BRK.a taken to the woodshed

stock_trad3r · Nov 19, 2008

down another 7%..while the US market is down only 2%

http://bigcharts.marketwatch.com/qu...p?symb=brk.a&sid=0&o_symb=brk.a&freq=1&time=4

in fact, the major indices are still above october 10th levels while brk.a keeps making new lows

did Buffet really screw up badly?

charts · Nov 19, 2008

Quote from stock_trad3r:

down another 7%..while the US market is down only 2%

http://bigcharts.marketwatch.com/qu...p?symb=brk.a&sid=0&o_symb=brk.a&freq=1&time=4

in fact, the major indices are still above october 10th levels while brk.a keeps making new lows

did Buffet really screw up badly?

brk.a, over a decade, is still doing much beter than most, including the dow and the s&p500 ...

ipatent · Nov 19, 2008

Quote from stock_trad3r:

down another 7%..while the US market is down only 2%

http://bigcharts.marketwatch.com/qu...p?symb=brk.a&sid=0&o_symb=brk.a&freq=1&time=4

in fact, the major indices are still above october 10th levels while brk.a keeps making new lows

did Buffet really screw up badly?

BRKA is rumored to be AIG lite per one subscription newsletter.

sprstpd · Nov 19, 2008

Quote from stock_trad3r:

did Buffet really screw up badly?

Not as bad as when you were saying to buy SPY at 150.

dbell66 · Nov 19, 2008

Cant speak for other Berkshire shareholders but i feel that the company is a good solid store of value.

I sold most of my shares in September to raise cash to put into some good value stocks that are showing up.

I think some of the value funds use this tactic, of parking their cash in brk, also.

I don't think Buffett will be seeking a bailout anytime soon!

jeb9999 · Nov 19, 2008

BRKA down 11,550 to 84,000 (-12%) to lowest price in more than 3 years. It was at 147,000 exactly 2 months ago.

Corelio · Nov 19, 2008

The issue with BRK is that it is heavily owned by institutions. Once the mammoths start running in just one direction...there's no stopping.

jeb9999 · Nov 19, 2008

Quote from Corelio:

The issue with BRK is that it is heavily owned by institutions. Once the mammoths start running in just one direction...there's no stopping.

Yahoo says 23% of shares held by Institutional & Mutual Fund Owners and MSN Money says 24%.

Do you have a source that shows higher percentages?

Volume at 3,149 shares is not much above average, so no large selling pressure. Looks more like no buyers willing to pay up.

bond tr4der · Nov 19, 2008

Quote from stock_trad3r:

down another 7%..while the US market is down only 2%

http://bigcharts.marketwatch.com/qu...p?symb=brk.a&sid=0&o_symb=brk.a&freq=1&time=4

in fact, the major indices are still above october 10th levels while brk.a keeps making new lows

did Buffet really screw up badly?

LoL @ stock trader creating this thread. Does anyone else see the humor?!

stock_trad3r · Nov 20, 2008

lol down another 7%...

I guess they don't call him the snowball for nothing. Brk.a is melting...maybe his investors can the book for toilet paper when they have no money left.