Berkshire Hathaway - Gearing Up for a Bullish RallyNYSE:BRK.B is exhibiting strong bullish momentum, supported by consistent price strength and a clear uptrend. Recent price action confirms buyers' dominance, with the stock pushing higher and breaking through key levels, signaling further upside potential.
With no significant resistance ahead, the next logical target is $519.50, aligning with the upper boundary of the channel. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Berkshire
Berkshire Soars to New Heights: Q4 Results Smash Records◉ Q4 Result Highlights:
● Berkshire Hathaway reported record operating earnings of $14.5 billion, driven by higher interest rates and a strong performance in its insurance business.
● Insurance investment income soared by 48% to $4.1 billion.
● The company's cash reserves hit an all-time high of $334.2 billion, reflecting Warren Buffett's cautious yet strategic approach to investments in a volatile market.
● Net earnings for Q4 2024 stood at 19.7billion ,down from 19.7billion, down from 37.6 billion in Q4 2023, primarily due to lower gains from its investment portfolio.
● Book value per share rose by 1% sequentially and 16% year-over-year, reaching $451,507, underscoring the company's consistent value creation.
◉ Technical Observations:
● The stock is currently in a strong uptrend, consistently achieving higher highs and higher lows.
● After a period of consolidation, the price has broken out decisively and is now trading at all-time highs.
● This bullish momentum is expected to continue, potentially driving the stock price even higher in the near term.
What makes a good director?This analysis is provided by Eden Bradfeld at BlackBull Research—sign up for their Substack to receive the latest market insights straight to your inbox.
I’ve been spending a lot of time thinking about good governance and good boards. There is a lot that can be said about bad boards, but a lot less is said about what makes a good director. So what makes a good director? I'll start with a quote from Grandpa Buffett’s recent letter (published yesterday):
During the 2019-23 period, I have used the words “mistake” or “error” 16 times in my letters to you. Many other huge companies have never used either word over that span. Amazon, I should acknowledge, made some brutally candid observations in its 2021 letter. Elsewhere, it has generally been happy talk and pictures.
I have also been a director of large public companies at which “mistake” or “wrong” were forbidden words at board meetings or analyst calls. That taboo, implying managerial perfection, always made me nervous (though, at times, there could be legal issues that make limited discussion advisable. We live in a very litigious society.)
Also worth his thoughts on CEOs and schooling (I have never really understood the point of an MBA:
One further point in our CEO selections: I never look at where a candidate has gone to school. Never!
Of course, there are great managers who attended the most famous schools. But there are plenty such as Pete who may have benefitted by attending a less prestigious institution or even by not bothering to finish school. Look at my friend, Bill Gates, who decided that it was far more important to get underway in an exploding industry that would change the world than it was to stick around for a parchment that he could hang on the wall. (Read his new book, Source Code.)
Not long ago, I met – by phone – Jessica Toonkel, whose step-grandfather, Ben Rosner, long ago ran a business for Charlie and me. Ben was a retailing genius and, in preparing for this report, I checked with Jessica to confirm Ben’s schooling, which I remembered as limited. Jessica’s reply: “Ben never went past 6th grade.”
Anyway — some thoughts on what makes a good director, from observation:
Accountants and lawyers rarely make a good director. There are exceptions¹, but often I think a “professional” is conflated with a “good businessperson”. Think of the “professionals” who have sat on the board of Fletcher Building and added dubious value.
Founders, and owner-operators (or former owner-operators) often make a good director because they innately understand what makes a business tick. To quote the Druck’s former boss — “it’s all cash in, cash out, son”
Trust is crucial. To paraphrase St. Charlie Munger — “a web of trust is important…and be careful whom you trust”
The tick boxes that many boards do these days are rarely useful. There is an inordinate amount of focus on tick boxes, and not enough on the actual business activities.
Directors who see their duty to the shareholders and company tend to be best. This seems obvious, but is not always put into practice.
Industry experience, funnily enough, is also important. You need to understand what you sell, who your customer is, and how you make a buck.
