No. of Recommendations: 2
didnt inherit anything,but here is my allocation ,
60 % property (all non revenue generating , mix of homes and land) 1/3 in europe.
45% brk
5% cash and ibonds and stocks (semiconductors /oil and gas.)
so my liquid assets are very overweight in brk. every so often, I juice my BRK with gains in semicons etc , its cyclical so one has to wait a while, but over the years its purchased e my BRK )
my Brk is my retirement. been building it since around year 2000
my property is my lifestyle wants.
i hedge currency by having property abroad as part of this , in EURO.
my finacial advisors have all been shocked over the years at my allocations, but every time I take one on, they lose me money , and charge me for the pleasure , so last 10 years I just did it myself.
superficially it looks like a carzy portfolio, and I am aware it is pretty exposed, but it has worked very well for me.my hedging in euros (previously pounds sterling, was my possible " go home money"
GLTA ,