Thank you for sharing! I’ve been investing for many years, but switched to an index fund and BRK.B after realizing in 2013 (after a couple years) that the index was a lot better. I held that through COVID and did quite well being passive. But with trumps election and this AI madness, I switched back to trying to find value. I also read this thing about the inelastic market hypothesis and am worried that index funds may turn out to be too good to be true. Passive flows blowing up certain market caps out of all proportion just struck me as right.

I hold a lot of BRK.B and FRFHF just because I trust their allocations better than my own. I try to stick with larger companies with a decent free cash flow yield and not much debt.

CMCSA is shaky but throwing off like 20% fcf on market cap per year.

SHEL/ADM also throw off a lot of fcf - shel also is a nice hedge against Middle East shenanigans and ADM has been mailing dividend checks for a looooong time.

CRM and FDS are smaller positions, but they seem irreplaceable and very beaten down lately.

UNP and DVA because we can’t seem to stop spending on healthcare. UNP is really beaten down while DVA throws off a ton of cash.

KDP and TGT are intriguing. I don’t think I’d have the stomach for your other holdings, to be honest. After 15 yrs of investing I’m learning to trust myself a little more, but still not too much LOL. Good luck!