Is Warren Buffett Losing His Touch?

247WallSt.com does some numbers on Berkshire (BRK.A) and despite the recent comeback Buffett was still being cautious. Now that the recovery is afoot, Buffett is finally getting more positive or at least much less negative.  For some reason it feels as though Buffett is starting to become a lagging indicator.  Rock on Warren.

Could the Oracle be Losing his Touch?
For a comparison, Berkshire Hathaway Inc. (NYSE: BRK-A) is up about 43% from the 52-week lows.  Its shares are up 11.5% from the June 30 close and are up 37% from the March 9 close that traders use as the official date of the end of the death spiral bear market.  For a comparison, the S&P 500 Index via the SPDRs (NYSE: SPY) is up over 19% from the June 30 close and up a whopping 63% since the March 9 close.  The DJIA via the DIAMONDS (NYSE: DIA) is up 20% since the June 30 close and up over 56% since the March 9 close.

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