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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: Blackswanny   😊 😞
Number: of 15067 
Subject: Re: 100k to 1m in 10 years?
Date: 11/14/2023 2:15 AM
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I also don't think buy and hold forever applies anymore (to most). I'm considering mini runways of 5 to 10 years. Unlike Munger if the valuation is stratospheric I probably would sell and recycle into others, I'd have valuation wiggle room so is hopefully only miss out on the last 10% for example before share prices prices plateau or have peaked. I work this out on the basis of projected forward returns, when they start to fall below 10% I start looking elsewhere.
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