A strong CEO is also important — think about Buffett, Gates, or Jobs. A board should provide guidance, but the CEO should be the guiding light.
If you have the fortune of having a great CEO, you ought to let them do their thing and not micro-manage them. Micro-management has never worked out, and is the domain of mediocre mid-level executives who eat depressing food.
Equally, a strong board is important — while you want your CEO to be an all-star, you don’t want those little dogs that live in handbags as board members — that defeats the point.
Sadly, not many CEOs are too amenable to pit bulls.
High compensation is not important. Ideally your board members should be independently wealthy. If a large part of their income is derived from their board comp, you will find they magically seem to have roles on five different boards — all in different industries.
To wit, from Buffett (quoting him a lot today, I know!): “Over the years, board “independence” has become a new area of emphasis. One key point relating to this topic, though, is almost invariably overlooked: Director compensation has now soared to a level that inevitably makes pay a subconscious factor affecting the behaviour of many non-wealthy members. Think, for a moment, of the director earning $250,000–300,000 for board meetings consuming a pleasant couple of days six or so times a year. Frequently, the possession of one such directorship bestows on its holder three to four times the annual median income of U.S. households.”
To that effect, just because a board member is on another board is not an endorsement.
Buying stock in a company with your own money, if you are a director, is a good thing. Being “truly independent” and having no stock is a warning sign — the director’s interests are aligned with his or her director’s fees, rather than the trajectory of the company.
¹ If you are one of my lawyer or accountant friends — you know who you are — you are the exception.
Warren Buffett’s New Investments & Full Berkshire Portfolio ScanHi,
In today’s post, I’ll discuss Buffett’s latest moves, which led me to analyze Berkshire Hathaway’s entire portfolio. I’ve identified 10 interesting stocks - two of them are here on TradingView, while the rest are available on my Substack (ENG) channel. You can find the link in my bio by clicking the Website icon or simply copy/pasting it.
First, the latest moves:
In Q4 2024, Warren Buffett, the legendary investor behind Berkshire Hathaway, made bold portfolio adjustments. His firm entered a new position in Constellation Brands (STZ), a leading beer and spirits maker, and increased stakes in Domino’s Pizza (DPZ), Pool Corp (POOL), Occidental Petroleum (OXY), and Sirius XM (SIRI). At the same time, Berkshire significantly reduced its holdings in Bank of America (BAC) and Citigroup (C), while exiting Ulta Beauty (ULTA) completely.
After aggressively trimming its Apple (AAPL) stake earlier in the year, Berkshire left its position unchanged in Q4.
New Investments and Increased Positions
+ Constellation Brands (STZ): New 1B investment in the beverage giant behind Corona and Modelo.
+ Domino's Pizza (DPZ): Nearly doubled its stake, adding $550M—betting on continued growth.
+ Pool Corporation (POOL): Increased holdings in this niche but promising leisure and home improvement play.
+ Occidental Petroleum (OXY): Expanded to 264.2M shares, maintaining a bullish oil and gas stance. A separate filing earlier this month revealed Buffett added more in February
+ Sirius XM Holdings (SIRI): Added 5M shares, bringing ownership to 35%, reinforcing confidence in media.
Reductions and Exits
- Bank of America (BAC): Cut stake by 15%, selling 95M shares, reducing ownership below 9%.
- Citigroup (C): Slashed holdings by 75%, offloading 40.6M shares worth $2.4B.
- Ulta Beauty (ULTA): Fully exited, reallocating capital elsewhere.
Technical breakdown
Considering Buffett’s latest portfolio moves, I decided to analyze all Berkshire Hathaway stocks from a technical perspective. While Buffett is known for his long-term fundamental approach, the key question is:
- Are there any technical setups that allow us to follow his investments?
- Do any of these stocks present strong breakout opportunities or key reversal points?
I reviewed the charts and found several interesting setups. Here are my findings.
