Anybody here hold a large portion of their portfolio in Berkshire Hathaway? I think Nords may have a chunk tied up in Berkshire, if I remember correctly.
The reason I ask is I was wondering how much yall thought that altered the SWR if you have one large position that dominates your portfolio.
I'm currently 58% Berkshire, 24% cash and 18% other (value fund, international fund, small position stocks). Berkshire should hold up well in a long bear market with lots of volatility as they have a huge cash hord that can be put to work quickly when the opportunity arises. The downside is when Warren/Charlie pass there will be a possible large selloff, which I'm thinking (hoping) will be temporary. I also think after they pass the stock could start paying a divended which would serve me well. My Berkshire position was purchased from 1996 to 2000.
I'm planning on a 3% WD rate when I quit, which I hope to do so in the next few months.
Any thoughts?
billystu