Berkshire is boring, or is it?

The Investment Perspective – September 2024

Peter Flannery Financial Adviser CFP

 

 

“Neither the investing method nor the fundamentals of the business are right or wrong because the mood of the market is favourable or unfavourable toward the “stock”. That is because when you really think about it, “stocks” (shares) are all about the financials and the trading price, the share price… the cash up value. What matters more is the economics of the business” 

Peter Flannery

Key Points:

  • Berkshire’s $277B cash surpasses McDonald’s market cap.

  • Buffett sold over 50% of Berkshire’s Apple shares.

  • Berkshire prepares for market correction with a strong balance sheet.

  • Berkshire hits $1 trillion market cap, first non-tech to do so.

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