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73 Reds

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  1. Inaugural post, after guiltily monitoring this board for quite some time. There are truly some amazing posters here who generously share their time and ideas. And of course, thanks to Sanjeev. As an almost pure Buffett disciple, my goal has always been to invest in stocks and other assets that can eventually be passed down to heirs. More than half of my net worth is in fully paid for real estate. Other investments include a highly concentrated stock portfolio. Largest holdings are BRK, AAPL, HD, MSFT and lately FRFHF. Outside of a small retirement account (less than 3% of net worth), no stock sales since the end of last century, when I liquidated a longstanding position in MO. The retirement account satisfies a recurring itch to "do something", though it has far under-performed other long-standing investments. Since youth I have no debt - buy everything including real estate for cash. (I watched debt ruin one too many people). Will gladly trade an extra few % of return for a good night's sleep. It took a good chunk of a lifetime to reach the point of not having to worry about money but the ride has been well worth it. Comments, suggestions or criticism is welcome - that's one reason why I am here.
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