2024-06-17 11:30:00 ET
Summary
- Berkshire Hathaway stock has underperformed recently. However, don't be mistaken in thinking that you should turn bearish.
- Berkshire's operating earnings profile is expected to remain resilient.
- Investors are also confident in Berkshire's succession planning, mitigating Buffett's key person risk.
- Berkshire's massive cash horde is expected to keep growing, providing more opportunities for deployment.
- I argue why pessimism in Warren Buffett doesn't make much sense. Read on.
Berkshire Stock Underperformed Recently
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Berkshire Hathaway: Pessimism Against Buffett Makes Little Sense (Upgrade)