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


To: Charles T. Russell who wrote (427)1/7/1999 8:07:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 1652
 
"I believe we have money coming out of BRK and moving into the more volatile, high performers. This action will reverse itself however."

Right. And then the go, go, momentum speculators wonder why investors get annoyed when the market gets this irrational in pockets. It is because the impatience spreads to the whole market and money flows out of value stocks. If you sat on cash, the depressing effect of the speculator would help you....but I have no cash right now.