mikazo Posted June 3, 2016 Share Posted June 3, 2016 Hello everyone, Despite following Buffet's practices for a few years now, I've never bought any shares in Berkshire because I was just playing around with small sums of money. I recently had a pension cashed out to a discount brokerage account, so I have more significant sums to invest, a portion of which I'd like to put into BRK.B. I'm aware of the many difficulties in valuing a company like Berkshire and the vast amount of discussion on that topic, so I'm not really asking for valuation opinions. What I'm wondering is, what approach to people use to initiate a position in BRK.B and add to it over time? Do you try to value the company yourself? Do you take Buffet's word on whether it's under/overvalued and watch his share repurchases (if any)? Do you take others' word on valuation (for example, this message board)? Do you worry about exchange rate? (I have to deal with USD/CAD conversion) Do you just add to your position blindly because it won't matter much over the span of decades? I'd really appreciate any advice on the topic. I'm saving a Cherry Coke to drink in celebration of my first shares of BRK.B! Thanks, -Mike Link to comment Share on other sites More sharing options...
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