No. of Recommendations: 4
Hi HC ,
i am a hold till I really need to cash in, though hopefully far in the future with some left over for nieces and nephews.
the trading pattern I see is its become even more of a hedge against volatility than previously. someone recently posted it trades inversely to Mag 7and techbro stocks. I was glad to read that as I had detected the same pattern .... As you may remember I also invest in tech stocks (my circle of competence) but move "winnings" to BRK regularly on the basis of "fortress BRK/Last man standing". so it still has a great position in my PF for the long term. Each of us , and other's on here have their own BRK strategy, thats mine and for over 20 years its worked pretty well...not Fort Knox but then , next best thing long term.
I agree its not the same as 20 years ago, or longer... but it might become that... the tech stocks Greg is investing in may be the new AMEX, KRAFT, GE etc etc etc over the next 20 years, thats my thesis. If I am right, my nieces and nephews will do well...tho I do aim to spend it down somewhat while I can still enjoy life :-) as the french would say "c'est la longue duree qui compte"
cheers 20 + years..best to you,
Hbird.