Who wants to guess when it pops and how low it goes?
I've been converting mutual funds into cash for when the market drops. No one can predict when it will, but I want to buy Berkshire Hathaway (B shares) when it does. Unfortunately, I've been watching it since it crossed $120 3 years ago. It just seems to keep going up.
I bought 6 shares Berkshire Hathaway in 1966 for $21 a share and sold it 6 months later at $29 - today, these shares (A shares) sell for $250,000/share. If hindsight was easy, I'd be happier!
