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Stocks B / Berkshire Hathaway


Subject:  Re: Still cheap at 4 year high Date:  10/4/2012  5:46 PM
Author:  spirach2 Number:  194645 of 219590

God, does that sound familiar.

I certainly didn't do the depth of analysis you and Mungo did, but I sure as heck made similar mistakes, and have similar regrets.

I convinced myself that 150K was about fair value --which was almost certainly a little optimistic-- and then compounded that mistake by declining to sell a single share even when we briefly hit