1. Occidental Petroleum (OXY)
Sector: Energy – Oil & Gas Exploration and Production
Berkshire Hathaway’s Holding: 264.2 million shares (~27.2% ownership)
Portfolio Weight: Approximately $12.8 billion (4.7%)
Occidental Petroleum is a leading oil and gas producer, primarily operating in the U.S., Middle East, and Latin America. It also has a chemical division (OxyChem) and is investing in carbon capture technologies for sustainable energy.
From a technical perspective, I have been watching this stock for a long time, waiting for the right setup. I avoided recommending it in 2023–2024 due to a strong downtrend line that has consistently acted as resistance. This trendline has been a game changer in previous price movements, leading to repeated selling pressure.
Looking at the bigger picture, the liquidity grab in 2020 and the rally that followed signaled a potential shift in a trend. While breakouts from major downtrends take time, I focus on timing my entries as close to perfect as possible. We saw strong momentum in 2021 and 2022, followed by a current controlled pullback.
My key area remains between $40 and $50 - a historically significant level that aligns with the current price structure. Now that OXY is inside this zone, the technical conditions suggest a solid opportunity to follow one of Buffett’s latest moves.
2. Diageo plc (DEO)
Sector: Consumer Non-Durables – Alcoholic Beverages
Berkshire Hathaway’s Holding: 227,750 shares (~0.03% ownership)
Portfolio Weight: Approximately $24.5 million (~0.01% of the portfolio)
Diageo plc, a British multinational company, is a global leader in alcoholic beverages, boasting a diverse portfolio that includes renowned brands such as Johnnie Walker, Smirnoff, Baileys, and Guinness.
From a technical analysis standpoint, DEO has experienced a gradual decline of over 50% from its all-time high, positioning the stock inside my marked support zone between $90 and $110.
Key technical factors:
- Historical Support: around $90, which previously acted as a strong resistance and later served as minor support after the breakout.
- Liquidity Considerations: The area just below $100 can acted as a liquidity zone, potentially serving as a strong support level.
- Fibonacci Retracement: Applying the Fibonacci retracement from all-time lows to highs indicates that the 62% retracement level aligns within this zone, adding credence to its significance. I don’t use it as much as before since drawing from midpoints doesn’t provide a strong edge. However, when aligned with all-time lows or highs and matching my marked area, it becomes a solid factor in my criteria.
Given these technical indicators, the $90 to $110 range emerges as a potential reversal zone. Within this, the $90 to $100 segment appears particularly robust. Investors should monitor this area closely for signs of a trend reversal or consolidation, which could present a strategic entry point.
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These are just two of the 10 stocks I found interesting in Berkshire Hathaway’s portfolio. If you want to see the full breakdown and my take on the rest, head over to my Substack (ENG) channel.
You’ll find the link in my bio under the Website icon, or you can copy/paste it directly. See you there!
Cheers,
Vaido
At least a 10% market gain for Berkshire in 2025.Berkshire is one of the smart companies that has been actively selling overvalued stocks and investing in more promising sectors lately.
Political changes could also positively impact the company, as potential tariffs from Trump would benefit Buffett's furniture industry. It’s no secret that the U.S. imports massive amounts of furniture.
Another part of the company’s operations is insurance, which accounts for about 26% of the company’s profit. It hasn’t entered any risky sectors related to the famous cases in Los Angeles.
The company expects around $92 billion in revenue for Q4, and if this is achieved, Berkshire will close another record-breaking year.
Thus, at least a 10% market gain for Berkshire in 2025.
Berkshire Hathaway | No More Apple Pie & Bank Bread!No More Apple Pie and Bank Bread | Buffett’s Recipe for Market Caution
Berkshire Hathaway has recently disclosed its earnings amid fluctuating around a $1 trillion valuation. A notable update is its continued reduction of stakes in overvalued assets, including a 20% decrease in holdings of Apple and Bank of America, boosting its cash reserves to $325 billion
Although Warren Buffett himself isn't favoring share buybacks at present, Berkshire Hathaway stands as a compelling investment option
Why Berkshire Hathaway's $325 Billion Cash Pile Signals Market Caution
The company's net earnings remain subject to significant fluctuations due to rules requiring valuation changes of investment holdings. However, there was a slight decline in operating earnings, mainly driven by lower insurance underwriting income. Despite this, that segment is historically volatile, and year over year aka YoY, the company has maintained strong performance.
