Berkshire breaks out to record high with fourth-quarter rally reaching 19%
Berkshire Hathaway's red-hot shares are ending a strong week with four consecutive fresh record high closes.
TL;DR
- Berkshire Hathaway's Class A shares have achieved 11 record highs since October 1, soaring 19.1%.
- The gains contrast with the S&P 500's dip, indicating investors see Berkshire as a safe haven.
- Berkshire may have reduced its Bank of America stake for the ninth consecutive quarter.
- The company is selling over 182 billion yen ($1.1 billion) worth of bonds with maturities between 2029 and 2056.
- Key investing principles from Warren Buffett include owning a business, proper market attitude, and margin of safety.