No. of Recommendations: 5
Was a good article. I first started buying Berkshire in late 2012, and have built it and it has grown to a very large position. I don’t look back at this time period thinking it was hard to hold. I feel I understand the business fairly well, but if I’m honest, having Buffett and Munger at the helm is a fall back and has helped me hold on through any mistakes, or difficulties.
When the repurchases kicked in, that reinforced my position, and I bought more shares along with the company.
I hope to stay the course, and likely will on my taxable shares, but the shares I own in IRAs will likely be the first to go if I lose conviction under the next regime.
