Post #9080 by jetjockey787 on the Berkshire Hathaway board

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I luv it! De-risking away from equities that might be exposed to banking industry meltdown and other financial contagion. Drawdowns are coming in the next couple years and we’re overdue. Maybe I won’t sell the BRK after all, cuz Newfydog made a good point about BRK being a partial cash proxy with optionality, with a coiled spring loaded for bear!

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