No. of Recommendations: 1
" This may sound gimmicky, but I believe it’s strategic: STEW will I believe strategically sell small portions of BRK annually (it’s been doing this recently) to achieve 2 things: diversify modestly away from its 40% top BRK holding,"
Last year stew sold over 1/3 of its brkb holdings in the low 400s and half its wmt holdings. As it turns out both were terrible sales. Who knows how successfully they will reinvest the proceeds? Buffett handpicked T and T and they have proven, trading is hard! I sold 90 percent of my stew, still love adx and cet in my IRA. I'm OLD, RMDs are easy from the annual distributions. Best of luck with it.