Yea2date aka YTD, operating earnings have risen over 10%, totaling just under $33 billion compared to just below $29 billion last year. This points to an annualized earnings estimate of approximately $44 billion, implying a price2earnings aka P/E ratio of about 22, without factoring in over $320 billion in cash and significant investment holdings.
Excluding cash and investments, the adjusted P/E ratio is closer to single digits. Share buybacks have paused, reflected in a ~1% decrease in the outstanding shares YoY, signaling Berkshire's assessment of current market valuations.
Segment Highlights
The various business units within Berkshire Hathaway showcase its robust asset base and earning capacity. Insurance underwriting income saw a sharp YoY drop, but other business areas performed strongly. Income from insurance investments remained solid, and BNSF, its railroad subsidiary, also showed strong results despite a double digit YoY decline.
Berkshire Hathaway Energy continues its growth, cementing its position in the utility sector with significant renewable energy ventures. For context, NextEra Energy (NEE), with a market capitalization of $160 billion, posted quarterly earnings around 10% higher.
Berkshire's other controlled and non-controlled businesses contribute over $13 billion annually, underpinning its diversification and consistent earnings performance. This strength across segments underscores its formidable financial health.
Market Context
Currently, market valuations are elevated by historical standards.
Excluding periods of earnings dips, market enthusiasm is exceptionally high, with the S&P 500 P/E ratio nearing 30x, approaching levels last seen in 1999. Buffett and Berkshire appear to view a 3% yield from such a P/E as unattractive, especially when bonds offer higher returns.
The 2008 Playbook
Berkshire's track record of effectively utilizing its cash reserves is notable. Excluding its insurance float, the company still holds $150 billion in cash.
During the 2008 financial crisis, Berkshire leveraged its liquidity for strategic investments in companies like General Electric, Swiss Re, Dow Chemical, and Bank of America, as well as finalizing the full acquisition of BNSF in 2010. This proactive use of capital proved advantageous.
The current strategic sale of assets suggests Berkshire is preparing for potential market downturns. Given high S&P 500 valuations, reallocating part of an S&P 500 position into Berkshire Hathaway could be wise, ensuring exposure to a cash-rich portfolio capable of seizing future opportunities. Meanwhile, Berkshire’s earnings are valued lower than the broader market, potentially minimizing major downturn risks.
Investment Risks
A key risk is that timing the market is inherently challenging, with the adage "time in the market beats timing the market" serving as a caution. If Berkshire's market outlook is incorrect, its $300+ billion in cash could underperform while broader markets remain strong, which would diminish its appeal as an investment.
Final Thoughts
Berkshire Hathaway has taken the bold step of liquidating some of its most significant and priciest holdings, opting to incur capital gains taxes to increase liquidity. This move has bolstered its cash position to $325 billion, $150 billion above its float level. Meanwhile, its strong operational businesses continue generating healthy cash flow.
Drawing on its successful strategies during the 2008 crisis, Berkshire appears to be positioning itself for another downturn amid current high market valuations. We advise investors to consider shifting part of their S&P 500 exposure into Berkshire Hathaway for enhanced diversification and potential benefits in a market correction, long story short Berkshire Hathaway remains a robust investment opportunity but wont make millionaire!
What do you think moonypto fam?
28.12.24 American Express - slowly downwardsAmerican Express is since decades Warren Buffett Darling.
AXP last years with increasing fees and solid growth spent wonderfull earnings to the shareholders, even solid dividends.
But during the last years, credit defaults increased rapidly. From quarter to quarter they increased accounting provisions.
st. louis Fed statistic also very interesting. Small banks in Us with huge defaults, meantime by 7%. Highest value since 1991, even higher than 2008…
So as a matter of fact, consumer sentiment also negativ. For 2025 expect recession and further increasing of defaults.
