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If the market is so good, why is Berkshire Hathaway trading down -3500 at low for day?
Financial News
| 19 May 2020
Posted on 05/19/2020 12:57:12 PM PDT by MeneMeneTekelUpharsin
Berkshire Hathaway trading at low of the day after market was up over 900 points yesterday. Wonder what the big boys know that we don't know?
TOPICS: Business/Economy; Miscellaneous
KEYWORDS: berkshire; bershirehathaway; buffett; covid19stockmarket; hathaway; market; stock; stockmarket
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Seems strange. If it was so good yesterday, why down a good bit today and BKR.A down so much? Hmmm???
To: MeneMeneTekelUpharsin
To: entropy
In fact BRK.A closed down -$4200 per share. Guess people who can afford that know something all of the little guys don’t know.
3
posted on
05/19/2020 1:00:29 PM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: SmokingJoe
4
posted on
05/19/2020 1:00:38 PM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: MeneMeneTekelUpharsin
What is the percentage drop. Raw numbers don’t matter when you don’t know the going price.
5
posted on
05/19/2020 1:02:17 PM PDT
by
hinckley buzzard
(Power is more often surrendered than seized)
To: MeneMeneTekelUpharsin
At $258,700 per share, I’m sure most of the owners can withstand a single day $4200 drop (only 1.60%)
To: hinckley buzzard
I know that, but that is a lot of Berkshire to be down. The point is, what drove the market up over 900 points yesterday and things should be good and then BRK.A drops that much. Only entities with incredible research teams buy BRK.A. It’s a valid reference point.
7
posted on
05/19/2020 1:04:21 PM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: hinckley buzzard
1.5%. Overall though BRK.A has been lagging the broader market significantly though.
8
posted on
05/19/2020 1:04:49 PM PDT
by
NohSpinZone
(First thing we do, let's kill all the lawyers)
To: hinckley buzzard
Something like a 1.3% drop.
9
posted on
05/19/2020 1:06:03 PM PDT
by
jjotto
(“Blessed are You LORD, who crushes enemies and subdues the wicked.”)
To: MeneMeneTekelUpharsin
Their biggest exposure is Insurance.
Geico.
Gov Employee Ins Co.
10
posted on
05/19/2020 1:06:17 PM PDT
by
Zathras
To: NohSpinZone
Overall though, BRK.A has been lagging the broader market significantly though.I have been noticing that. It is a good reference point to watch seeing that the research teams behind ownership in that would be thoroughly connected to valid information.
11
posted on
05/19/2020 1:07:06 PM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: MeneMeneTekelUpharsin
Down 1.6% is not a big move.
To: FewsOrange
Down 1.6% is not a big move.I realize that. I guess I am unable to make my point. Later fellas.
13
posted on
05/19/2020 1:08:09 PM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: MeneMeneTekelUpharsin
It’s probably Trump’s fault. I’m not sure how, but everything bad is Trump’s fault. That’s what the media has been telling me, anyway.
14
posted on
05/19/2020 1:09:41 PM PDT
by
Leaning Right
(I have already previewed or do not wish to preview this composition.)
To: Mozzafiato
15
posted on
05/19/2020 1:12:01 PM PDT
by
Osage Orange
(Mar's isn't a place to raise your kid...)
To: MeneMeneTekelUpharsin
Yes...your point wasn’t very good........
16
posted on
05/19/2020 1:12:46 PM PDT
by
Osage Orange
(Mar's isn't a place to raise your kid...)
To: MeneMeneTekelUpharsin
BH lost $ 45 BILLION IN ONE DAY a few weeks ago on the airlines.
17
posted on
05/19/2020 1:13:31 PM PDT
by
laconic
To: MeneMeneTekelUpharsin
I wouldn’t read too much into a single day drop. The stock is still up $4200 dollars since Friday’s opening.
To: laconic
And Buffet sold at the low, a young Buffet would nave been buying.
To: MeneMeneTekelUpharsin
Buffett wants to tank the market, maybe?
20
posted on
05/19/2020 1:19:08 PM PDT
by
TBP
(Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters.)
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