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bryanlarsenyesterday at 5:08 PM1 replyview on HN

BRK is 40% cash at the moment. I think "roughly flat" is evidence they're performing the strategy the OP wanted.

BRK has stated that they'll buy back in when prices are reasonable again, so it's an automatic "sell-high buy-low" strategy.


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red-iron-pineyesterday at 5:58 PM

buffet may be holding his breath for some time

markets...irrational... longer than you stay solvent, etc.

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