Wilsonfusion
09-18

$Berkshire Hathaway(BRK.B)$  Now that I only own $BRKB via Berkshire Hathaway,

Whenever I make an investment, I write down this:

1. The reason I bought it.

- It is a diversified business of over 60 companies as subsidiaries.

- It has over 40 stocks in investments & dividends as returns.

- Main purposes of owning it is not to have best returns but to have minimum risk of me losing my money long term.

- It has outperformed S&P 500 long run.

- It is recession proof company (able to be defensive/aggressive according to economy).

- It is cash cow loaded with exceeding 300B in upcoming quarter.

2. The valuation

- As I bought almost at premium price average, $469.5, it stands to near 1.65 book value.

- Average valuation is about 1.5 P/B.

- It is okay as valuation will keep increases as revenue keeps increasing.

- I will need to look beyond 5,10 years. (10 years from now, $469.5 will looks silly.)

- it may hit 2T to 3T valuation by 2030. That's 1x to 2X from current price, that's okay, I am still beating average return of S&P.

3. My intended holding period

- Forever. Simple as that.

- $BRK.B is not my investment account. It's my savings account.

- What I have in my bank is my spending account.

4. Would would make me sell?

- When emergency funds is needed.

- Unforseen event happens in family.

- Recession comes? Nope. Berkshire is built to last.

Above is what reminds me why I gonna hold Berkshire long term.

Modified in.09-18
All in One Stock vs. Diversify Risk?
"All in" would make huge profits from one stock but also means enormous risks. We may have seen stories of millions profits and stories that lost all of his savings. "Diversification" won't bring much profit but can avoid risk. ------------- Would you all in one stock or diversify risk? What's your trading style?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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