Subject: Random contrarian takes
Years ago when Buffett used to be on CNBC more regularly (around the annual meeting and annual report) he would often say 'we don't want to go over 10%...when we sell we are trying to stay below that threshold for companies who actively repurchase'- The airlines were aggressive repurchasers at that time. I remember when Buffett went over 10% in Delta, because he liked that the CEO thought the stock was cheap and borrowed money to repurchase. He went over 10% and admitted later that it was a mistake to go over. To me this is/was weird at the time, because, hey, he's Warren Buffett, to make a mistake like that seemed strange, when he was on record before that saying he prefers not to go over 10%.

We have had various quick buys and sells recently. TSM/MKL/HPQ/PARA- I don't know if all of these were his.

The TSM one was strange- his reasoning was because of the geopolitics which was well known before he bought.

Is it possible that Buffet may be showing a bit of age here, maybe a little impulsive, are there safeguards in place at headquarters to stop him in his tracks should he want to buy something.

Todd: "hey Warren, why did you buy MKL?, It's really kind of small and can't move the needle...CB is much better and can get more money into it"
Warren: "good idea, I'll sell it and go into CB"

I wonder how hard it is to shut him down while he is alive, but making mistakes...