Subject: Re: Berkshire's stock price
'So would you recommend I sell non-txable interest and park it somewhere with non-negligible returns for the next 1-2 years?'
Good question which I am contemplating as well. Never sold a share in 12 years but considering a trim around $385 as I have recently entered the draw down phase and am on board with Jim's 'annuitization' and trying to time a more 'fully valued' draw down trigger if one has a large BRK position.
I think we had a poll last year when BRK was $360 whether it's price would ever dip under $300 again- I got it dead wrong as Mr. Market had it dip 25% from its high I believe. That being said, it will be painful to sell any!