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Mart Poom
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Well, that's a lot of money. It's just a question of whether they can keep delivering it like this. Payout over 60%? Yeah. I'm gonna take a closer look right now.
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Nice article and I'm joining the $PG+0.8% club 👍 A company that's great for the portfolio.
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I would be very happy if the cash that BRK is holding would stop being taken as a negative. The first thing I would focus on is the cash/asset ratio and that ratio is usually quite correlated, so don't just take the nominal amount (which also decreases with inflation).
Ignoring the fact that it's not holding somewhere under a straw man, but is currently making about 5%, they are holding a small share because of what their business is based on, and that's insurance companies. They have to hold on to some of that money to pay the insurance. If they have a problem with spending, it is only because all the quality companies they know are overpriced and that is definitely not a positive for SPY. There are simply stacking companies according to the marketcap and it grows thanks to about 1/3 of the companies, which are usually expensive and then BRK puts them on bread in a major crisis.
Another thing that is usually never mentioned in connection with the sp500 is what happens if a company drops out of the index? The value of the index doesn't change because another company just gets in? Is there no depreciation or other costs associated with this? (legal, transaction, etc.). I would be quite interested to know how many companies have dropped out of the index since BRK.B has been publicly traded, I would not be surprised if more than half of the companies are no longer there.
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In my opinion, every investor should own at least a portion of $SPY+0.6%. It doesn't matter who it is or what kind of appreciation they are aiming for. The only exception is funds.
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Interesting, I've never compared it like this when in what company they are at, specifically with these. I'm holding all of them and got the buys pretty low around prices when it was down last fall 2022. I'm not buying any longer now as I'd be spoiling my average but if the Fed doesn't raise now, as the chance is 25% so far only, it will probably climb further even though past history shows June as weaker. Then I would start overbought again and then gradually sell off again. Otherwise, I want to hold those good buy prices in these companies as long as possible. 😊
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I've heard of all the companies, but it wasn't until $LLY+1.8% that I finally learned that they also have stock. Cool stuff.
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"It's hard to say whether the company is the best in terms of stability or financial situation."
JNJ is one of only two companies with a AAA rating, so that probably says something about how their balance sheet is.
I've also dealt with this dilemma in the past. I took both just to be sure. But they were also both at slightly different prices 😉