Buying Buffet

by | May 23, 2023

We definitely know the name.

Warren Buffett is the most famous investor in the world.

And we know his wealth-creating vehicle: Berkshire Hathaway.

And we know that Berkshire Hathaway Inc. (BRK-B) has beaten the market handily since 1996. 

Going back to ‘96, BRK.B would have turned a hypothetical $10k into $177,000 while the market would have turned $10k into only $77,000 (excluding dividends). 

Oh, BRK.B beats the market handily even if you do include dividends. 

And now we have a good entry point to piggy-back on this historically great stock. 

BRK.B did fall during the Bear Market of 2022 like everything else, but it’s been on a roll since last October.

Now it has risen above the long-term moving average and is very close to a breakout point:

A break above $331.95 could lead to a nice move.

Or it could lead to a great entry point on a stock that could beat the market for the next decade.

Happy trading,


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