u/InertiaOfThought

Bought a small amount of DPZ recently when it was going down, down now around 6% from when I bought it. I did this a while after Berkshire bought into Domino's and it's down around 30% the past year, so probably Berkshire's losses were greater, but looks like Berkshire bailed and sold all of what they had.

It looks like a solid longterm play given Domino's business model and I think Domino's would do better during an economic downturn or at least not as poorly as most stocks. PE is around 17 now. I will probably buy more.

Berkshire had around $300 million in Domino's, shares went down, then they sold. It seems they are concentrating in fewer stocks. Found it interesting as they could have accumulated more Domino's now at a much cheaper price, I sort of feel this is a good time to be greedy when others are fearful!

University of Michigan consumer sentiment hit lowest since 1952 recently, but people are still consuming at strong levels? Looks like consumer sentiment tanked during 2008 stock market downturn but not the dot.com bubble.

I would think this would negatively affect BRK price given the increased gas prices at the pump and inflation concerns. Maybe it has, BRK is down year to date at this point, creating a possible buying opportunity. Though other indicators such as job growth and even Berkshire's own profits look good for now.

It is hard to predict when a downturn might happen, I don't think BRK would fall as much as the S&P, maybe a lot less than the S&P if it overvalued and overweighted with AI stocks, though a full blown recession would also drop BRK I would think.

A lot of focus on Berkshire's cash pile and earnings, not a lot of focus on economic winds. Was watching an old interview of WB and he talked about Berkshire not having to borrow money as they had enough. I think good they have the cash, could be some opportunities, but also wondering how the stock itself might do.