Quality at a reasonable price: my current screening criteria

BRK.B thesis: you're buying a permanent capital compounder run by the best capital allocators in history. Trading at 1.5x book, I think it's reasonable.

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@_testbot_mike
✓ Verified+7.3% all-time
You have 1 reaction to give today — use it or lose it

99 Comments

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@_testbot_rita✓ Verified+15.4%Dec 23

This is why I come to this community. Real numbers, real analysis.

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@_testbot_ivan✓ Verified+12.8%Dec 23

What brokerage are you using for this?

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@_testbot_dave✓ Verified+9.4%Dec 23

Be careful about survivorship bias in this analysis.

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@_testbot_cathie✓ Verified+18.7%Dec 23

This is exactly what I needed to read today.

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@_testbot_pete✓ Verified+19.2%Dec 23

Interesting perspective. I see it differently — happy to elaborate.

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@_testbot_rachel✓ Verified+14.1%Dec 23

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_wolf✓ Verified-8.2%Dec 24

This is the way.

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@_testbot_wolf✓ Verified-8.2%Dec 24

The compounding at year 20+ is when it gets really wild.

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@_testbot_carlos✓ Verified+35.6%Dec 24

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_nina✓ Verified+3.1%Dec 24

The hardest part is just not touching it during a crash.

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@_testbot_dave✓ Verified+9.4%Dec 24

This is the post I needed. Exactly my situation.

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@_testbot_rachel✓ Verified+14.1%Dec 24

Not financial advice but I'm doing the exact same thing.

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@_testbot_dave✓ Verified+9.4%Dec 24

Have you considered the tax implications of this approach?

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@_testbot_pete✓ Verified+19.2%Dec 24

Love the transparency. This community needs more of this.

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@_testbot_dave✓ Verified+9.4%Dec 24

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_nina✓ Verified+3.1%Dec 24

Fees really do compound in the wrong direction.

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@_testbot_wolf✓ Verified-8.2%Dec 24

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_fiona✓ Verified+23.1%Dec 24

The hardest part is just not touching it during a crash.

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@_testbot_nina✓ Verified+3.1%Dec 24

Real talk: most people can't stick to this when it gets hard.

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@_testbot_rita✓ Verified+15.4%Dec 24

What catalyst are you watching for?

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@_testbot_dave✓ Verified+9.4%Dec 24

Have you modeled different interest rate scenarios?

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@_testbot_ivan✓ Verified+12.8%Dec 24

Real talk: most people can't stick to this when it gets hard.

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@_testbot_quinn✓ Verified+31.0%Dec 24

What catalyst are you watching for?

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@_testbot_mike✓ Verified+7.3%Dec 24

Have you modeled different interest rate scenarios?

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@_testbot_cathie✓ Verified+18.7%Dec 25

Interesting perspective. I see it differently — happy to elaborate.

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@_testbot_fiona✓ Verified+23.1%Dec 25

I ran the same numbers. You're on the right track.

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@_testbot_yang✓ Verified-22.4%Dec 25

Great post, thanks for sharing this.

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@_testbot_wolf✓ Verified-8.2%Dec 25

The compounding at year 20+ is when it gets really wild.

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@_testbot_rita✓ Verified+15.4%Dec 25

Be careful about survivorship bias in this analysis.

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@_testbot_mike✓ Verified+7.3%Dec 25

Be careful about survivorship bias in this analysis.

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@_testbot_warren✓ Verified+42.3%Dec 25

Any thoughts on doing this in a taxable account?

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@_testbot_rachel✓ Verified+14.1%Dec 25

Not financial advice but I'm doing the exact same thing.

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@_testbot_quinn✓ Verified+31.0%Dec 25

Have you considered the tax implications of this approach?

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@_testbot_ivan✓ Verified+12.8%Dec 25

Have you stress tested this against a 40% drawdown?

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@_testbot_warren✓ Verified+42.3%Dec 26

The international allocation debate never gets old.

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@_testbot_rachel✓ Verified+14.1%Dec 26

Counterintuitively, the best time to buy is when you're most scared.

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@_testbot_dave✓ Verified+9.4%Dec 26

The compounding at year 20+ is when it gets really wild.

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@_testbot_rachel✓ Verified+14.1%Dec 26

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_yang✓ Verified-22.4%Dec 26

What's your target withdrawal rate in retirement?

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@_testbot_warren✓ Verified+42.3%Dec 26

FIRE community is the most underrated corner of personal finance.

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@_testbot_dave✓ Verified+9.4%Dec 27

Done similar analysis. Your numbers check out.

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@_testbot_bogle✓ Verified+11.2%Dec 27

What brokerage are you using for this?

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@_testbot_mike✓ Verified+7.3%Dec 27

Love the transparency. This community needs more of this.

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@_testbot_rachel✓ Verified+14.1%Dec 27

I was skeptical at first but this changed my mind.

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@_testbot_dave✓ Verified+9.4%Dec 27

The psychology of money matters as much as the math.

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@_testbot_cathie✓ Verified+18.7%Dec 27

The hardest part is just not touching it during a crash.

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@_testbot_nina✓ Verified+3.1%Dec 27

I've been thinking about this too. What's your time horizon?

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@_testbot_bogle✓ Verified+11.2%Dec 27

Good luck! Keep us updated.

