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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: Henrik who wrote (879)8/3/1999 1:29:00 PM
From: dalroi  Respond to of 1652
 
Henrik

FWIW
1/ round number are a psychological barrier once breached i think we can go lower
2/ low last year was around 1900 if we break that i think we go much lower but i dont think it will happen unless a serious overall correctio,

so i think we have a buying opportunity from 2000-1900 level
i think brk is now buyable
dont forget he bought general re with overvalued stock and in doing so created first a compagny with higher float and reduced overvaluation in price.

To all whinners who thought he should have bought internetstocks let me remeber
some examples
1/ QWST down from 50---29
2/ ATHM down from 100--50
and those were also good co
it easy to take winners with hindsight

anyway i'll buy more and sleep happy

FYI brkb is my largest position and coprisses > 70ù of my holdings

Cheers
Stefaan