Subject: Re: Itching for Market Correction
Uwharrie,

Trying to adjust my brain as I've recently entered the soon to draw down phase. Feels like the usual heads we win if BRK appreciates short-term and tails we are better off long-term with lower price and WEB vacuuming up shares at discount to IV. Was certainly more excited about corrections when I had steady professional income biweekly and continued cash build-up.

I'm currently sitting on 7% MM/cash of investable assets and it seems like BRK is 14% cash/cash eq. or so. I did add more CVX and OXY recently.