detailed statements. Sorry, but anyone who goes out on a limb like that without any evidence must be able to withstand criticism.
5
profile image
@Ph1l1pp What should be wrong with them? Have you taken a close look at the company and do you know what's behind it?
5
profile image
I would say the underperformance is due to the sheer size of the capital. They will only outperform strongly in the future if a liquidity crisis á 2008 occurs.

If something like that happens, they could set any conditions as an investor, such as "I'll give you money, but in return I'll give you Vz shares with 10% profit distribution until my investment is back in with subsequent conversion into common shares 1:2."

Otherwise, under normal market conditions, they will tend to outperform normally to slightly as long as Abel doesn't go crazy.
profile image
@StocksBot will certainly be one of the decisive factors, but Warren drew attention to this problem years ago.

Even if Abel had already made the majority of all decisions for several months, this would only mean being positioned delta neutral to the market

Directional bets have always been made almost exclusively by Buffett. It remains to be seen whether Abel can also make these decisions - I am skeptical 🤷🏻‍♂️
1
View all 3 further answers
profile image
Nice :) I also started with one a few weeks ago and a second one a few days ago.
Convinced that $BRK.B ‘s fundamentals are still strong for a long while despite WB stepping down 💪
1
profile image
Why no a?
profile image
Bought at ATH, the correction is underway. Now in the red?
Join the conversation