Subject: Re: Berkshire Safe Withdrawl Rate
“The specific proposal was to value Berkshire shares regularly, smooth that with a four year average,
and sell only the amount that leaves the value of your portfolio (using that smoothed valuation number) unchanged.”

Many Thanks sherwoodsri & Jim! Berkshire continues to be the majority of our investment assets, so we use and reflect upon Jim’s data and commentary often. We continue to undersell, by need and nature, at present, but Jim’s framework & idea is reassuring and keeps it simple!