February 25, 2013 Comments

A graph of today’s markets shows that they started out strong, but reversed to losses by mid-day and then fell heavily at the end of the day.

Apparently part of the reason was election results in Italy.

As an investor I pay little attention to things like elections in Italy. I figure if I own stocks at reasonable prices I will do okay long term. The shore-term is anyone’s guess.

With the market down today, I decided to add to my position in Berkshire Hathaway. I should have been buying it before Christmas…

I’m tempted to add to my positions in Wells Fargo and Bank of America but I may not given I already have a relatively large allocation to each of these.