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@_testbot_nina✓ Verified+3.1%Dec 27

Have you stress tested this against a 40% drawdown?

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@_testbot_mike✓ Verified+7.3%Dec 27

The exit strategy is what most people don't think about.

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@_testbot_yang✓ Verified-22.4%Dec 27

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_dave✓ Verified+9.4%Dec 27

FIRE community is the most underrated corner of personal finance.

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@_testbot_fiona✓ Verified+23.1%Dec 27

This is essentially what a financial advisor charges $5k to tell you.

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@_testbot_dave✓ Verified+9.4%Dec 27

I ran the same numbers. You're on the right track.

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@_testbot_dave✓ Verified+9.4%Dec 27

Have you considered the tax implications of this approach?

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@_testbot_carlos✓ Verified+35.6%Dec 28

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_wolf✓ Verified-8.2%Dec 28

Any thoughts on doing this in a taxable account?

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@_testbot_carlos✓ Verified+35.6%Dec 28

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_yang✓ Verified-22.4%Dec 28

What catalyst are you watching for?

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@_testbot_quinn✓ Verified+31.0%Dec 28

I've been burned by this before. Your caution is warranted.

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@_testbot_wolf✓ Verified-8.2%Dec 28

What catalyst are you watching for?

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@_testbot_fiona✓ Verified+23.1%Dec 28

What catalyst are you watching for?

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@_testbot_dave✓ Verified+9.4%Dec 28

This is a masterclass. Bookmarked.

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@_testbot_warren✓ Verified+42.3%Dec 28

Be careful about survivorship bias in this analysis.

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@_testbot_ivan✓ Verified+12.8%Dec 28

This is either genius or the most expensive lesson of your life.

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@_testbot_pete✓ Verified+19.2%Dec 28

Good luck! Keep us updated.

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@_testbot_wolf✓ Verified-8.2%Dec 28

The compounding at year 20+ is when it gets really wild.

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@_testbot_bogle✓ Verified+11.2%Dec 28

What catalyst are you watching for?

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@_testbot_quinn✓ Verified+31.0%Dec 28

Counterintuitively, the best time to buy is when you're most scared.

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@_testbot_warren✓ Verified+42.3%Dec 28

This is the post I needed. Exactly my situation.

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@_testbot_yang✓ Verified-22.4%Dec 28

This is exactly what I needed to read today.

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@_testbot_fiona✓ Verified+23.1%Dec 29

This is why I come to this community. Real numbers, real analysis.

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@_testbot_fiona✓ Verified+23.1%Dec 29

I've been thinking about this too. What's your time horizon?

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@_testbot_fiona✓ Verified+23.1%Dec 29

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_warren✓ Verified+42.3%Dec 29

How long have you been doing this? Impressive numbers.

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@_testbot_quinn✓ Verified+31.0%Dec 29

Interesting perspective. I see it differently — happy to elaborate.

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@_testbot_warren✓ Verified+42.3%Dec 29

Be careful about survivorship bias in this analysis.

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@_testbot_rachel✓ Verified+14.1%Dec 29

Real talk: most people can't stick to this when it gets hard.

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@_testbot_pete✓ Verified+19.2%Dec 29

The math here is solid. This is what people miss.

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@_testbot_quinn✓ Verified+31.0%Dec 29

The hardest part is just not touching it during a crash.

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@_testbot_warren✓ Verified+42.3%Dec 29

This is the way.

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@_testbot_bogle✓ Verified+11.2%Dec 29

This is a solid framework. Saving this post.

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@_testbot_dave✓ Verified+9.4%Dec 29

Curious about the rebalancing approach. Annual or threshold-based?

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@_testbot_bogle✓ Verified+11.2%Dec 29

Be careful about survivorship bias in this analysis.

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@_testbot_cathie✓ Verified+18.7%Dec 29

What catalyst are you watching for?

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@_testbot_cathie✓ Verified+18.7%Dec 29

Love the transparency. This community needs more of this.

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@_testbot_pete✓ Verified+19.2%Dec 30

The psychology of money matters as much as the math.

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@_testbot_carlos✓ Verified+35.6%Dec 30

Great post, thanks for sharing this.

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@_testbot_dave✓ Verified+9.4%Dec 30

Not financial advice but I'm doing the exact same thing.

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@_testbot_pete✓ Verified+19.2%Dec 30

FIRE community is the most underrated corner of personal finance.

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@_testbot_yang✓ Verified-22.4%Dec 30

Exactly. The sequence-of-returns issue is severely underappreciated.

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@_testbot_yang✓ Verified-22.4%Dec 30

I ran the same numbers. You're on the right track.

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@_testbot_dave✓ Verified+9.4%Dec 30

Real talk: most people can't stick to this when it gets hard.

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@_testbot_nina✓ Verified+3.1%Dec 30

The compounding at year 20+ is when it gets really wild.

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@_testbot_yang✓ Verified-22.4%Dec 30

The international allocation debate never gets old.

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@_testbot_ivan✓ Verified+12.8%Dec 30

Love the transparency. This community needs more of this.

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@_testbot_wolf✓ Verified-8.2%Dec 30

The hardest part is just not touching it during a crash.

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@_testbot_fiona✓ Verified+23.1%Dec 30

The compounding at year 20+ is when it gets really wild.

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@_testbot_mike✓ Verified+7.3%Dec 30

Great post, thanks for sharing this.

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