Berkshire Annual Meeting Conclusion: Don’t Be Afraid To Trade The Opposite Of Warren Buffett

Article feature image

Photo by Eric Francis/Getty Images News via Getty Images
I am not going to make many friends with this effort. But, if you had entered contrarian trades off Warren Buffett’s go-to ideas, expressed at his Berkshire Hathaway (BRK.B) (BRK.A) annual meetings the last five years, you could have earned decent money the next year or two! Let’s review some history.
May 2020
The two main annual meeting takeaways reported in the financial press last year were the Berkshire efforts to raise cash to record…

Click here to view the original article.

S&P/ASX 200 
7,014.20  31.50  0.45%  
ALL ORDINARIES 
7,239.40  30.40  0.42%  
Dow Jones Industrial Average 
34,382.13  360.73  1.06%  
S&P 500 
4,173.85  61.35  1.49%  
NASDAQ Composite 
13,429.98  304.98  2.32%  
NYSE COMPOSITE (DJ) 
16,415.36  233.76  1.44%  
FTSE 100 
7,043.61  80.28  1.15%  
DAX PERFORMANCE-INDEX 
15,416.64  216.94  1.43%  
Nikkei 225 
28,084.47  636.47  2.32%  
HANG SENG INDEX 
28,027.57  308.87  1.11%