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Berkshire Hathaway Inc. Message Board

  • balak_joshi balak_joshi Sep 14, 2012 12:40 PM Flag

    Time to lock in yearly profits?

    Wondering if this is the time to sell and go cash to lock in yearly profits.. markets up way high and prift outlooks look gloomy...S&P500 profits up only 4% year on year and markets up 18%...similarly BRK book up 7.5% while stock up 16%...thoughts?

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    • Most folks who try to trade stocks by crystal balling the future mostly under perform the market.

      BRKB should be no more than 4% of your portfolio. When it gets to be 4.8%, sell it down. When it gets to be 3.4%, buy to restore your allocation. The 4% allocation limit for a single holding and the 20% rebalancing rule avoids having to predict the future and provides excellent long term returns. Study asset allocation and rebalancing and learn how to get rich...slowly...

    • Since it was recently UPGRADED to Outperform, I think this still has legs. During the year ended December 31, 2011, Acme Building Brands (Acme) acquired the assets of Jenkins Brick Company, the brick manufacturer in Alabama. In September 2011, Berkshire acquired The Lubrizol Corporation (Lubrizol). In June 2011, the Company acquired Wesco Financial Corporation. In June 2012, Media General, Inc. sold 63 daily and weekly newspapers to World Media Enterprises, Inc., a subsidiary of Berkshire. In July 2012, Berkshire’s The Lubrizol Corporation acquired Lipotec SA

      Sentiment: Buy

    • You have been saying Berkshire is over valued and should be sold $10 dollars ago.You were wrong then and you are wrong now.

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