Better Buy: Berkshire Hathaway vs. JPMorgan Chase
Warren Buffett is taking a lot of flack lately. Over the past decade, shares of his Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) have been trashed by the S&P 500. Of course, Buffett has told us that it shouldn't come as a surprise for Berkshire, which has become a massive collection of cash-cow businesses, to underperform the market during bull runs.
Now that we are in a down year, and with the risks of a protracted recession ahead is Berkshire Worth buying? Or would investors be better off to buy JPMorgan Chase (NYSE: JPM), one of Berkshire's biggest stock holdings and the biggest bank in the U.S.? Let's take a closer look and see which comes out ahead.
Source Fool.com