$Berkshire Hathaway(BRK.B)$ it is quite obvious, from technical point of view, its very overstretched and might pullback anytime soon,
But in terms company fundamental, its better than ever before.
Current new highs implies this is a safehaven for any recession risks and big balance cash position to ready to deploy upon any good opportunities arises.
Else, they can make 5% per year via treasury = 280b of 5% meaning almost 1b per month doing nothing! If do it correctly, they can buy small company literally for free few quarters. ( Cash really is king.)
Its a win win situation for any offensive or defensive play.
It makes me comfortable to put my funds in. Of course cant expect to win fast. Its meant for winning slowly but eventually we will each our goal given enough time
What ya think?
Modify on 2024-09-04 23:06
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