{"id":857,"date":"2010-06-29T12:51:02","date_gmt":"2010-06-29T17:51:02","guid":{"rendered":"http:\/\/www.holypotato.net\/?p=857"},"modified":"2012-12-03T07:22:51","modified_gmt":"2012-12-03T12:22:51","slug":"warren-im-sorry","status":"publish","type":"post","link":"https:\/\/www.holypotato.net\/?p=857","title":{"rendered":"Warren: I&#8217;m Sorry"},"content":{"rendered":"<p>Sold my BRK.B today. Not that I don&#8217;t like Berkshire, I think it&#8217;s a great long-term hold, but I needed to raise some cash and it has been defying the downturn of the last few weeks so it looked like the least under-valued thing to sell. Plus, when I bought it in January, it had been underperforming the S&#038;P500 for a few months; now, it&#8217;s been outperforming by an even wider spread than I had anticipated. Plus, the Canadian dollar&#8217;s down almost 2% today, making selling something in USD slightly more attractive (though my effective transaction costs on selling US equities is 3-4X higher than the effective commissions on Canadian stocks due to the hefty exchange fees TD charges).<\/p>\n<p>Sorry Warren, it&#8217;s nothing personal, and I&#8217;ll probably be an owner again in the future&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sold my BRK.B today. Not that I don&#8217;t like Berkshire, I think it&#8217;s a great long-term hold, but I needed to raise some cash and it has been defying the downturn of the last few weeks so it looked like the least under-valued thing to sell. Plus, when I bought it in January, it had [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/posts\/857"}],"collection":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=857"}],"version-history":[{"count":0,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=\/wp\/v2\/posts\/857\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.holypotato.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}