Here’s a thought if you’re late to the mega rally in U.S. stocks: Get Warren Buffett’s help. It’s easy – just buy some shares of his holding company, Berkshire Hathaway. Berkshire’s underlying business and investments represent the best thinking of Buffett and his team of managers.
Let’s be clear about something – Berkshire is no bargain right now. It has participated fully in the recent U.S. market rally, notching a gain of almost 20 per cent for the year to March 10 that compares to 21 per cent for the S&P 500. And yet, Berkshire could offer an opportunity for a latecomer to the U.S. rally that is worried about the risk of a downturn.