Expext for axp sharp slump in earnings.
Trade Like A Sniper - Episode 19 - BRK.B - (6th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing the Berkshire Hathaway ETF chart, starting from the 6-Month chart.
MTF WAVE indicator Case study on $ALICECase study for the MTF Wave showing all entries and phases in a clear way.
Make sure to compare the ideal MTF Wave concept with the actual MTF Wave indicator below the chart to compare the wave start, short and long entries, as well as different wave phases and how they correspond to Price action.
This one geared up while showing the perfect Fake Down (large gap between gray and blue) right at the support retest after initial breakout, followed by a 116% run so far!
BRK.B "always bearish" Based on a bull baer power indicator of "push/pull" type; after I edited the dimensions of the indicator for volume instead of moving average I found BRK.B new to always be Bearish. Unlike BRK.B NEW, the BTC indicator had bearishness many years ago and since is Bullish. Too bad I can't overlay to different charts to show each individual indicator representing each in the same image; if only. It appears people are always trying to defeat Berkshire Hathaway with volume. Unless the edits I made to the indicator represent nothing. Sometimes a nothing indicator an imagined concept reveals as much information as if it was real.
(BRK.B) berkshire hathaway_newThe orange line is a same price % scale of BTC overlayed on top of BRK.B. The long term success of BRK.B is harder done than said. The volatility of Bitcoin is hellish compared to so many years of BRK.B succeeding including stock splits to keep the price down. If marginal shares were available to all people where a person could invest any amount of money they wished into the stock market perhaps more people would have become interested in stock trading before cryptocurrency succeeded. Cryptocurrency affords anyone to invest for any amount of money on any trade of cryptocurrency regardless of the price per share cost, unlike stock market. I know that marginal shares became a thing on Robinhood a couple years back. I am unaware of the progressive push by Robinhood and how their work influences other stock trading companies to improve their business model to appeal to a younger audience. Ironically, there is no way to put "BRK.B" into a tag. There is an understatement of percentage earned here as seen on the BRK.B chart because it doesn't account for all the stock splits over the years. One would have to create a modified chart to have a way to compare stocks that split versus cryptocurrency that does not, kind of like the, 'adjust for inflation' thing people always say and do.
Berkshire Hathaway - BreakoutHello Traders, welcome to today's analysis of Berkshire Hathaway.
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Explanation of my video analysis:
In 2013 Berkshire stock broke above a key resistance area which was acting as resistance for multple years. This breakout was followed by a +300% pump towards the upside. Last month Berkshire stock then also broke out of a long term triangle formation. If we get a retest back to the previous resistance mentioned in the analysis, I will be looking for long-continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Will Berkshire Hathaway investors panic when Warren Buffet...Will Berkshire Hathaway investors panic when Warren Buffet passes away?
Few companies are as closely tied to their leaders as Berkshire is to Warren Buffett and was to Charlie Munger.
Munger's recent passing, who served as Berkshire's vice chairman since 1978, signifies the end of an era for the company. While Munger's role was significant, Buffett's influence on the company is even more substantial. Given his age of 93, Buffett's eventual passing could potentially have a large impact on Berkshire's stock price. Investors may be spooked or optimistic about Berkshires possible future. The cult of personality and reverence for billionaires among the investing class suggests that the impact would be negative. But who knows?
In a recent letter, Buffett asserted that Berkshire is "built to last" and will continue to thrive under capable leadership, likely from Greg Abel. Currently the CEO of Berkshire Hathaway Energy and vice-chairman of non-insurance operations, Abel is seen as a potential successor. As pondered by Reuters; will he be willing to divest underperforming or uninspiring businesses, unlike his predecessors who preferred long-term holdings, or whether Berkshire might consider paying its first dividend since 1967?
Berkshire Hathaway CallsThe price established itself on a strong demand zone and seems like its going to make some gains up to $543,000 area.
Upon reaching that area the price might break through the supply zone, in which case we can expect a rally to the last high of $566,000.
Or else, the trend will reverse back to its current point.
