For what its worth; not that I am giving any stock advice…. November 21, 2008Posted by shaferfinancial in Uncategorized.
Tags: Berkshire Hathaway, HCN, Warren Buffett
To point out how crazy this bear market is:
As regular readers know I own HCN a health care REIT. At current prices the dividend payout is an astounding 9%, with a PE ratio of 19. 150 straight dividend payout quarters with regularly increasing dividends. People turning down 9% dividends in their fear!!!!! Crazy stuff.
Berkshire Hathaway B is around $2660 a crazy low for a stock with it’s profits and cash flow. Its book value is now 1.5.
There are many other strong companies that are priced as cheap. But if you were ever thinking about buying BRKb’s now is the time IMHO. You might never get them anywhere near as low as this again.
As always do YOUR OWN RESEARCH before investing in any stock!
***Shaferfinancial does not have a license to sell stocks, therefore any advice from him should be considered for amusement only*****