Subject: Re: Brk news
Thanks a lot and appreciate the time. Still reading through it and will play with it on the weekend.

In the archived post in 2021 you mentioned "so long as brk keeps rising at say inflation +6pct then you can cash out that amount on average". I assume that leads to retaining the nominal usd 1m and so to maintain its purchasing power you can only take out the 6pct over and above inflation?

If you were to look at something similar for the S&P 500 or a KMX or DG, could you assume taking out the earnings yield (apparently 3.98pct today for the S&P) each year would protect your portfolio from depletion? Or is this stupid given earnings are not paid out in full or necessarily retained to build value?