Subject: Re: wife and I are 83 no kids-no need for any money to
Looking simply at 30 year charts of BRK and S&P I am not sure how "super-safe" BRK is. After the Dotcom bubble both fell roughly 40%, in the great financial crisis both 50%. In the latter both needed 5 years to recover. Only after the Dotcom bubble BRK recovered much faster while the S&P needed full 7 years - - - which at that age is not exactly pleasant to watch. So personally as bigshan I also would put only the minority into the index or whatever presumed super-safe stock.

Actually to be on the safe side and to be completely risk-averse (why not, if one doesn't need good returns anymore) I'd think about putting a part in completely different "hard" asset classes (real estate, timber ....) and/or other parts of the world.