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Re: gfp927z post# 240

Friday, 02/02/2024 2:51:44 PM

Friday, February 02, 2024 2:51:44 PM

Post# of 384
Geez! Now you're assigning me homework!

Yeah, my Dad was also a strong buy and hold guy.....it took me a lot of years to convince him to hold a little cash and diversify....although I've come to believe in his philosophy about dividends.
FWIW, I convinced him to sell his BRK some years back and replace it with MSFT, GOOG, EMR and a couple others. I've never done the math to determine if I was right, but pretty sure I've outperformed BRK over the years. The only advantage to have held it is, the cost basis would have gone away.
I really believe when Warren dies, there will be an exodus in the stock, in spite of all their efforts to convince people all will continue the same. I'm wondering overall how much performance will be lost without Charlie Munger.

When I first started with my charting, it was the Investor's Business Daily chart books and the CANSLIM method. I used to take my chart books to the ballpark with me and chart between batters. I was lucky to find a very good teacher early on. He warned me to stay away from derivative products and leveraged bond funds.
I'll check your other boards, but you sure are busy.

Just my opinion, of course.

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