Berkshire Hathaway Inc. (BRK-A)

Board info/user info for new users:

When Jad says Sell—you should BUY (100% success rate)
When NoMoHo says Buy—you should SELL (98.1%success rate)
When NoMoHo says Sell—you should BUY (99% success rate)
When NoMoHo says hold for long term—ask him why he’s a day trader.

State of confusion.
We have Jad posting his drivel and the market recovered.
Now we have Nomohomes giving out 5 year 11% compounded annual returns .
Ones bearish. Ones holding the bag from 350 after selling at 308.

This sell off across the market is very confusing. We manufacture components for many industries but about seven in particular. Those being Oil & Gas, Heavy Truck (Axles & Transmissions), Heavy Machinery, Mining, Forestry & Logging, Hydraulic Cylinders and Rail. With that said, at any given time 2-3 of these industries will be in a down cycle. However, all seven are running at full capacity with increasing demands. Some are even BRK companies. I've been in my industry for over 30 years and honestly, have never seen it like this. It is amazing. Been through two major down cycles, seeing customers take their foot off the gas but not even close this time, everyone is increasing orders and offering more money. Where is the doom and gloom coming from? This is nothing compared to what this country has been through before.