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Originally Posted by Rain Man
I've got some Berk.B that's done better. Not a home run, but at least above zero. I kind of worry, though, about what'll happen to the stock when Buffett and/or Munger eventually go the way of the dinosaurs. I'm sure there's a big team doing the heavy lifting, but will the stock take a hit when those guys are no longer in the picture? I'm a little concerned about that.
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Companies I'm holding long as solid businesses: Cost, brk.b, googl, msft
I also have positions in ptlo and modg that I've averaged down as I've lost money, but I like both for long term investments. Every Portillos I've been to in Chicago has always been packed, so I believe it can grow with their expansion plans. As soon as Callaway bought Top Golf, I wanted the stock for that part of the business alone. We'll see if either work out in 10years.
As for Bershire I assume the risk is low. If Apple survived Jobs, any negative on Buffet/Munger has to be somewhat baked into the price given their age ad certainly have contingency plans.