Today I come to you with a very controversial and radical idea. For those weak of heart I recommend not reading this. Actually, I think I can predict how the comments will go after posting.
#2. Harry, I had to claw my eyes out after reading this.
#3. BURN HIM!!!
#4. The burning hot sumner Sun, is near.
please buy our cwappy merkendise.
thonsand delight await.
#5 It's the Democrats fault.
#6 it's the Republicans fault.
#7 My cat's breath smells like cat food.
Ok, here goes- lately I've been thinking about selling Berkshire Hathaway.
(A Thunderous BOOOOO!!! comes from the crowd)
#8 HEY JACKWAD!!! WHY DON'T YOU JUST SPIT ON APPLE PIE AND KICK A PUPPY WHILE YOUR AT IT!
Please, Ladies and Gentleman.
I implore you, throw down thy stones and hear me out-
Don't get me wrong I still think Berkshire is probably the best run Company out there, but I have my own specific reasons to think that the share price might go down sometime in the near future.
(a) I've been of the mindset that stocks are somewhat pricey right now, and I expect somewhat of a correction, not a crash mind you just down to a level where I would consider stocks cheap again. In this scenario BRK would take a considerable hit
My Mayan Calander points to 2012, but I hope I'm wrong since I'll be up considerably in an ever climbing market. Never a bad idea to PREPARE!!! though.
(b) As far as I know Mr. Buffett and Mr. Munger are not immortal (I would'nt put it past them, maybe a deal was made down by the crossroads). So succession plans come very much into play. The whole Sokol debacle somewhat tarnished Berkshires reputation.
Again the share price would take a hit.
(c) I would be more inclined to ride any waves that I see on the horizon if I were getting a dividend, but I'm not so it just feels like I'm investing on blind faith.
My plan all along was to buy shares after the split, and buy more in the event of Mr Buffett being relieved of his post. Lately I've been rethinking my stance and feel that my money would be better off placed in a drip. I guess the reason I feel conflicted is the first book I read on investing was The Warren Buffett Way, and much of my limited knowledge of investing is derived from him.
The drip I would pick is W.B fav KO.
But if anyone out there has a favorite shout it out. Also I thought I remember that you need to own one share of coke in your own name before you can enroll in a drip.
Welp that's all folks, I hope this post was thought provoking and more importantly amuseing ; )