what are you selling today?

[Ballinvarosig Investors]

Have been selling a lot of things and am at 70% cash.

 

Like a few of you, I have sold out of BRK.B. Selling at this P/B has always provided an opportunity to buy in cheaper later.

[gfp]

13 minutes ago, Ballinvarosig Investors said:

Have been selling a lot of things and am at 70% cash.

 

Like a few of you, I have sold out of BRK.B. Selling at this P/B has always provided an opportunity to buy in cheaper later.

 

Did you have to pay tax on the Berkshire sale?  What do you figure the actual real-time Price to Book is for Berkshire?  Certainly it would be lower than comparing today's share price to end of march Book value.

[Ballinvarosig Investors]

1 minute ago, gfp said:

 

Did you have to pay tax on the Berkshire sale?  What do you figure the actual real-time Price to Book is for Berkshire?  Certainly it would be lower than comparing today's share price to end of march Book value.

No tax due, it's in my retirement account. A big portion of the book value increase is going to be Apple, nearly $25b for that alone. The outsized exposure at that valuation makes me uncomfortable.

[Paarslaars]

8 hours ago, Ballinvarosig Investors said:

Have been selling a lot of things and am at 70% cash.

 

Like a few of you, I have sold out of BRK.B. Selling at this P/B has always provided an opportunity to buy in cheaper later.

You mean buy at a lower P/B, not a lower share price?

[Saluki]

Sold half of my BRK in my retirement account and moved it to FFH, Fairfax India, and a little BTI and TAYD.  Still have all my BRK shares in my taxable account and they will probably have to pry them from my cold dead hands one day (far in the future, hopefully).  

[Paarslaars]

Completely sold out of SIMO.

Also reduced some of my BRK, still >20% position.

 

Now at 10% cash.

[Eng12345]

SU - cut my position by ~75% for a small breakeven accounting for dividends. I have lost confidence in the overall thesis from last year into early this year. I can't shake the feeling I'm just trying to catch the top part of a very dangerous geopolitical curve.

[Gregmal]

Freed up about 10% of SPHR and 50% of CARR

[jks327]

Thor Industries is getting close to my valuation, up over 40% since 5/31.

[Spekulatius]

Selling most of my USB - I don't like owning bank stocks with this more and more inverted yield  curve.

I am also reducing ORI a bit more - seems fully valued to me.

[dipod]

Sold CSPs on PYPL expiring tomorrow before the close of market today.

[brobro777]

Sold some put options in Citigroup

 

[nwoodman]

Trimmed some more AAPL AND BRK.B and reduced USD margin

[Eng12345]

Joby - how I made 60% on that dumb stock is beyond me, but I guess it pays to be lucky occasionally.

[jfan]

BAM

[Red Lion]

EPD, PM, GNL preferreds. 
 

Still bullish particularly on PM, but I’m continuing to raise more liquidity for a couple real estate projects, and these were sitting at under a 10% short term gain. 

[Spekulatius]

Sold my $FNF in tax deferred accounts.

[fareastwarriors]

Trimmed some CKX 

 

forgot I had a GTC sell order 

[Red Lion]

Sold some NTDOY to continue to raise capital for some private real estate deals I’m shifting into. Still have a big position in my 401k. 

[Saluki]

Sold the few shares of VTS that I have in my IRA (still holding all my shares in my taxable account for at least a full year).  Up 50% in 8 months.  Nice work if you can get it    It had a nice little pop today , people probably noticed that a director bought more shares http://openinsider.com/search?q=vts and it's not a big company, so it doesn't take much to move the price.  The dividend is great and it may still have more upside, but my IRA is tax free, so why not take some chips off the table. A lot of their production is hedged so they weren't hurt too much when oil prices dropped, and probably won't knock the cover off the ball if oil prices go up.  

[nwoodman]

0669.HK Techtronic Industries. Love Milwaukee tools but the shorts may be more right than wrong on this one.  Proceeds go to JPY margin.

[lnofeisone]

Sold enough JXN shares on the pop to cover cost basis and then some. Holding on to house shares. 

[Luke]

Selling some EXOR to add to my CHINA Basket. 

 

[Spekulatius]

2 hours ago, Luca said:

Selling some EXOR to add to my CHINA Basket. 

 

wrong GIF:

 

[brobro777]

7 minutes ago, Spekulatius said:

wrong GIF:

 

 

Oh man I watched this video so many times. I mean it never gets old baby

 

Never gets old