Where Will Berkshire Hathaway Be in 3 Years?
While much of the stock market has sold off hard due to tariffs and economic worries, one stock that has held up very well is Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). As of this writing, the shares are up more than 14% year to date, compared with the 10% decline in the S&P 500 index.The stock has been a ballast in the rough seas of the recent market turmoil. That makes Berkshire a great investment to hold in this environment. But can investors expect it to be a strong performer during the next few years?Berkshire's Chief Executive Officer Warren Buffett has lived up to his nickname, as the "Oracle of Omaha" smartly pared back the company's equities positions and accumulated a stockpile of cash in the process. Last year, he reduced the company's equity exposure, including top holdings Apple and Bank of America, as the market soared. In total, he sold $143 billion worth of stock while only purchasing $9 billion.Continue reading
While much of the stock market has sold off hard due to tariffs and economic worries, one stock that has held up very well is Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). As of this writing, the shares are up more than 14% year to date, compared with the 10% decline in the S&P 500 index.
The stock has been a ballast in the rough seas of the recent market turmoil. That makes Berkshire a great investment to hold in this environment. But can investors expect it to be a strong performer during the next few years?
Berkshire's Chief Executive Officer Warren Buffett has lived up to his nickname, as the "Oracle of Omaha" smartly pared back the company's equities positions and accumulated a stockpile of cash in the process. Last year, he reduced the company's equity exposure, including top holdings Apple and Bank of America, as the market soared. In total, he sold $143 billion worth of stock while only purchasing $9 billion.