Stocks are Crashing so will Berkshire Hathaway, unless Warren Buffet will go into CRYPTO :-D
Back to the bottom of the channel
***************************************
THIS IS NOT A TRADING ADVICE
***************************************
"History doesn't repeat itself but it often rhymes." (Mark Twain)
Wave count shows that we could see an end of the bull run. In previous bubbles we saw a double top with a declining RSI.
The logic is deceptively simple: Buffett piles up cash when the market is too expensive and about to crash. That's a poor look at the data.
"Why I Am Not Worrying About Warren Buffett's Record Stash of Cash"
drduru.com
There is a successfully broken falling wedge on BRK.B and right now it is consolidating in a little triangle. Trade is not active yet. I will wait a daily close on the triangle.
Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in various business activities. Its segments include Insurance, such as GEICO, Berkshire Hathaway Primary Group, General Re Corporation and Berkshire Hathaway Reinsurance Group; Burlington Northern Santa Fe, LLC, which is engaged in the operation of the railroad system; Berkshire Hathaway Energy, which includes regulated electric and gas utility; Manufacturing, which includes manufacturers of various products, including industrial, consumer and building products; McLane Company, which is engaged in the wholesale distribution of groceries and non-food items; Service and retailing, which includes providers of various services, including fractional aircraft ownership programs, aviation pilot training and various retailing businesses, and Finance and financial products, which includes manufactured housing and related consumer financing, transportation equipment, manufacturing and leasing, and furniture leasing.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
NYSE:BRK.B
