On the real BRK-A board (to all you morons, social investor included BRK-A is not a 4 symbol Naz stock) I wrote this in November and up nicely since then.
Still holds water...
From January up through early August the Berkshire Hathaway fund return NOTHING. And for good reasons. Nothing but banks and insurance companies.
The market gets scared and the price of the stock takes off. After all when buffett owned banks and insurance companies during the tech bubble burst he was on the right side of the fence. But the bottom line is his fund has not evolved to the times. Now we are in a banking crisis and his fund is taking off. Makes no sense.
First Buffett will retire. Then the fund will announce it is broke.
Sell before this happens
$133900.0 (12/21/07)
