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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Web436   😊 😞
Number: of 15058 
Subject: Re: Why I sold my entire Berkshire stake
Date: 03/01/2024 3:18 PM
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"Though I have certainly expressed opinions about valuation levels being high higher than usual, I haven't actually SOLD any shares or deep the money calls lately, except for the one "bonus" trade I entered at the end of October last year."

I thought you sold some shares in pre market on Monday?

Anyway,

I sold about 1/2 of my IRA holdings yesterday and bought 6 month T bills. I also have quite a few covered calls. However, BRK is still a huge position for me and I have not sold any in taxable accounts. Main reason being tax issues and I do not think current valuation is terribly high but it certainly isn't cheap.

Bottom line - I expect 10-20 year returns from here to be better than current short term treasury yields.
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