No. of Recommendations: 17
>WEB did not have to sell Apple or BAC. He has something in mind
> 3. They see nothing particularly attractive right now, or more accurately no attractive prices for what they think the business is worth.
These two have kept me up at night - figuratively, at least - lately.
I can't put my finger on it, but BRK feels like it's behaving differently. I don't know if it is just that Buffett is a bit depressed after losing his close friend, which is entirely understandable. I don't know if they have decided to begin implementing a form of succession planning, for any number of reasons. I don't know if they sense a major shift in the markets and are quietly and rapidly preparing for it. And it could be any combination of these or none of them.
The rapid and substantial sale by Jain is another puzzle piece.
I'm a hobbyist investor and not as talented as a number of longtime posters (across TMF and Shrewdm) and have "only" been following BRK for 20 years. Others here have a better perspective than me and I trust their opinions more, but I am personally holding onto my BRK and positioning myself bearishly.
There is a school of thought that the human mind is wired for conspiracy theories - we take observations and prior knowledge and try to extrapolate into the future unconsciously and constantly. As a result we sometimes connect the dots when the dots have no relation. I try to consciously rein in this tendency with Occam's razor, but I've been having a hard time doing so here.
