I'm at 50% Berkshire, 50% indexes (SPY mostly and some RSP)

The hard truth is that since 2002-ish, Berkshire is basically in-line with the SPX on a total return basis, obviously in a taxable account you've saved taxes on the dividends along the way. While I understand and feel VERY comfortable owning Berkshire in such a large quantity, likely going forward 20 years performance will be in line the the index.

What I have been doing for almost a year is selling off 3.2% annualized (.8%) each quarter within IRA accounts, and taking the proceeds and adding to SPY or RSP whichever has done the worst recently. Even doing this very modest amount of selling likely won't reduce the position.

As much as I understand how Berkshire operates now and trust management, I think when Buffett is no longer with us there will be some trying moments when the inevitable stumble happens to Abel and the new management team. This is why I am selling off the amount that I am. I know my psychology.

Berkshire Hathaway FAQ

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