%% Exactly\ even with a heavy hitter like C, they reverse split thier stock so barely over $5; now so $50.94 = $5.094.Down from open alsoLOL [I dont blame the IBs for doing the reverse stock split LOL] IBD could have been wrong to dislike them[C]; turns out they were right years ago + this year. Discretion helps, sometimes get a good idea for a 1st year trader/investor
You named a good example for one kind of risk management: Follow the leader. C with S Weill, GE, J Welch, IBM, L Gerstner.... followed them and exited when they retired. That way, you limit your risks and preserve your gains. So, For risk management, I will exit my BRK holding when W Buffett leaves.
%% Sounds good usually; I tend to confirm anything by price + volume + trend study, my notebook ........... By the way, BRK , =major hold by SPY, Vanguard 500,Fidelity 500, Bill + M Gates foundation; almost a good ETF by itself. WB tends to be a good planner , but I dont follow him muchLOL