Well, I'll admit I was the poster child in the Buffett lover's world, watching the portfolio and including it in mine. But I'm not buying anymore, I agree that companies are not doing much, it's still going sideways and there are a lot of commodity companies on the market. I'm not saying it's bad, but really not much so far.

I think I've written here a couple of times how I bought OXY with a similar approach and then went through a divi stop and a drop of about -80% while BRK.B was still getting about 10%pa for its loan in the form of preference shares + options. I understand it's a different situation at the moment, but in general I wouldn't recommend copying anyone because you can't see inside their head and often don't know the whole story.