John Hjorth

Bill [ @wabuffo], Thank you for sharing that, which has been absolutely new information and facts for me, by now. That is true, too. <Off topic>, but for CofB&F members with not-so-high seniority, meant as information as a service, to connect the CofB&F dots : @Daniel Pecaut is actually a CofB&F member, and We have here on CofB&F a separate topic in the Books forum for Daniels book : University of Berkshire Hathaway - Daniel Pecaut Now, <back to topic>.

This forenoon I have just listened to this, running it on YouTube on the TV: YouTube : The Investor’s Podcast [April 26th 2026] : Is Berkshire Hathaway Undervalued Right Now? (Chris Bloomstran Explains) (TIP810)

This forenoon I have just listened to this, running it on YouTube on the TV: YouTube : The Investor’s Podcast [April 26th 2026] : Is Berkshire Hathaway Undervalued Right Now? (Chris Bloomstran Explains) (TIP810) Structure, agenda : 00:00:00 - Intro 00:03:06 - What the intrinsic value of Berkshire Hathaway is, and what type of return you can get going forward 00:20:05 - Chris’s opinion on Greg Abel’s first letter to shareholders 00:33:24 - How should Berkshire management be compensated? 00:58:08 - How to think about valuing OpenAI 01:05:17 - Why S&P 500 share buybacks don’t benefit investors 01:15:27 - Thinking about investing risk from sudden loss vs. the slow decline of an asset manager 01:21:40 - Why Buffett reads Chris’s annual letter - - - o 0 o - - - It's lengthy, 1:37:10, - but to me worth the time spent on it, because it's good, in my personal opinion. - - - o 0 o - - - It has now almost become a tradition, that Stig Brodersen runs a TIP episode with Chris Bloomstran between Bloomstrans release of his yearly Semper Augustus Client Letter and the Berkshire Hathaway AGM. It is clear to sense these two gentlemen gradually over time have come to know each other quite well, and that they appreciate each other, which creates certain energy, dynamics and synergy among them, so they - so to say - 'click' with each other. Btw. Stig Brodersen is Danish, living in Århus, Jutland, and the podcast is his profession and bread and butter. From an economic point of view very successful, I may add. [He runs it as Danish Limitited Liability Company [ApS].] - - - o 0 o - - - In the 01:15:27 section it gets reveiled, uncovered, that Buffett some years back called Munger and proposed it may be an idea to get a sex change operation releated to the sad fact of getting very old, because Buffett had read that women in general get older than men! - - - o 0 o - - - [I'll double post it also to the 'Berkshire / General News' topic.]

Added a few Berkshire Hathaway B shares yesterday.

Greg [ @Gregmal ], If that above post of yours was meant as a reply to me on my last post above, let me just say here, that I personally don't have a clue, after trying mentally to focus on the question for about ten minutes, after which I had to give up, and ask here, so to say straight out! I mean, not sure if you're sarcastic here, or not. The only thing I feel quite confident about is this is outside the circle of control of the POTUS.

I got an email from Loudmouth today, as an European citizen, it gave me a good laugh - It can hardly get more 'American' than this.., - me thinking : 'JOE Land?!'

Emirates News Agency - WAM [April 28th 2026] : UAE announces decision to exit OPEC & OPEC+ - - - o 0 o - - - Now what does that impliy? [Buzzing #alloilbugs and especially SD [ @SharperDingaan ]].

Egon [ @EgonKuhn], What has attracked you to this company? [Honestly, I think I'm developing a 'What is Egon now up to?' syndrom. ]

I got a good chuckle [] out of this one this morning, today, after a row of shitty days [, all details of that left out here] :

HaHa! It's almost killing me!

Yes, it was at Washington Hilton.

Thank you, for elaborating and filling me in, @Maverick47, Christ, now I remember it all vaguely, so it's actually not funny, at all! -It's so dead serious as can be!

HaHa! - Worms got lost, and confused brains with cabbage?!

That is naturally totally OK, Greg [ @Gregmal ], But here, if you start reading it, you get a clear sense of serious journalistic work as base for the article.

Mike [ @cubsfan ], Thank you very much here for being forthcoming in our discussion here. You have educated me within the last couple of days about the US constitution, and about the powers of the incumbent POTUS, in relation to US foreign policy. Iran having nukes is an unplesant thought, no matter what real facts are in this case. POTUS made a bet on this agrressive action towards Iran. No need by now to be 'smart' about anything, from a European perspective here, thereby by me, venting all kind of opinions, which I can't really substanciate here. But it is a bet. I'm in no way ditching the approach applied by POTUS as such here, It's all a matter of perspective, and when to incur 'the pain' of this friggin' mess. - - - o 0 o - - - -In a way, I'm just glad none of this was up to me! - - - This evening, I just vented the idea that I really needed a new dog! She : 'What dog are you thinking about?' Me : 'A Belgian Malinois' She : 'Wut? - How will you even train it, walk it? Me : 'No problem - We just need some more rock'n roll!'

Just the usual stuff from you, Greg [ @Gregmal ], Please take down the article by providing tangible stuff it's not so.

Blake [ @Blake Hampton ], Mike [ @cubsfan ] and Greg [ @Gregmal ], Do you belive the NYT article linked to above by me is 'fabricated', made up stuff? - Please stop 'BS'ing here, while answering! - Yes or no!

Please take it down, by providing contradictary facts with sources, related to the article, Greg [ @Gregmal ]. You don't have any idea what's going on in my mind, except what I have alreday expressed upstream in this topic, so please spare me this kinds of 'mental gymnastics'. Actually, Tuesday evening I was at a private AGM, where a psychotherapist [female, handsome, lesbian] presented me for a 'deep analysis' of myself in front of everybody else participating, and that I urgently needed to change, she gave me a lesson about how to behave! -Do you think she succeded?!

Sure, from your point of view, @Libs. No sweat.

Just the usual stuff from a MAGA supporter.

Thank you for the reply, @73 Reds, It tells everything. It's to me sad, really. - - - o 0 o - - - Btw. thank you for all your contributions in this topic, it has over time been very educational to read your posts in this topic, to get an understanding of the American mindset for a Northern European citizen like me.

Related to the answer about the US constitution from Mike [ @cubsfan ] about presidential powers : New York Times [April 7th 2026] : How Trump Took the U.S. to War With Iran Subtitle : In a series of Situation Room meetings, President Trump weighed his instincts against the deep concerns of his vice president and a pessimistic intelligence assessment. Here’s the inside story of how he made the fateful decision. - - - o 0 o - - - To me personally, crazy stuff to read. There is no way here Denmark in such situation would engage in warfare activities, without the government consulting, discussing and adressing all political party leaders behind closed doors under obligation of silence.

LOL! - Great humor!, @Longnose ! Kiddoes are a blessing!

@Longnose, It reads as if you have more than one set of twins! -Christ, I get tired just thinking about how that would be! - - - o 0 o - - - @Saluki, Congratulations with the family extension! - Certainly proud and happy parents on the photo! - It's the beginning of a new charter in life for your both!

OK, Greg [ @Gregmal ], Busy with that too!