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


To: Leroyt who wrote (720)3/28/1999 8:20:00 PM
From: Michael & B.Anne  Read Replies (1) | Respond to of 1652
 
RE: The only problem with owning Berkshire is that you KNOW the VALUE of the company is ALWAYS increasing

Perhaps not (at least in the short term). The loses at CologneRe are still unclear and may be more than projected. And this is certainly

1) a concern for near term earnings.

2) fodder for temporary questions regarding the due diligence done ... perhaps the size of the pending float caused pixie dust to get into the eyes of our heroes

nonetheless, in these strange times, I still believe BRK is undervalued and is the best bet to win. but am not so sure we should not expect a rocky few months ahead.

but again, not so scary as riding the tech stocks so fast and so light along the edge of deep crevices

regards