Subject: Re: RW, Just Hold the Gdamn stock,
Public delf-flagellation is good for the soul! RW's seems genuine though, not like Buffett's and Munger's half-hearted self-criticisms.

I don't understand why he has no appetite to invest in index funds, if he thinks Berkshire is great because it is a mini index. That is inconsistent.

Other than that, he hit the nail on the head. You can sell an slightly overvalued stock, but what next?