Berkshire Hathaway’s Earnings Contain Lessons for Us All
From Nasdaq:
1. Berkshire Hathaway (BRK-A, BRK-B) is up in premarket trading after reporting a profit of $8.48 billion, a 28% gain year-on-year. They hold a record $167.6 billion in cash. Warren Buffett’s cautious outlook expects the company to do modestly better than average. Honest and unconventional, Buffett’s approach stands out in today’s market.
2. The unconventional release of earnings and letter over a weekend reflects Buffett’s unique approach. With massive cash holdings in a record market, Buffett’s strategy of being greedy when others are fearful makes sense. His long-term thinking suggests opportunities for selective investments, reassuring stock investors.
3. Buffett’s focus on mature, undervalued companies rather than chasing trends or activism is a valuable lesson for investors. Berkshire’s success lies in sticking to quality over time, avoiding risky moves. Long-term gains come from investing in sound companies and weathering market ups and downs wisely. Being disciplined and patient like Buffett can pay off in the long run.
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