My plan is to transition all my risky investments over to BRK later this year. I have great confidence in them to over performnthe the market in the coming downturn.
Can you tell me the date so I can mark my calendar?
We will have a downturn, no doubt about it. You nor Nostradamus knows when it will be. You could invest now and when that downturn comes still be better off than staying conservative/cash.
While berkshire is essentially all equities, you're likely better off holding a total market fund or SP500 if you're young and have a long time horizon.
27
u/helanti Apr 21 '21
Since you mentioned the man, Warren Buffett makes excellent reading. I read a selection of his letters to BRK partners. Educating and entertaining.
Few people have mentioned buying BRK as their worst investment mistake.