Berkshire Hathaway is an American multinational company owned by renowned investor Warren Buffett.
The company has over $900 billion in assets and Warren Buffett’s is often sought after for his stock buying advice.
So, in these uncertain times, does it make sense to buy into Berkshire Hathaway stock and benefit from Buffett’s trading style?
Buffett has owned Coca-cola stock and American Express for many years, both of which would typically still be expected to perform well in a recession.
The seasonals for Berkshire Hathaway are fairly reasonable around this time of the year too, so this could offer a good time to buy into Berkshire stock. Over the last 26 years the stock has risen 20 times between January 13 and March 09 with an average return of 2.83%. The largest fall was in 2009 with a significant -27% loss during the Global Financial Crisis.
Major Trade Risks:
The major trade risk here is that bad news impacts some of Buffett’s stocks or that the US economy has a hard landing putting pressure on the stock market as a whole.
Don’t just trade it, but Seasonax it