Post #9070 by DTB on the Berkshire Hathaway board

When reading posts, there are yellow stars against the names of the most respected Shrewds. The number of points in the star, starting at 3, represents the Shrewd'm-Star rating. This number is the average recommendation that the author received over the last 12 months.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

Unthreaded | Threaded | Whole Thread (11)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

I was thinking with the market this high I might just move a good chunk into cash. Then I realized "oh wait, Warren is doing that for me". Cash is now listed as 28% of the market cap.

Good point, and it’s probably even higher now than it was June 30.

The other point it may be worth considering is that 84% in Berkshire is not necessarily too concentrated if it’s already way more than you will ever need, with a large portion earmarked for charity. You obviously want to maximize the expected value you give to charity, and investing in Berkshire makes sense with that objective, but if most of it is for a charity that doesn't depend on that money, you can tolerate a small risk of substantial loss much better than someone for whom a big loss would be personally devsstating.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (11)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.