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Everything posted by John Hjorth
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Berkshire Hathaway Structure Choice
John Hjorth replied to The Investor's topic in Berkshire Hathaway
Mr. Buffett has been an opportunistic cameleon all his life. He has mastered several investing techniques during his life with absolutely stunning grade of success, all based on his AUM and his market assessment at a given point in time. He wasen't excatly working for a nominal fee in the early days, but everybody involved were happy - to the extremes. Reading the Snowball uncovers a lot of his approach and investment angle at a certain point in time. -
Added to LUND B.STO [L E Lundbergföretagen AB, ser. B] today.
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Added to BAC, C & JPM today.
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Valid posts about BH from several fellow board members here - but not based on the time horizon applied by treasurehunt for this move. To me, it's more like SharperDingaan buying DB back in September 2016.
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I just want to say, to me, this is just such a brilliant move, treasurehunt. - For you, - to me - by the right reasons. CoBF hated stock - long term - tanking about 20 percent - almost - without visible reason. Please keep us updated on how this plays out for you, short term. You seem detached to the stock, which here seems to be a criteria of success.
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Already posted by wachtwoord as a reply to your question, emily.
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Buffett/Berkshire - general news
John Hjorth replied to fareastwarriors's topic in Berkshire Hathaway
General news: This is the 16,001st post in the Berkshire forum - since February 1st 2009. Fairfax is still ahead, with almost 500 more posts! I think the next investment idea to close the door among those on the tribune is SHLD [with almost 9,200 posts] - I suppose it's fair to say, that a majority of them are not created out of attraction! -
StubbleJumper & FairFacts, Thank you for a discussion, that to me has merit, and thereby is valid and fertile. Discussions like this is what makes CoBF so awesome. I guess it all boils down to personal trade offs based on preferences etc., combined with investment style [position sizing etc.]
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I like your new signature, Jeff.
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I Need a Laugh. Tell me a Joke. Keep em PC.
John Hjorth replied to doughishere's topic in General Discussion
Post by Jurgis in the BOLL.PA - Bollore topic today: I speculate, that this French public action is not even Saudian inspired, but actually Danish inspired! I think it happened here first! That's just how one handles troublemakers in general ... I'm not even close to a a bigwig financier ... - I think the tactics works on just about everyone considered a troublemaker. - Personally, I'm also more concerned with the succession issue, than the arrest as such! [Please don't take this post too seriously.] -
Simply put: Both wonderfull businesses - each with their own issues right now - some of those issues might be bugging you, others not so much ... I have never sold a share of any of them yet. I'm leaning - quite heavily - towards Berkshire though. If CoBF was a zoo -, in the meaning of the board members as visitors / spectators of all the fascinating "animals" [investment opportunities], Berkshire is to me considered this old & huge gorilla [many years ago a weak [old?] youngster] sitting on its butt in the corner, collecting all the bananas for insurance protection, if anyone inside the cave gets in trouble, giving a damn about every visitor /spectator. [Every time that enormous gorilla moves just as much as an fingertip, the heat goes up in the Berkshire forum here on CoBF, btw! [: - ) ]] Fairfax is more like that chimpanzee, being all over the place, steeling a hat, an umbrella or a pair of glasses now and then. [ : - ) ]
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[ ; - D ]
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vince, Here is the topic for further CHTR discussion.
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Added more BAC, C & JPM today.
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Most likely, this is only true relatively. It's likely just you getting one year older, each year. If you have kids, please enjoy how they develop over time as the years go by. Death is the natural end of life. The worst that can happen - in case you have kids - is that you loose a kid, instead of your kid is loosing you.
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Added to BRK.B, BAC, C, JPM.
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WFC. [All out.]
