Subject: Re: Have about 2.5 years of cash left for expenses
' Thanks, Adrian. I did not know that Mr. Buffett said that a primary/major allocation in the vicinity of 90% in Berkshire (in lieu of the S&P 500) would be fine for a retiree.
This is good to know because like many others on this board, I have a major allocation to Berkshire and no allocation to the S&P 500, primarily because the latter seems so expensive.
By any chance, do you have a cite for it?'
Me too :-)
It was an interview he did with Todd and Ted. Maybe 10 years ago? I'll have the ref on my computer. Look it up tomorrow.