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No. of Recommendations: 18
In case anybody is wondering, the "when not to sell" rule is intact for the current Berkshire stock price rally....

Just following up.
In case anybody is wondering, the 3% rule of thumb thinks the recent rally in Berkshire's stock price is now over.
I think it changed its mind at close Monday. The stock price is pretty much unchanged since then.

So, the implication is:
The stock was in one of its long strong rallies for quite a while. Weeks or months depending on how you count.
If for whatever reason you were thinking of selling a bit of stock soon, but waiting for some omen that the rally was over before doing so, this omen has happened.

The main idea is that the rule of thumb identifies stretches that it would be a particularly unfortunate time to sell.
On average it doesn't pay to sell stock during an ongoing strong price rally.
There is no longer a reason to think we are in such a stretch.
If you were going to sell anyway, go ahead.

Jim
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