Berkshire Hathaway: Step by Step 👣Although the last few days have been volatile, the price of Berkshire has now backed the low of the magenta wave (1) and is currently in an uptrend. The same colored wave (2) should reach $360 before a reversal takes place. The 37% probability alternative scenario is for the price to rise further, which would come into play on a break of the resistance at $373.34.
BRK, Massive Volatility-Developments, Important Price-Dynamics!Hello There!
Welcome to my new analysis about BRK on several timeframe perspectives. The BRK stock is one of the few stocks within the recently bearish inclined stock market that is actually showing all-time-high developments with the price-action bouncing into a new all-time-high. Within this case there are important underlying dynamics going on which could turn out to be a major factor in determining the stocks future and incoming price-actions. Especially as BRK did not pulled back massively yet this is actually increasing the possibility of no bull-trap to emerge here.
First of all, BRK is recently forming this ever so decisive Ascending-Triangle-Formation on the local timeframe perspective which is likely to be completed within the next times. Once the Ascending-Triangle-Formation has been completed it is going to activate initial target-zones. In this case 5 factors will be important to consider. The first factor on how the momentum shows up once the breakout emerged. The second factor on if BERKSHIRE actually pulls back from the target-zone or it has such a momentum that it continues above it. The third factor on if the major ascending-supports hold and BERKSHIRE emerges with a bounce from there on. The fourth factor on how Apple a major holding of BERKSHIRE develops and the fifth factor on if the U.S. CPI continues to decline.
Taking all these factors into the consideration here now, the next times will be highly important because BERKSHIRE is going to show up with the major decisive volatility developments. When considering this whole dynamic on the global perspective also BERKSHIRE is forming this gigantic ascending-triangle also besides the local timeframe and once BERKSHIRE holds this gigantic ascending-triangle lower boundary it is going to be the impediment of the whole continuations to accelerate, activate the target-zones and reach out to all of the target-zones in the upcoming times.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
Berkshire (BRK.B) -> Trend ContinuationMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Berkshire Hathaway.
At the moment you can see that Berkshire stock is retesing its previous all time high which is roughly at the $350 area and we might see another short term bearish rejection.
However considering that the overall trend is still very bullish I am waiting for a simple break and retest of the current resistance level and then I am looking for a trend continuation.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Berkshire Hathaway: Bearish Gartley Hinting at a 40-60% DeclineBerkshire Hathaway is currently trading at the HOP level of a Bearish Gartley and at this HOP level, upon close, will likely confirm a Bearish PPO Confirmation Arrow as the PPO Oscillator itself gets closer and closer to breaking below a well established trend line.
Along with that, we have some Bearish Divergence on the MACD and the price action we got at the HOP resulted in a green Shooting Star Candlestick Reversal Pattern that we are working on confirming via a Weekly Bearish Engulfing.
If all goes as expected, I would think that the shares of Berkshire Hathaway will first pull back 27% which would put at the 2022 lows but after that I think it will likely pullback around 40%-60% to fill an unresolved gap at $314,850.00
BERKSHIRE UPDATE, Approaching The Critical Range Now!Hi my friends,
Welcome to this update-analysis about BERKSHIRE and the recent events, how it is approaching the critical range, what we can expect the next times, and how to handle upcoming situations accordingly. The stock confirmed the before mentioned possible movement and bounced at its lower boundary to move upsides testing the remaining strong resistance-cluster which can lead to a possible bear-flag and its confirmation, if you did not watch this analysis already I highly recommend it to you for having a full-depth-overview about the established situation. As the stock is approaching these important levels there are some meaningful signals I detected determining the further outcomes of the stock and where the journey can head. As the main stock market has decently recovered from the corona-breakdowns this year there are still stock remaining which trading way below the established highs and looking rather weak and bearish then in a good shape to form new highs therefore it is significant to assess these stocks individually and only consider these on the long-side which providing right conditions.
