S&P 500 was up 0.2% to yet another record close. Toronto was up 0.6%.
I may sell some or all of the rest of my Berkshire Hathaway. I have a good gain on it and it no longer looks like the bargain that a year ago or even at the start of this year. Also it’s anyone’s guess what it’s earnings will look like in Q2. Most of its businesses are probably doing well. There should be a gain on the Equity Index puts. But the insurance business is always a question mark. Maybe a mistake to sell…
Here is a graph of how the Stock Picks from January 1 have done. (They have done very well indeed). The graph has all the Buys and Sells but omits the Weak Buys and Weak Sells as those are pretty close to a hold. I have always omitted those on the graphs going back to the year 2000. The fact is that our stock picks are doing usually well this year and are unusually consistent.
