The Motley Fool Discussion Boards

Previous Page

Stocks B / Berkshire Hathaway


Subject:  Re: Mr. Market & The Floor Date:  12/12/2012  4:48 PM
Author:  mungofitch Number:  196864 of 236363

His buy decision appears to be based on the perception of the increased floor alone.

Remember that he's a fund manager.
His goals include asset retention, not just optimally high and safe returns.
Unlike us, the career risk of a falling price in the next year is a big deal to someone in his shoes.
In that context the higher floor today makes it a safer pick for a large allocation...for him, not his clients.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us