No. of Recommendations: 6
WB: "I think its usually a bad mistake to sell your interest in wonderful businesses....if you are in a business that you understand and you think it's a really outstanding business, the presumption should be that you just hold it and don't worry...and if it goes down 25% or 30% in price, if you have more money available, buy more"
From Buffett & Munger Unscripted (great book by the way)
To me, Berkshire Hathaway is just that, a wonderful business, and yes, I have sold some here and there, to reduce my weighting because I was uncomfortable with how large it had grown.