Run For the Hills, Berkshire Downgraded:-)

[Guest valueInv]

Berkshire has been downgraded to a sell:

 

http://www.businessweek.com/news/2010-07-09/berkshire-double-whammy-may-cost-firm-800-million-update1-.html.

 

I love the reasoning;)

 

[wiessman]

No kidding as to the reasoning.  And the people who write this crap actually get paid?

[SmallCap]

I am guessing I can find this information in the 10K but do any of you have a link to the details of those derivatives like when they expire and at what index levels they start to kick in?

 

[Myth465]

Here is an interview with the guy. I think he is about a year or 2 late based on his rationales.

 

http://www.gurufocus.com/news.php?id=99364

[DCG]

So they had a Buy on the stock when it was over $150K a couple years ago, but now say to sell it. Analysts are such idiots.

[Guest longinvestor]

So they had a Buy on the stock when it was over $150K a couple years ago, but now say to sell it. Analysts are such idiots.

Actually I would like to buy BRK at about $100k, which I missed a few weeks ago.

 

Analysts do have some useful existence, to make money for me. I'd say bring them on!

[bookie71]

Over the years, Business Week has been a great contrarian indicator.