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John Hjorth

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Everything posted by John Hjorth

  1. wisowis, Mr. Buffett can't sell [the bulk of [<- ?]] his shares, because they are pledged to charity. [i haven't made the exact calculations.]
  2. Thanks for the exchange, longinvestor, Your interpretation of this move may be even better, and more relevant, as of now.
  3. Avg daily volume is 80M+ on the As and 800M on the Bs. Why would you call? Daniel, Likely nobody from CoBF would use that line to offload Berkshire shares in this actual environment [because they don't want to sell at all]. Posted by alwaysinvert in the "tender topic" : Frankly & honestly, I consider this a brilliant move! ... Friendly help & support to the indexing community, when fear is raging!
  4. Wrote some more puts, 215-strike, Feb 28-expiration. Every time I read about Mike [CoBF member boilermaker] doing this stuff, I get hit - in a mild way - by a brain hemorrhage [because I can't do stuff like this, for Danish tax and other regulatory reasons for Danish investors]. Today, two times! *sigh* There are ways around that. Well, I actually agree on that. It's about moving your own butt, - to get subject to another tax system. Last time I vented something like this, I got a reply from wachtwoord here on CoBF : "Why don't you just move?" [-or something like that, - now years ago]. Perhaps just time shut up here for me.
  5. Wrote some more puts, 215-strike, Feb 28-expiration. Every time I read about Mike [CoBF member boilermaker] doing this stuff, I get hit - in a mild way - by a brain hemorrhage [because I can't do stuff like this, for Danish tax and other regulatory reasons for Danish investors]. Today, two times! *sigh*
  6. Thank you so much OracleofCarolina, Is it possible for you to be a bit more specific with regards to link? -Thank you in advance.
  7. I wonder if we will get a Semper Augustus Letter this year?
  8. Copied from this post by Greg : [intentionally edited to beyond recognition & context, - so Greg may disagree! [ ; - ) ]] : Instead of just "+1!", I'll here post "Worth repeating!" [somehow, it's "head shaking times" right now - with a lot of stuff ... [-but not all stuff].]
  9. Actually, I agree with you. I also would be surprised, if the outcome will be differently. Mr. Buffett wouldn't have written that in the "past-present-future" shareholder letter if it wasn't backed by the board. But time passes on, and things changes over time, so I think it's better to stay open-minded, like longinvestor's comment earlier in this topic also implied. The most important thing is that we actually have seen real and material changes in management and the relation between management and board to the better for the future, so it won't eventually end like [- after which "everything" dissolves & falls apart]. I can't help it - about Mr. Buffett's irony : 2000 Shareholder Letter :
  10. Your basis does not support your conclusion here, longterminvestor, Suggested reading : Berkshire Hathaway Corporate Governance Guidelines [last amended January 28th 2014], especially section 4 to 10 [both included].
  11. I really hope this now works out satisfactory for you, Spekulatius, -Pretty impressive, what combined brain-storming on CoBF actually can accomplish!
  12. Thanks, rb. [And now I'll just keep my ignorant mouth shut here.]
  13. Thanks, writser, I'm certainly an ignorant about this kind of back office stuff. So just consider it a try to get a name of my primary brokers custodian for BCAM [if any now] for Spekulatius - hopefully - to get a direction for a potential "hole" through which to communicate.
  14. Ref. Nate's post, I've now opened a support ticket at my primary broker [in Danish, here translated to English] like this :
  15. I just hung up the phone on a conversation with my primary broker. I ended up in contact with a guy at the trading desk in Stockholm. He was very patient with me, listening to me through my lengthy explanation of the situation. His suggestion how to approach the situation was very much - if not fully - identical to the latest suggestions here in this topic from rb and Greg, while he also mentioned the alternative originally posted in this topic by Greg to ask for the share certificates combined with the DIY method for the rest of the process.
  16. Christ that sucks, Spekulatius, As you may be aware of, I own shares in a few French companies, too. This week is winter vacation week in Denmark, so all IRL stuff that I have as work in progress is pretty much standing still right now. I'll try to make some calls for you, to both my primary broker and my secondary broker. The shares in my largest French position [MC.PA] is at my primary broker, the rest is at my secondary broker. I'll call them both. It's my experience, that you get better outcomes by dealing with something like this by using the phone than trying to write page up-page down in an e-mail. And it's much easier [read : free] to handle by phone on this side of the Atlantic Ocean related to a French stock [ref. the Forward Pharma A/S situation some time ago]. I've been in some weird situations with stocks and corporate actions at my primary broker a few times, too, and I've never been let down on anything. - - - o 0 o - - - To simplify things just a bit, would it be an idea to get the shares "traded out" of the Roth IRA into a taxable account ["substituted" by cash from one of your taxable accounts]? -I mean, you have an "objective"/visible value of the shares [from the tender]. [internal records/transactions at IB.]
  17. rb, That would be the day! [Well, at least intentionally!] Tomorrow, I'll review my settings, to get this right! -I'm so embarrassed about this as of right now. Personally, I'm very happy to see you back active here on CoBF!
  18. Jeff, Thanks! [sometimes, threats actually work! - With regard to humor, it's still terrorism, but in a harmless way - And terrorists aren't to be relied on! - See CoBF tomorrow - nag-nag!]
  19. None since November 8th 2019? - Really? - If there aren't anyone, I'll post tomorrow about my migration from a Samsung S4 to an iPhone 11 Pro Max around Christmas. [Consider yourself warned.] - - - o 0 o - - - Please wake up, you buggers!
  20. 211 votes as of now. [i suppose for 2019 we won't come even close to the number of votes reached for 2018 - 264 votes.]
  21. Boersen.dk [February 5th 2020] : Ringkjøbing Landbobank A/S [RILBA.CPH] CEO John Fisker : "Negative interest on deposits sends bank customers on cottage hunting: "It's not because I stand and want to sell real estate". It makes a lot of sense to me, if the customer is affluent. Great time of the year to be a buyer in that particular market here in Denmark. Not sure though, if it's a great time to be a buyer in that particular market, taking the whole & overall picture right now into consideration. Instead of suffering from minus 0.75 percent annually, plus the drag from inflation [YoY ~1.5 percent here in Denmark as of now], why not get at least some joy out of the capital, perhaps even some rental income from the season, if you're not there in that period? [Like rkbabang has done recently.] No matter the entry point and time of entry during the cycle [well, almost], this kind of capital allocation will likely kill holding cash dearly long term.
  22. New Green Elephant Edition on its way - [Amazon ETA February 20th 2020][ - And no, I don't think I'm hallucinating [ <- [ ; - D]]]. - - - o 0 o - - - longinvestor, there is nothing forcing you to buy it. [ : - ) ]
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