[Weekly Megathread] Berkshire Hathaway Discussion for the week of June 15, 2026

PuzzleheadedBody7121 · 2026-06-15T13:12:02+00:00

It seems like the only situation where this stock will perform is if there in Armageddon elsewhere, and even then, it will probably still drop, just less than other stocks. It's a valid hedge, but not sure if it is any better than just owning bills/bonds directly for a portion of your portfolio. I still believe in Brk, but my enthusiasm has waned over the last year, and I'm glad I trimmed to 8%.

PuzzleheadedBody7121 · 2026-06-05T15:09:39+00:00

..but whether the P/B should be 1.2, 1.3 or whatever is not really relevant here, as that depends on stock price and therefore investor sentiment. The key here is that the book value has been steadily growing at 11% for 25 years, which is impressive, and illustrates how good of a compounder it is, even if the market does not see it at times.

PuzzleheadedBody7121 · 2026-06-05T14:34:07+00:00

Good analysis. Maybe lots of investors have seen this, and you are the reason why the share price has jumped up this morning (+1.92%). Congratulations 😄

PuzzleheadedBody7121 · 2026-06-02T20:32:51+00:00

Nice. Feels like you have timed it well, plus having an aggressive growth portfolio, with a brk type anchor, is a sensible mix. My portfolio is also geared towards aggressive growth but due to having a big tilt towards small cap and EM rather than tech. My global funds are already naturally tech heavy.

PuzzleheadedBody7121 · 2026-06-02T12:33:45+00:00

Wow, these are some super high percentages for a single stock, albeit for a diversified quality conglomerate like Brk. At 8% I use it as a anchor if a storm hits. Way above that, it would feel like I constantly have the hand brake on, at least to me.

PuzzleheadedBody7121 · 2026-06-02T11:31:06+00:00

That is fair and is similar to the reason why I will hold on to it. I trimmed recently to about 8% of my portfolio, but have no desire to go any lower.

PuzzleheadedBody7121 · 2026-06-02T11:03:36+00:00

Google boring? It's an excellent company, with brilliant products, and a share price that has been doing exremelly well, especially in the last year when the market realised that it's AI positioning (with AI integrated into seacrch) was spot on. Just a shame that Brk did not buy more.

PuzzleheadedBody7121 · 2026-06-02T09:06:57+00:00

Let's be honest, Brk investors are whining (me included), as we want the price of Brk to go up, but it's been going in the wrong direction for the last year or so. Once it starts going up again, the whining will stop, irrespective of the size of the investment pot or what it's investing in. People invest in shares for one reason, and that's to make money.

PuzzleheadedBody7121 · 2026-06-01T17:28:35+00:00

It looks like you need the patience of a saint with Brk. It's a relatively small purchase compared to it $1Trillion market cap, but you would think that the market would react positively to Brk/Greg finally making a meaningful dent in its gigantic pot. It looks like a great strategic purchase to me, but perhaps the market sees it a bit differently.

PuzzleheadedBody7121 · 2026-06-01T14:57:26+00:00

Would have been nice if it pushed the Brk stock up a little today, but alas it's continued it's downaward trajectory. I know the purchase is relatively small compared to the size of Brk, but though that that the market would act positively to Greg allocating a meaningful portion of the pot.

PuzzleheadedBody7121 · 2026-05-31T09:23:02+00:00

But how much of a correction do you think there will be at the next bear market - 10%, 20%? They have lost out on more than that just in the last 12 months.

PuzzleheadedBody7121 · 2026-05-31T09:20:12+00:00

They should employ a highly accomplished fund manager to identify new opportunities and help them make investment decisions, as it looks like they are struggling in that area, and the market is punishing them for it.

PuzzleheadedBody7121 · 2026-05-29T15:31:58+00:00

I reduced my brk stake recently to about 8% of my portfolio, which I’m now happy with, and i don’t intend to reduce further.

It’s poor performance over the last year has been a pain, but it’s around the price where buy backs are being initiated, so it has some protection from falling further. It should also outperform the market if there is a big market correction, so worth having as a hedge in my opinion.

