Maintain Proper Temperament Consequently, In March 2000, the - TopicsExpress



          

Maintain Proper Temperament Consequently, In March 2000, the price of Bershire Hathaway A shares fell by 50 percent to $40,000 a share from a previous high of $84,000 a share. Although the underlying business was still solid and its future secure, nervous shareholders dumped their Bershire Hathaway shares. They were acting on emotion as a storm was battering Berkshire Hathaway, and they jumped off the ship instead of tethering themselves to it more tightly. If investors had heeded this advice and purchased Berkshire when its stock price dropped by 50 percent, they would have been richly rewarded when the stock price rebounded in 2004, sky rocketing to $97,000 a share
Posted on: Tue, 20 May 2014 00:41:33 +0000

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