Berkshire Hathaway Stock Price At A 10% Discount?
This is a Post from the Symbol Surfing Blog from Tue, Jun 12, 2018.
I am going to assume you know who Warren Buffett is.
BTW, he is not related to Jimmy Buffett.
They actually did the 23andme thing just to be 100% sure.
Back to WB.
He is the CEO of Berkshire Hathaway and is also known as the "Oracle Of Omaha".
Wouldn't it be cool to invest like a legendary investor?
Well how about knowing what stocks he invests in?
Check out Warren Buffett's Portfolio.
I am looking at BRK.B today.
As you can see from the 1 year chart, the stock price hit an all time high and has sold off quite a bit.
Now it is in a trading range with support around $190 and resistance at around $200.
It looks to me that this stock is going to bust through $200 and go up to the previous highs.
The price is in the middle of the trading range now, but this looks good to me.
It feels like I am getting in at a 10% discount.
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Tue, Jun 12, 2018 BRK.B @ $195.27
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