While most of the BRK stock holders still have a great return for the year to brag about, I bought it at its all time high with confidence that you can not go wrong with WEB at the helm of affairs. The stock has consistently been coming down from that time, although I am in it for the long haul but the trend that I have experienced makes me nervous.
You just joined the club! The day WEB announced the GRN deal I had earlier placed a sell at 80 and a buy at 74, for the last year whenever it reached an obscene high it immediately retreated. WEBstiming as always is perfect.The shit hit the fan and you bought. My sell went thru before I saw the notice and you probably got my share! Well it cost me a grand to get back in at 81 cause things went nutso all the way to 84.But no sniviling alowed,you play-you pay,the gains are still there.theres comfort in that kind of hindsite .
........Sunbeam, if they ever held a Bad Judgement parade, I would be Grand Marshall. I passed on BRK in '79, '84, '88 and '90...........thought it was way too expensive! Finally at the "B" ipo I started buying and managed to catch the dips it seems whenever I bought. What the heck....if I was clairvoyant I would be at Laurel racetrack betting the ponys........the beat goes on......
Well, bobo, for some unknown reason I also have something strange happen to me.
Whenever I buy any stock, it immediately goes down and stays under what I bought it for a while.
Why that happens, I have no idea. It could be either a bias in my observations (that is, I am seeing what is not actually happening) or, more likely, a statistical fluke (like five tails in a row). But maybe it is something else. It happened too often.
Eventually, things worked out OK after I held on for a while, but I am still puzzled.