Assuming you had the money, would you be buying or shorting Berkshire stock right now?

I'm hearing compelling cases for both but I'd love to know what everybody here thinks.

Best Answer

alanj answered a question in General Market.
732 points

alanj answered 3 months ago …

Neither. Even though it came off a bottom, around July 30. (where it was a year ago) where it was in oversold territory it is no longer oversold. It is in neutral territory. It has recently been making higher lows, which is an uptrend formation. The most recent high before heading back down was a lower high. which is a downtrend formation. That's a technical confliction. You should wait until the technicals are showing either oversold or overbought before deciding whether to buy or short the stock.

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Answers

jillybeansisme answered a question in General Market.
583 points

jillybeansisme answered 3 months ago …

It doesn't matter if I have the money or not, I still wouldn't do a thing with it because of how much a single share costs. It would have to have a miracle to make any significant money at this point. Why invest thousands to watch it move $20 when I could buy Monsanto or Potash or anyone of a number of others for significantly less actual dollars and watch the same move.

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SallyG answered a question in General Market.
408 points

SallyG answered 3 months ago …

I have separately purchased two single shares of BHB.b, one within the last few weeks (under $3900). I've seen a valuation put at $5000. Warren Buffet and Charlie Munger are way better investors than I am, and they have access to opportunities that I don't have.

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