Saluki Posted Friday at 04:43 PM Share Posted Friday at 04:43 PM For those who want to do the opposite of me to take advantage of the trading curse, I sold all the ENPH in my taxable accounts. Enjoy the double from here By the way, last year I bought a little MELI and quickly sold for a 20% profit because I thought it was overpriced. Even after yesterday's 16% drop, I would be up more than 100% if I did nothing but sit on my hands. Link to comment Share on other sites More sharing options...
Sweet Posted Friday at 05:22 PM Share Posted Friday at 05:22 PM More Shitty bank Link to comment Share on other sites More sharing options...
Hektor Posted Friday at 05:23 PM Share Posted Friday at 05:23 PM 19 hours ago, Spekulatius said: Reduced CMCSA Why? Link to comment Share on other sites More sharing options...
Spekulatius Posted Friday at 06:02 PM Share Posted Friday at 06:02 PM 38 minutes ago, Hektor said: Why? Valued Ok for the stagnant business it has become. Link to comment Share on other sites More sharing options...
Hektor Posted Friday at 07:11 PM Share Posted Friday at 07:11 PM 1 hour ago, Spekulatius said: Valued Ok for the stagnant business it has become. Thanks for the response @Spekulatius Link to comment Share on other sites More sharing options...
ourkid8 Posted Friday at 10:31 PM Share Posted Friday at 10:31 PM 5 hours ago, Sweet said: More Shitty bank I also got out as well with the Trump bump! Link to comment Share on other sites More sharing options...
fareastwarriors Posted Saturday at 06:47 AM Share Posted Saturday at 06:47 AM Trimmed some TSLA Link to comment Share on other sites More sharing options...
Masterofnone Posted Monday at 06:32 PM Share Posted Monday at 06:32 PM I have been riding on the Berkshire train for 25 plus years, holding through ups and downs. It has always been a huge percentage of my total investments, and buying over the years on selloffs and holding has resulted in returns about 3.5% above the S&P 500. The only shares sold during this time were those required after recently placing our first taxable shares purchased in a charitable remainder trust. In the past few weeks, I've been selling off Berkshire in IRA accounts. Lowest cost basis $32.xx. Is it an attempt at market timing? To be honest with myself, I would have to answer yes, remembering the period between early 2008 and 2009. But now gliding through my 7th decade and financially secure, I no longer feel the need to be fully invested. Is Berkshire ever likely to be priced at 2x book again? Who can say? But My guess is 1.3 is more likely. Disclosure: I'm a mediocre trader as proven over a long time period. Link to comment Share on other sites More sharing options...
Junior R Posted Monday at 06:59 PM Share Posted Monday at 06:59 PM (edited) 47 minutes ago, Masterofnone said: I have been riding on the Berkshire train for 25 plus years, holding through ups and downs. It has always been a huge percentage of my total investments, and buying over the years on selloffs and holding has resulted in returns about 3.5% above the S&P 500. The only shares sold during this time were those required after recently placing our first taxable shares purchased in a charitable remainder trust. In the past few weeks, I've been selling off Berkshire in IRA accounts. Lowest cost basis $32.xx. Is it an attempt at market timing? To be honest with myself, I would have to answer yes, remembering the period between early 2008 and 2009. But now gliding through my 7th decade and financially secure, I no longer feel the need to be fully invested. Is Berkshire ever likely to be priced at 2x book again? Who can say? But My guess is 1.3 is more likely. Disclosure: I'm a mediocre trader as proven over a long time period. Berkshire isn't buying back its own stock so that might explain at current bv Warren and team think its expensive Edited Monday at 07:19 PM by Junior R Link to comment Share on other sites More sharing options...
Masterofnone Posted Monday at 07:26 PM Share Posted Monday at 07:26 PM I'm too lazy to do the exact cost averaging between all the lots, but the original shares from 2000 are ~11.3% (vs ~7.9% from the S&P) and for example shares purchased late January 2021 come in at about 22% vs ~15% from the S&P over the same time-frame. I purchased many many times over the years when the shares became cheap. (Know what you own.) Link to comment Share on other sites More sharing options...
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