Subject: Re: Bank of America sales
“Buffett’s disclosure over the weekend of his biggest move out of stocks generally in his life—was a large factor among several others—in markets collapsing on Monday. Causing BAC to continue declining.”

Well, there are a dozen+ other factors contributing to the Mr. Market’s mood swings & manic behavior imo. Warren is fiercely loyal to BRK and his partners, much more than BAC or AAPL or BYD mgt or stock price squiggles. He/we obviously prefer his trades are not made public until absolutely necessary, but I know for damn sure for decades he represents my/our best interests as partners & not the investees or Mr. Market’s best interests.

He does with our money what he does with his own. I applaud him and his lieutenants for that sacred priority which is not as prevalent elsewhere in the corporate world.