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Thread: How do you invest in a down market?
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Old 05-07-2021, 02:08 PM
Stu from NYC Stu from NYC is offline
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Originally Posted by manaboutown View Post
Back in the early 1980s I bought a handful of Berkshire Hathaway shares at around $3,000 per share. It was before class B shares were offered. Just dumb luck probably, but I had read about Warren Buffett's track record and thought I would give it a go. I had little cash to invest back then but I put some of it into BRK. Glad I did is an understatement!

Those shares have grown to be about 1/3 my stock portfolio and all I do is nothing yet benefit from people far smarter and capable than I am in the stock market.
Given his track record do not understand why anyone would criticize Warren Buffet.

Well maybe cousin Brucie would find fault with him not buying some reverse mortgages.