No. of Recommendations: 17
No realized loss over 1% of portfolio, something I sure wish I could say.
...
As long as he doesn't sell 1 share of oxy, he's pitching a near perfect game?
He could sell it all today and still keep the record.
Current estimates of Berkshire's average cost basis for OXY are in the $51-54 range. Dividends push breakeven down to around $49-52. Current market price is $42.65, but if for some reason they decided to realize that mark-to-market loss, it would be a loss around $1.6-2.4 billion, considerably less than 1% of the stock portfolio.
But of course there is no reason to sell at a loss. OXY's price moves around, but they do generally make a profit. I expect the dividends to stack up nicely over time.
Jim