When you step back and look at the big picture, Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) is an industrial conglomerate. It has investments in hundreds of companies, including those it owns outright and public companies in which it holds stock, like Coca-Cola (NYSE: KO) and American Express (NYSE: AXP). In fact, many on Wall Street watch the company’s investment decisions to glean ideas.
But when you dig into Berkshire Hathaway’s story, you’ll find that it is a financial stock. And that’s because the company is built on top of its insurance operations. Here’s why that’s so important.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue…
