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Strategies & Market Trends : Buffettology

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To: Paul Senior who wrote (4645)	12/21/2019 7:06:48 PM
From: Riskmgmt	Read Replies (1) of 4690

Hi S. Paul, Thank you for your thoughts and reasons, you make a lot of sense as usual. I am appreciative of the fact we all have different goals for our investments and you are very open and straight about yours-(I'm a geezer after all -g-), made me laugh. I expect there are plenty of geezers on the thread but not many who’d admit to it.-g-. Anyway, Buffett did say that with the new accounting procedure it will make valuing the company much more difficult and let’s face it it’s never been easy! Funny that your number 3. Reason “ What the heck am I doing holding on to this stock? I should be elsewhere. And that's what I settled on and what I'm doing with the proceeds of my sales.” resonated with me because it’s the exact reason I sold Apple. It seemed stuck for a while and I watched other stocks moving so I decided I’d sell and put the funds somewhere better. I started selling above $200 and the last at $225 only to watch it continue to march on higher to $280. Ouch! Not saying that will happen with BRK but it wouldn’t surprise me if it did. Anyway, thank you for sharing and good luck.

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