Looking at my chart you can watch there that BERKSHIRE is now approaching the huge bearish confluence-cluster marked in red which is also matching with the rising resistance line marked in light-blue, therefore, building up coherent resistance in this structure, in this case there is a high possibility given that the stock also confirms it as resistance to move lower and testing remaining supports on validity. As you can watch marked in my chart the next important support is the middle-line of the channel in blue and the EMA structure consisting of the 800-EMA marked in black and the 100-EMA marked in green where the stock can bounce and confirm as support, this movement is crucial here because it needs to hold otherwise when the stock falls below this level the possibility for more downside increases seriously and should not be ignored as the stock can move on to confirm the huge possible bear-flag-formation marked in my chart but when this does not happen and the stock holds the level this can turn to the upside when bulls are strong enough which can invalidate the bearishness, reaction in range will decide the ongoing movement.
In this manner, thank you for watching the analysis, support for more market insight and all the best.
"The high destiny of the market is to differentiate rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
BERKSHIRE is at a critical top. Follow the breakout.Berkshire Hathaway / BRK.A is trading inside a Rising Wedge for nearly 1 year.
Since March 17th it is being supported by an Inside Rising Support, which is now even higher than the 1day MA50.
The price is at the top of the Rising Wedge, so it is likely to see a strong medium term correction.
However sell is confirmed only after the Inside Rising Support breaks, so in that case target Support B and the 1day MA200 at 483500.
If the price crosses above the Rising Wedge, buy instead and target Resistance A (and All Time High) at 544500.
Follow us, like the idea and leave a comment below!!
Charlie Munger's 10 Golden Nuggets!Charlie Munger, the esteemed Vice Chairman of Berkshire Hathaway, is known for his investment acumen and his indispensable role in building an investment empire alongside Warren Buffett. Munger attributes their phenomenal success to a set of fundamental ideas that guide their investment decisions. Below are the 10 key principles:
1. Consider Opportunity Costs - It is imperative to approach capital allocation with rigor and discipline. Munger advises to cautiously evaluate investment options and wait for an opportunity with great potential. When such an opportunity arises, allocate capital decisively.
2. Mitigate Financial Losses - Munger identifies common reasons for financial losses among investors, such as susceptibility to trends, excessive risk-taking without safeguards, complacency in the face of losses, and the erosion of purchasing power through inflation and interest rates. Addressing these issues is essential for capital preservation and growth.
3. Decisiveness in Execution - Being well-prepared to capitalize on an opportunity when it presents itself is crucial. Munger emphasizes the importance of quick and informed decision-making when a highly promising investment opportunity arises.
4. Focus on Key Priorities - In a world with endless investment options, Munger suggests narrowing one’s focus on investments with a proven track record, paying attention to relevant details, and having a well-thought-out investment plan.
5. Flexibility in Investment Strategy - The ability to adapt to changing market conditions is essential. Accepting new information, even if contrary to prior beliefs, and making necessary adjustments to one's investment strategy can be vital for success.
6. Exercise Patience - Munger stresses the importance of a long-term perspective in investment. It’s vital to develop and refine your investment strategy, and patiently wait for the results to materialize.
7. Cultivate Humility - It is important to recognize the limitations of one’s knowledge. Accepting that there are things you do not know can open avenues for learning and making better-informed investment decisions.
8. Commitment to Continuous Learning - Staying informed and constantly seeking to understand the underlying reasons behind market movements is crucial. Munger recommends reading extensively and engaging with diverse sources of information.
9. Risk Management - Munger suggests focusing on the value that an investment offers over its price, prioritizing wealth preservation over the sheer size of the portfolio, focusing on meaningful progress rather than constant activity, analyzing individual companies in-depth, and making projections based on fundamentals rather than past trends.
10. Maintain Independence in Thought and Action - Rather than following the crowd, Munger believes in the importance of independent thinking in investment decisions. This requires carving out a unique investment path that aligns with one’s principles and understanding of the market.
In summary, Charlie Munger’s insights serve as invaluable guidance for anyone looking to achieve long-term investment success. By diligently applying these principles, investors can make more informed decisions and build a sustainable investment portfolio.