[gimmeThaBeet]

I'm at least a little glad to see that, for me there's the weird kind of indexy thing where you want Berkshire to sort of be differentiated from the market. So much is indexed, you want the 'other stuff' to be not quite the index, which at their size is probably a tall order.

Obviously it's up to them. But to me there's a little temptation that if you're going to be this kind of 'pocket universe economy' for lack of a better term that it tries to be a little less straight beta.

I don't want to open it up and see "hey 20% of your maket cap is just apple? I already have a lot of that, can't you have something else?". Which firmly falls into the camp of not their problem.

So I guess now it's only 10% of its market cap, so progress :)

[pseudosaid]

Is any of that relevant when this selling is an ongoing trend to have as much cash on hand. Buffet is amassing 200+ billion… for what exactly? The holdings in general are optimized and factor in data from Aladdin.

[gimmeThaBeet]

Yeah I mean there's a couple things to speculate.

It could be he thinks this is as good as it's going to get for a while, don't know.

At this point I usually look at the cash as being as much directly insurance related as it is business/investing related. They are a massive insurance and reinsurance writer.