Subject: Re: Is BRK going to buy Chubb?
But why would Buffett needs to sell BAC/Apple to raise money before even knowing Chubb is willing to sell..

Yeah. My theory is simpler. It’s the “Coke” theory: “I should have sold when Coca Cola was so high.” Both BAC and Apple are “so high”. Maybe wonderful businesses, but that doesn’t mean you should hold them through extended periods when the business fundamentals need to catch up to the stock price. Cash is not a terrible place to be, short-to-medium term.