Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (44) |
Author: sutton ✭  😊 😞
Number: of 22353 
Subject: Re: Hold the damn stock
Date: 02/24/25 2:13 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 8
As I've mentioned here before, my first substantial BRK purchase was an A share for $60K (+/- a couple of percent) during spring break 2000. (Next time I'm really bored, I can head for the basement and find the binder with the exact price and date.) (And commission!). I continued to steadily add to the position x many years.

Since retirement, I now sell 1.125% of my BRK every quarter to fund most of our living expenses, at least until I start collecting SS at age 70. While those quarterly sales are ostensibly Jan 1, Apr 1, July 1, and October 1, I have been known to jump the gun by up to a few months when the price has had one of these occasional sudden increases.

---------------

In other news: Many years ago when I started in practice as an oncologist, I tended to start the occasional reply to a patient/family member/nurse's question with, "Well, I don't have a crystal ball, but..."

Presumably I used that line too habitually, as after a few years of this my staff got together and bough me a substantial (3-4 lbs?) clear glass spherical paperweight for my birthday. It sat on my desk for the next 25 years or so (and I won't say that I never consulted it) (1)

Anyhow, DS2 recently went into practice in a closely related specialty, so for his last birthday I gave him my crystal ball with a note to the effect that I hoped it will serve him as well as it served me.

----------------

So, absent my crystal ball, I jumped the gun and sold the March 31 tranche last week at $482.

I may have to ask him to consult the orb and see if I should sell the June 30 tranche now, while the getting is good.

For the moment, I guess I'm stuck asking you guys?

-- sutton

(1) (for one thing, the Oncologists' Union forbids the use of the words "never" and "always")
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to sutton here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (44) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community