InvestmentMAGE's Blog : Why has Warren Buffett's Berkshire Hathaway underperformed the S&P for the past two quarters?

Gotterdmmerung: Twilight of the Oracles. Why has Warren Buffett's Berkshire Hathaway underperformed the S&P for the past two quarters? http://www.peopleandpicks.com/ticker/BRK.B http://stockcharts.com/h-sc/ui?s=BRK/B&;p=D&yr=0&mn=6&dy=0&id=p23655364002# Succession worries are the main concern. Does ANYONE have Buffetts knack for putting money to work? The Oracle of Omaha has said (jokingly) he plans to stay on the job until five years after his death. Warren Buffetts Exit Strategy. Warren Buffett recently said when I decide to buy a stock, I intend to hold the stock for life. I dont have an exit strategy. I fear (and apparently others do too) he doesnt have an exit strategy for his position either. Mr. Buffett who just turned 79, and has a knack of beating the averages, has already beat the life expectancy average of the American Male which is 75.65 years. When (not if) he takes ill or chooses to retire, we can expect a precipitous drop in the stock price of Berkshire Hathaway.* Why? Lets face it, he is a rock star of capitalism. The Berkshire annual meeting is considered to be the Woodstock of Capitalism WB does appear to have a huge cult following. Recommendation: Short, brk.a, brk.b Caveat: Warren Buffett may live forever. Good Trading, MAGE *Which, by the way, could be considered a buying opportunity.