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Non-Tech : Berkshire Hathaway Class B
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To: DepyDog who wrote (585)2/23/1999 11:01:00 AM
From: Dale Baker   of 1652
 
Selling to re-buy lower is always a risk, since BRKB seems to have stabilized here. Look at it like insurance; if you want to take more risk, you may have to pay more later if BRKB goes up instead of down as you expect.

I think it's looking very solid here and wouldn't sell myself. But I did sell and re-buy Internuts CMGI (sold at 115 and re-bought at 100) and RNWK (sold at 65 and re-bought at 60) not long ago. That's because I know they will trade erratically.
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