Im my case about 5 years when I probably have to start selling off a bit to access funds. I know there have been other posts on this ETF lately, but I did not find quite the answer I’ve sought after I read a comment by another poster (and have been unable to since locate).
They said something to the effect: “They may have to borrow in order to invest into BRK/B.” I wasn’t quite sure what this meant **(Again I am paraphrasing and I may have not quite caught the exact gist of what they were saying).** If someone could read between the lines and explain a bit more, would appreciate it. I do know they meant this comment on BRKU as a hindrance. I am aware I can always just buy into **BRKB** itself, but I have a hard time seeing how 30 shares (about what I could purchase)…could grow somewhat exponentially in about 5 years. Plus, the uncertainty about what Buffet’s eventually passing might mean to the company, etc. But if I am still betting overall on their continued success, 2X’s daily leverage sounds pretty good to me. BRKU is about $30.50/share as of this writing.
Thanks for any insights or if you see it as a good investment.