John Hjorth

@LC, Yes, I do. But I think you actually wanted to ask for a response from the board members about another question. [ ; - ) ]

@Spekulatius, Here, I do not try to challenge your statement quoted above. I feel pretty sure you by now have may overcome that [, alone based on reading about your activity here on CoBF]. Thank you for your contributions here on CoBF now over many years.

This is lack of due diligence by the board - plain and simple.

Greg Abel interviews Walter Scott Jr. at Davis Global Center [2020] . H/T Kevin Carpenter , running the Kingswell substack .

@Xerxes, Just another observation point in what's going on, where pretty much everyone is held in the dark with regard to the overall picture of the conflict, its recent status and stage, and expected development going forward.

@changegonnacome, Your post above is first level thinking. Second level thinking is about what options do Russia have remaining for now.

Last week, his transactions even hit the news media here in tiny Denmark in Europe. Honestly, I don't care one whit.

@yesman182, The very short version of @gfps reply to you above is "yes". Even Dataroma does not get correctly. All media coverage has been missing this point for so many years that it is simply verging to being lame by now. Same on SA [, at least partly]. You can find some meticulous work on this in some topics in this forum about Berkshire here on CoBF provided by our fellow board member @Dynamic a few years ago with spreadsheets, comments, details etc. It's very educational.

@Gregmal, Thanks for posting. It makes one think.

Phoenix01, If you are asking for advice for handling your oil positions related to hedging, I personally think that you [in reality] are on your own here on CoBF. Please get used to it.

Valueinvesting101, Please take a look at BHE Annual report 2021, p. 95. Several of the subsidiaries are participating in joint ventures related to : Natural gas, coal, solar & nuclear [, but not wind, hydroelectric & geothermal].

Well, EDGAR as of now contains no filing for Mr. Abel for a BRK transaction in June. Thus, It must have been in cash.

Yesmans great observation is in the 10-Q on p. 20, last paragraph. Like gfp I would be surprised if this transaction was done on a taxable basis, if the shareholder agreement has had the option to do it as a tax free swap of BHE shares for BRK shares [A or B]. I think that the transaction was perhaps done as a tax free share swap, ref. the horisontal line named "transaction with noncontrolling interests" totalling USD M (1,032) in "Consolidated statements of changes in shareholders' equity" on p. 5.

And in the mean time the Evergrande saga [soap opera?] continues .

Source [This topic is so far saturated with this kind of biased information because of lack to primary [first hand] sources.

For a while, none of the posts in this topic has had anything to do with the topic title in this topic.

Astrid looks great on the photo.

Perhaps, @Gregmal - In a way it does not matter. Please just continue here on CoBF to be you - yourself.

@yesman182, this argument by @Spekulatius applies also to several other money managers than Mr. Bloomstran. Please just try to look up both BRK.A and BRK.B [and look at the data combined for both, too] on Dataroma, for an initial overview. Qualification : We don't know the exact fee structure of every money manager. But it is likely a lot of money over time in management/performance fees to several GPs, transferred from their individual LPs. Why pay someone for being patient on behalf of you, when you here can practise it yourself for free by doing squat?

Within the last few days, there has been thoughts ventilated by @CassiusKing1, @thepupil and @gfp in the General Berkshire News topic related to Berkshires expected future, based on considerations about the future structure of ownership of Berkshire. For everyone interested in this toic - specifically and in general, I recommend this book.

The exchange between @CassiusKing1, @thepupil and @gfp above is extremely important longer term for the future development of Berkshire. I hope one you gents will take the initiative to a topic split from here - to a separate topic - for further discussion.

Thank you, @gfp & @ValueMaven, for the above exchange. If one think about it a bit more and a bit deeper, the issue at hand is simply mind provoking, because Berkshire is actually gradually and over time catching and gobbling up its "surroundings" - like a black hole or like the span of the tentacles of a hungry octypus. Absolutely incredible what the mathematical laws for exponential functions and uninterrupted compounding - plus buy more or sharebuybacks, or both in combination - can produce of longer term economic outcomes. - - - o 0 o - - - Today, I went back the memory lane, to the end of Berkshires quarter when I bought the first few Berkshire shares, almost a decade ago: Total cash and cash equivivalents at hand : USD 47,776 B [, now USD 39,113, 2022Q1]], Equity securities : USD 87,088 [, now USD 390,538], & Equity accounted investments : USD 0 B [, now USD 17,596]. Add to that the reduced Berkshire share count because of share buybacks.

It's not so. 5% of the last years position after giving is donated each year.

So around USD 19 M for a dinner with an almost 92 years old geriatric [one of the best of his age, that is, however]. Insane capital allocation.

Priceless reading, gfp! lol! Thank you for sharing.