We don't put the same amount of money in each stock.
You know, people tend to like to buy companies that are doing well.
Be aware of the level of the stock market. Are yields low and PE ratios high?
Ben was really a contrarian but he didn't use those terms because he was really buying value.
We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.
By setting up Berkshire Hathaway, Warren has done everything very rationally.