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Old 05-23-2009, 03:01 PM
 
278 posts, read 818,962 times
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what are some short-term and long-term predictions for Berkshire Hathaway B series? It's fallen from $4700 to $2200 and now back upto $2900. I am a candian and think this a great way for me not only to see some appreciation, but also lock in the $CDN/US @ .89 cents.

something that i have to consider with this stock which i normally wouldn't have to is the stock could retreat when Buffet were to pass away (it fell a little while back just on the news of Buffet being unhealthy), but i've also heard Bill Gates says he will step in to make sure the company is run the way it always has been and Buffet himself is grooming a few for eventual succession.

I also like the fact that the stock will never be split.. since not a lot of people can afford to trade a $2900 or $90000 (A series) stock most of the investors are long term holders there for stock would be more difficult to manipulate.

would love to hear others opinions.
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Old 05-23-2009, 11:44 PM
 
Location: Scottsdale, AZ
4,486 posts, read 14,920,188 times
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My parents have a few shares of Series A shares that my father bought MANY years ago when Berkshire Hathaway was a small company in Omaha. When Buffett dies, I feel the stock value might decrease considerably especially since many of the Series A stockholders who have voting rights are aging as well. The problem is that the younger generation as a whole are afraid to invest in stocks due to the recession so they may cash out their "inherited" shares and create some sort of panic. Berkshire is a solid company but with Buffett getting up there in years, I don't know if I'd want to invest in it at this point in time.
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Old 05-24-2009, 05:40 PM
 
Location: Colorado Springs, CO
2,221 posts, read 4,651,785 times
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Quote:
Originally Posted by SpeedyAZ View Post
My parents have a few shares of Series A shares that my father bought MANY years ago when Berkshire Hathaway was a small company in Omaha. When Buffett dies, I feel the stock value might decrease considerably especially since many of the Series A stockholders who have voting rights are aging as well. The problem is that the younger generation as a whole are afraid to invest in stocks due to the recession so they may cash out their "inherited" shares and create some sort of panic. Berkshire is a solid company but with Buffett getting up there in years, I don't know if I'd want to invest in it at this point in time.
I think the younger generations are (intelligently) able to see that the stock market is proving itself to be an insider-manipulated rigged game, that makes the insiders fabulously wealthy while sticking all the downside risk on the rest. I suspect that net outflows from those markets will develop long-term, as the boomer generations cash out to retire and the replacement inflows from the younger generations come up way short as they avoid putting their reduced levels of savings into the hands of proven thieves.

But that's just me.

Success of Berkshire Hathaway still depends on an expanding, upward-trending stock market. That's going to be a risky assumption for some time. Add in the exchange rate risk, and, well, I hope you have other means to rely on to dampen the risk.
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