Tuesday, February 17, 2009

Berkshire Hathaway is down by 43%

Interesting. On a percentage basis, my portfolio is officially much better off than Warren's. I haven't lost a dime since the crash began. I'm a little ahead.

Berkshire Hathaway is down 43 % since the peak. I guess they subscribe to the buy and hold thesis and the fund tracks the market closely.

Unfortunately there may be more bad news for Warren. The chart suggests that Berkshire Hathaway Inc (NYSE) may just be starting the decline. It has broken below a 9 year trendline on high volume. That is not a good sign.

The real test will be to see how I do compared to Warren after the bear is over and the next bull is well under way.

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