Wednesday, May 14, 2008

Buying opportunity?

Remember as Berkshire Hathaway B shares were approaching (and eventually passed) $5000, and I lamented that I hadn't bought more
And conversely, although it is so exciting to see Berkshire Hathaway (B shares) above $4900 each, I wish they would go down, a lot, so I could buy more.

Well they're around $4100 now. I'm back to buying more. You might look into it yourself. Note that it is considered a financial stock, yet it's total write downs in the crisis - $0.


OpenID nathanpbell said...

Has Buffet given any indication on when he plans to retire or what the succession plans are?

12:25 AM  
Blogger Ryan said...

He plans to go until he can't anymore, which hopefully will be a long time from now. He still hasn't lost a beat, though he's 78 now.

When he's gone his job will split into two parts, CEO and Chief Investment Officer. There are three CEO candidates who can replace him at any time and there are four Chief Investment Officer candidates who can replace him at any time. He hasn't announced who they are and likely won't until he's done.

7:25 AM  

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