Published on 11 Oct 2021 on Insider Monkey via Yahoo Finance
Black Bear Partners: “Berkshire (BRK-A) will Continue to Grind Higher and Compound Value for Us”
Black Bear Value Partners, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly portfolio net return of -3.7% was recorded by the fund for the third quarter of 2021, trailing the S&P 500 Index, and the HFRI Index that delivered a +0.8% and -0.3% return respectively for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.
Black Bear Value Partners, in its Q3 2021 investor letter, mentioned Berkshire Hathaway Inc. (NYSE: BRK-A) and discussed its stance on the firm. Berkshire Hathaway Inc. is an Omaha, Nebraska-based multinational conglomerate company with a $643.2 billion market capitalization. BRK-A delivered a 22.99% return since the beginning of the year, while its 12-month returns are up by 32.24%. The stock closed at $427,765.00 per share on October 8, 2021.
Here is what Black Bear Value Partners has to say about Berkshire Hathaway Inc. in its Q3 2021 investor letter: