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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝🐝 GOLD
SHREWD
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Number: of 21944 
Subject: Re: Why I sold my entire Berkshire stake
Date: 03/01/24 3:35 PM
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but rather looking for a good exit point to lower my concentration from 82% net worth

Also a perfectly valid reason.

I think I remember you saying something awhile back that you lowered your holdings down to 65%, and more recently, 45%?

Yes, true, but not 45% of portfolio. 45% of the Berkshire share count I considered "baseline" for a long time. A lot of the reduction was actually a while ago, the 2021/2022 rally, not on the current rally. And of course a share is worth more than it was then, so the dollar allocation isn't down as much.

In any case, my numbers probably aren't suited to being a guide to anything, including my own views...my moves are often based on other things going on in my life. I'm particularly cash heavy at the moment more due to a real estate sale than any perception of market opportunities. The pricing level of market opportunities is merely what's preventing me from reducing the cash allocation : )
I really hoped for a nice BRK price crash this quarter. 1.3 times book would be nice. Is that so much to ask? It can be brief!

Jim
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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