Extracting Value: Value Investing Resource

Warren Buffet arguably the best investor ever, is still investing in this market so why shouldn’t you.  Sure his company recently had a bad, bad quarter with revenue down something like 75%.  But what does that mean in this market?  Everyone is seeing red ink all over the place.

If you’re like every other value investor out there you might not beleive all that you read in the balance sheets of some companies.  A company today with billions of dollars in asset might get most of those assets wiped away depending on what they are, real estate, inventory that becomes obsolete… And while the risk is always there for those assets to be worth considerably less, the chance that risk is realized has become increasingly higher.

So, for all you value investors out there looking for what the Oracle of Omaha is doing, look no further than their filings with the SEC. Recapped here, Reuters talks about what Berkshire increase and decreased in holdings, not eliminating any, but taking some shares off the table and quintupling others.

The Oracle, in contrast to things Jim Cramer has recently said, is hot on the stock market and believes this is where the best deals are. In a down market. Can you weather the storm with him?