“I’m 90% invested, 50% in Berkshire, 40% in BABA and only 10% in cash. Wondering if I should sell some BRK to raise my cash level.”
Selling is never an easy decision, especially if one has to pay capital gains tax. Eight days ago I sold INTC, which was in an IRA. I liked the company and the price, but I was concerned about it becoming collateral damage in a NASDAQ selloff. My investment horizon is pretty short. INTC is down 12% since I sold, so I guess it worked out, but that doesn’t mean that my logic was correct. I haven’t sold BRKB, which is in a taxable account. We can never be sure if we’re making the right decision. We just have to do our best. Good luck to you.