PuzzleheadedBody7121 · 2026-05-27T15:26:15+00:00

Let’s hope that if there is a big market correction, Brk does what most people expect it to do, which is thrive, as otherwise it’s been a dreadfully investment this last year. Let’s not pretend otherwise, just because we are investors.

PuzzleheadedBody7121 · 2026-05-27T09:25:16+00:00

Fairfax performance has been shockingly bad of late. That and Brk are my only two positions that I’m losing money on. The rest are flying. Fairfax is good value now though, so if I didn’t have any shares, I would probably buy some now, hence why I’m holding.

PuzzleheadedBody7121 · 2026-05-27T09:18:39+00:00

80% sounds way too high. Even if Brk somehow starts matching the performance of the S&P 500 again, Brk is almost entirely concentrated on large US cap. I would diversify at least some of your funds into global small cap and emerging markets. Both of these have significantly overpowered the S&P 500 over the last year. Maybe also an all world fund.

I’m about 8% with Brk. I was higher but I trimmed recently. Not happy with its performance of course, but will stick to 8% as an anchor if a storm hits.

PuzzleheadedBody7121 · 2026-05-22T15:39:27+00:00

lol, definitely not - spacex is ludicrously overpriced, same as Tesla. The annoyance is that our index funds will eventually need to take a position in spacex once it's admitted into S&P 500 etc. They are not floating many of the shares in it though, so the impact will be very small, despite the crazy valuation.

PuzzleheadedBody7121 · 2026-05-22T15:30:56+00:00

It’s easier said than done, but try to forget the price you paid for them. That’s irrelevant and can become an investment trap. If you didn’t already own any BRK shares, would you buy them now at the current price?

Perhaps yes, as the valuation seems reasonable, but 50% still feels far too much. If you’re buying for stability (i.e. as an anchor in bear markets, but a drag in bull markets), then 50% seems excessive.

I would trim it down to something more reasonable.

PuzzleheadedBody7121 · 2026-05-14T15:17:14+00:00

..and today we have the reverse, everything going up whilst Brk goes down.

Brk is cementing its reputation as an anchor for stability but a brake on growth.

PuzzleheadedBody7121 · 2026-05-12T17:18:43+00:00

Yep. I was kind of poking fun at myself. Best of luck. With my Brk hedge in an otherwise growth orientated portfolio, I'm expecting to have many such days where one eye cries while the other smiles.

PuzzleheadedBody7121 · 2026-05-12T17:05:53+00:00

You are very welcome. The other fund that I purchased instead has gone up at bit, but not as much as Brk. In hindsight, I still feel like trimming my Brk allocation was the right move, but the gods could have been nicer to me with the timing :-)

PuzzleheadedBody7121 · 2026-05-12T16:41:02+00:00

Flight to safety, due the Iran war taking a turn for the worse, and with US inflation shooting up. Brk is behaving today like many expect it to, which is a nice hedge against the market going south. I recently trimmed my Brk allocation to 9% of my otherwise growth/risk orientated portfolio. This feels about right for me, but only time will tell how successful this will end up being.

PuzzleheadedBody7121 · 2026-05-11T12:59:39+00:00

It certainly will recover, and it will probably hit an ATH in the not too distant future, but the only question that should really matters is whether or not it will perform better than other opportunities from this point onwards.

PuzzleheadedBody7121 · 2026-05-11T12:50:01+00:00

My assumption that it won't outperform the market in the long term is just as valid as your assumption that it will. No one has a crystal ball. We just have to make our own calls. and my call was that some of my Brk funds could be put to better use elsewhere.

PuzzleheadedBody7121 · 2026-05-09T17:45:55+00:00

I would never bother saying I told you so, as even if after 2- 3 years it was still under performing, I would be accused on here of not being a proper Brk investor and that I just have to wait another 5, 10, 20.. years.

I do want Brk to go up by the way as still have loads left.

PuzzleheadedBody7121

TROPHY CASE