No. of Recommendations: 16
Anything and anyone is subject to attack by this wacko president, who wields more power than any other individual, often irresponsibly. This raises questions as to the susceptibility of our capital investments.
We have the bulk of our liquid holdings in Berkshire Hathaway (BRK) stock. As I see it, BRK is far less vulnerable than most other companies owing to its corporate integrity, diversity, popularity among influential investors, leadership, and cash flow; on top of its enormous cash stash, which is available for investments, buybacks and response to shifting circumstances. Together they afford substantial protection and boundless optionality.
Still, despite all those favorable properties, it boils down to a single corporate entity. That might argue for something like a maximum 50% allocation, with the other half split 40% into two to four other value-qualified enterprises, and the remaining 10% into cash and cash-equivalents sufficient to accommodate about 3-4 years of recent annual withdrawals.
Comments?
Tom
