No. of Recommendations: 14
Sighing & holding for now, but for the last 3 years or so I’ve thought about selling my MKL for more BRK. Keep an eye on this graph, the
ratio of the two stock prices.
https://stockcharts.com/h-sc/ui?s=MKL%3ABRK%2FB&p=...If you're going to make the switch, try to do it on a day that the line is relatively high or at least below trend, not relatively low. i.e., not today!
This view cancels out the background movement of the prices and broad market dips, concentrating only on the relative movement of the two.
If you're thinking of moving money from one stock to another, it doesn't really matter if they're both expensive or both cheap...you just want a good ratio.
Though I guess in a taxable account it's slightly better if they're both cheap, but BRK is cheaper.
Jim