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Non-Tech : Berkshire Hathaway Class B

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To: jhg_in_kc who wrote (800)5/20/1999 3:36:00 AM
From: Dale Baker  Read Replies (2) of 1652
 
I never understand why people point to BRKB as a zero-sum investment choice. I have 10% of my money in BRKB and 50% in tech stocks. What's the problem? WEB understands insurance and retailing (TCAT was a nice pick too which made me almost 40% in a few weeks with the buyout). Other people understand technology.

I bought my BRKB in December at 2047 so I am up nicely in six months (it's called reading a chart to time your entry).

If you really don't like WEB's style, sell and leave. Just don't come back whining when tech stocks are cut in half in a correction. That happens about once a year.
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