Warren Buffett's Berkshire Hathaway saw its holdings fall by 25% in the fourth quarter based on the recent release of its 13-F. Berkshire Hathaway's Class A shares were down $4,000 today to close right at $80,000. As shown in the first chart below, the stock is getting close to testing its November low of $77,500. For the year, BRK/A is already down 17.2%, which is about 450 basis points worse than the S&P 500. Shares will face a key test of support if they decline just a little bit more. If this support holds, BRK/A could make a nice reversal. But if it breaks, look out below.
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Since when did technical analysis apply to Berkshire Hathaway?
Posted by: San Fran Sam | February 19, 2009 at 07:52 PM
70,000 dollars a share who cares what the market does for him,most of his investments r products people use everyday,not just one company.when u have billions sitting around in cash u dont worry about the stock market,ie why he sold those worthless companies recently.come on i'd take that loss in a second he aint hurting at all.
Posted by: tim in florida | February 22, 2009 at 09:00 AM