Is Berkshire Hathaway a Buy While It's Down?

The stock market has rebounded nicely. After plunging by about 40% from its record highs in March as the COVID-19 pandemic worsened, the S&P 500 is now about 5% shy of where it started the year.

One surprising underperformer is Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), which historically has done rather well in turbulent markets. In fact, the S&P 500 has had 11 negative years since Warren Buffett took control of the company in 1964 and Berkshire outperformed the market in all but two of them.

With that in mind, here's a look at how Berkshire has performed so far in 2020, the reasons behind the relatively poor performance, and if it might be a good idea to buy the stock while it's down.

Source Fool.com