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Update of Evaluating Performance Essay
John Hjorth replied to racemize's topic in General Discussion
Thank you for sharing, Joel! -
Buffett/Berkshire - general news
John Hjorth replied to fareastwarriors's topic in Berkshire Hathaway
Thanks Cardboard, I coulden't immediately find or remember the situation. Here is the original Berkshire news announcement from the Berkshire website. -
Isen't there missing something in the footer, center location on the preprinted White House paper, small script: "Powered by Twitter"? Just like we here on CoBF have the following in the footer: " SMF 2.0.15 | SMF © 2017 , Simple Machines [Give credit when credit is due.] - - - o 0 o - - - I hope it all turns out good. There is nothing I can do about it. It's just a living condition for me. Off topic: Finally got court approval today for the financials for the estate of the late mother to the Lady of the House. 15 months of arm wrestling with the Court and The Danish IRS almost over. Spring is here, the sun shines from a blue sky [, and no nukes in sight].
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I Need a Laugh. Tell me a Joke. Keep em PC.
John Hjorth replied to doughishere's topic in General Discussion
Life is when you get a call from a former colleague, who wants help to get Outlook up running on a gmail account on her private computer - to absolutely no avail, and afterwards, you ask: Me: "Hey, [obviously] I coulden't help you here ... - but perhaps you can help me?!" She: "What's your problem?" Me: "You know, I operate daily, based on two laptops, with two wireless mice and and one wireless keyboard connected to each laptop. To each laptop I have a Logitech M570 mouse connected - since about two years. Those mice have become harder and harder to use. How do I rinse them?" She: "-Just pop out the balls from beneath, rinse, and pop the balls back in again!" Me: "Thanks!" - <While at the same time wondering about the articles from The Economist worrying about world wide fertility decline>. -
An other way to express my own experience with Shareville, alwaysinvert. [ ; - ) ] - - - o 0 o - - - PS : I'm still in love with your idea: Rederi AB Gotlands [mentioned by you in 2014 here on CoBF], but I'm just too lazy to go through the hazzle to get some shares. It's a very cheap stock (perhaps cheaper than ever) with a rock-solid earnings stream from a monopoly business. They have done large buybacks in the pas, but the latest one was in 2011. I still think that at some point value will be unlocked, but many people are uneasy with being minority shareholders in a company with a very strong majority, especially when they don't dividend out the earnings regularly. I wrote up the stock on my blog way back (Swedish): http://vardeinvesteraren.nu/vardeinvestering/gotlandsbolaget-del-1-presentation/ http://vardeinvesteraren.nu/vardeinvestering/gotlandsbolaget-del-2-analys/ To me, this investment definitely needs its own topic in the Investment Idea forum, alwaysinvert. - To me, even if it's limited to a discussion between you and me. [Perhaps other board members catch up along the way! [ : - ) ], or not.] I hope you'll open it, or I'll do it next week! - - - o 0 o - - - I superscribed my prior comment quoted above about being lazy. I'm not. I'm just strugling with the Probate Court for now for about a month about the reporting to the Court and the Danish IRS for the late mother of the Lady of the House here, who passed away 2th January 2017. That has priority. One knows that, when your significant other is straight out black in her eyes surroundings in the morning, based on worries - affecting sleeping well. I'm not the guy who yields, when I'm right, but it's been really hard to her. - - - o 0 o - - - Now back to Swedish DIY investment boards.
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Pretty precise description of Shareville, when NVO tanked about 40 percent in late 2016, Spekulatius!
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An other way to express my own experience with Shareville, alwaysinvert. [ ; - ) ] - - - o 0 o - - - PS : I'm still in love with your idea: Rederi AB Gotlands [mentioned by you in 2014 here on CoBF], but I'm just too lazy to go through the hazzle to get some shares.
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Thank you, alwaysinvert, I always appreciate your input and information sharing about Swedish investments, and now also about the Swedish DIY investor community & sphere. Have any of these forums been to any value for you?, and if affirmative, which one(s)? [i've got a quite clear perception of your investment style over the years, I think.] - - - o 0 o - - - I'm a member at Shareville. Basically, to get full use of its features, one has to be customer at Nordnet Bank AB. I never discuss there, its to no avail. But it's a very good place to study actual crowd behavior. [i'll be happy to elaborate, if wanted.] - - - o 0 o - - - What made you ask the question, misterkrusty? [ : - ) ] I suppose you are a North American investor.