| Omicron fears relatively muted for Berkshire's stock ... so far It's just one day, and a shortened one at that. But so far, the Omicron sell-off isn't hitting Berkshire Hathaway's stock prices as much as the major stock indexes.
The identification in South Africa of a new COVID variant, designated Omicron by the World Health Organization, sent equities sharply lower today. (The NYSE finished trading at 1PM due to the Thanksgiving holiday weekend.)
The W.H.O is calling it a "variant of concern" because it has an unusually large number of mutations, potentially making it more dangerous.
But it says a lot more study is needed. And it criticized countries, including the United States, that immediately imposed travel restrictions on travel from southern Africa. Major vaccine makers say they can move quickly if needed, and are already testing the new variant.  Even so, the Dow Jones Industrial Average fell 905 points. Its 2.5% drop is the biggest of the year so far.
The NASDAQ was down 2.2% and the benchmark S&P 500 lost 2.3%.
Berkshire's Class A shares, however, fell 1.3% in the regular session. You only have to go back to late September to find a bigger drop.
And the more widely-held Class B shares declined by 1.5%, also the largest percentage fall since September 30.
BUFFETT AROUND THE INTERNET Some links may require a subscription
BERKSHIRE STOCK WATCH
  BERKSHIRE'S TOP U.S. STOCK HOLDINGS - Nov 26, 2021
 Berkshire's top holdings of disclosed publicly-traded U.S. stocks by market value, based on today's closing prices.
Holdings are as of September 30, 2021 as reported in Berkshire Hathaway's 13F filing on November 15, 2021, except for Apple, Bank of America, and U.S. Bancorp, which also include shares held as of September 30, 2021 as disclosed in New England Asset Management's 13F filing on August 16, 2021.
In addition to U.S. stocks, shares held as of December 31, 2020 of China's BYD, as listed in Buffett's 2020 letter to shareholders, are included. The price of those shares in U.S. trading is used to approximate the current market value of the position. The value of the stake as a percentage of the company's market value is fixed at what was listed as of December 31, 2020 in the letter.
The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker.
QUESTIONS OR COMMENTS
Please send any questions or comments about the newsletter to me at alex.crippen@nbcuni.com. (Sorry, but we don't forward questions or comments to Buffett himself.)
If you aren't already subscribed to this newsletter, you can sign up here.
-- Alex Crippen, Editor, Warren Buffett Watch
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Langganan:
Posting Komentar (Atom)
EmoticonEmoticon