View Single Post
Old 02-09-2008, 03:58 PM   #3
Thinks s/he gets paid by the post
free4now's Avatar
 
Join Date: Dec 2005
Posts: 1,138
Nords I'm in the same boat. I just placed a ladder of limit sell orders for my BRKB stock. If it gets back up to the high water mark again I'll have divested about 30% of my position so that I'm rebalanced.

Buffet himself has said he likes to keep the market value of BRKB close to the intrinsic value, and there's no way the intrinsic value could have risen as much recently as the market value has.
free4now is offline   Reply With Quote