Avoid the Fiscal Cliff with Berkshire Hathaway

T2 Minigun

The arguing continues and the deadline is approaching.  Mastery reaches for the ultimate weapon.

Unless you are part of the 1% or 2% of America that can afford to pony up $130K for single share of Berkshire Hathaway (BRK.A), your next choice would be the affordable Berkshire Hathaway "B shares".  We recommend picking up some Berkshire Hathaway Class B (BRK.B) shares for $87.16 a pop.


Obama and friends want taxes to go up for 2% of America, folks making over $250,000.  To be honest, $250K for a professional married couple doesn't sound "rich" to me if you live in San Francisco, New York, Chicago, Seattle, etc.  That's where most of the "rich" folks live that Obama wants to tax. Regardless of where you stand on the debate, its not up to us.  mr. burns fiscal cliffIt's up to our stupid lawmakers who continue to blame each other while it puts us at certain doom to fall off the cliff.  Mastery is more concerned about the rating agencies that could downgrade the U.S. (as they did over last year's 'Debt Ceiling') if we fail to act or don't act soon enough.  Who's to say the rating agencies don't downgrade the U.S. on their asinine politics even if we do avoid the 'Fiscal Cliff'? 
If you are inclined to keep your money in equities while we wait for the outcome of the impending 'Fiscal Cliff' drama a great place to keep it is in Berkshire Hathaway Class B (BRK.B). Warren Buffett has the right people running Berkshire these days and if there is any company that can out trade the 'Fiscal Cliff' it's them.  In the past 12 months Berkshire B has increased 12.5% and YTD its up 15%.  Berkshire seems to always be just above the major averages and during the past 3 years its stocks is up 34%. 
Will the rating agencies kill stocks with a U.S. downgrade?  Will Democrats and Republicans please the market with their solution to the 'Fiscal Cliff'? None of us know what will happen and it requires a leap of faith to keep your money in stocks at the moment.  To sleep easier at night, Mastery is going with Berkshire Hathaway.

Berkshire Hathaway Class B (BRK.B) shares have traded between $73.73 and $90.93 over the past 12 months.  BRK.B shares are now trading with a P/E Ratio of 16.3 and are trading at $87.16.  Berkshire Hathaway (BRK.B) is now -4.33% below its 52-week high. 

MASTERY Bottom Line (Flying Kick Style)

MASTERY Bottom line:

Nobody knows how the market will react in the coming weeks. Forget the guessing game and go with the best money managers in the world. Go with Berkshire.