Right.
I am moving in that direction too, although so far unsuccessfully. Well, maybe partially successfully.
24% of portfolio in BRK/FFH/MKL, 11% in Malone, another 16% in other owner operators (hopefully forever holds), so about 56% in forever holds. Also have some money managed by someone else. Oil cos and various crap are still keeping me in the market (and losing so far).
BTW, no offense to people here, but this board gives a very sheltered impression of the value investor universe. While I was posting/reading here, I thought I was "good". When I went to CoBF... whoa. There are people there who are leagues in front of anything I've done in terms of valuation, understanding businesses, etc. Well, Paul Senior will say that this doesn't matter. Perhaps he's right. But overall, with all respect to SI, if you want to make it, go to CoBF and don't look back. Well, actually come back to support this board out of kindness. It would be nice to have it continue. |
