Horacio Marquez Says Buffett’s Berkshire Is a Bargain
Aug 25th, 2008 | By Horacio Marquez | Category: Featured, Financial News, Stock Market InvestingSince March, shares in Warren Buffett’s investment vehicle, Berkshire Hathaway (NYSE:BRK.A, BRK.B), have plunged 23%.
The Class A shares closed Friday at $116,650 each, down from their 52-week high of $151,650 (the Class B shares represent 1/30th of the Class A shares).
However, Money Morning’s Horacio Marquez says Berkshire’s share price is merely a reflection of the slowdown in the US economy. And with shares now at bargain prices, it’s a perfect opportunity to take a stake in one of the best investment portfolios on the planet…