This week: late-cycle resets, speculative mood, sentiment and positioning, buy the dip, small caps, Fed rate cuts vs stocks, Space X, IPO market trends...
Ratio BRK.B vs SPY: I have found somewhere a comparison between "Berkshire Hathaway" (BRK.B) and the "SP500" (SPY). It seems that for some kind of SP500 drawdowns, BRK.B could be a good hedge...at least for some time. Example: at the ATH of the Dot.com bubble (SP500), the BRK.B price hit an ATL. But BRK.B started to recover, when the Dot.com bubble began to burst.This comparison adding to yor chart 1 (SPX 1998 vs today). Would be grateful for your comments. Many thanks. Link - TradingView chart = https://www.tradingview.com/x/XmpW8SPi/
Thanks, maybe, but I am not sure of the economic logic to it. I like defensives because there is a clear economic logic e.g. consumer staples just boringly plod along no matter boom or bust, so you trust them to just keep on plodding along during a recession while the other stocks see cyclical ad spend, capex, discretionary sales tank
Ratio BRK.B vs SPY: I have found somewhere a comparison between "Berkshire Hathaway" (BRK.B) and the "SP500" (SPY). It seems that for some kind of SP500 drawdowns, BRK.B could be a good hedge...at least for some time. Example: at the ATH of the Dot.com bubble (SP500), the BRK.B price hit an ATL. But BRK.B started to recover, when the Dot.com bubble began to burst.This comparison adding to yor chart 1 (SPX 1998 vs today). Would be grateful for your comments. Many thanks. Link - TradingView chart = https://www.tradingview.com/x/XmpW8SPi/
Thanks, maybe, but I am not sure of the economic logic to it. I like defensives because there is a clear economic logic e.g. consumer staples just boringly plod along no matter boom or bust, so you trust them to just keep on plodding along during a recession while the other stocks see cyclical ad spend, capex, discretionary sales tank
And the price charts confirm that logic..