John Hjorth

The holding company does not guarantee the debt of BHE. Depending of how extreme such an adverse scenario would be, I can't imagine BHE would not get the financial support needed from the holding company to ride it out. In a severly adverse scenario it would likely be a state and federal matter, too.

John, There could be but I am not seeing it? I did mean BK, Bank of NY Mellon. Mike Mike, Thank you for your elaboration. I got it wrong as basis for my post, and I've now got it, thank you.

boilermaker & Dynamic, I like your picks. [isen't there a typo in your post, boilermaker?]

Thank you for sharing, longinvestor. Fascinating stuff! I used the "Look Inside" feature and got hooked. I just ordered two copies. One for ourselves, and one for a close friend to the Lady of House for many, many years. She's an avid environmentalist, and she considers all plants, trees etc. living creatures. Personally, I have always thought she has been "overdoing" this approach & angle. It's never too late to learn something new, and adjust personal view on anything. Giving her this book will at least also be good for my personal score sheet at her for this "always fact based "jerk"". [ ; - ) ]

Not exactly related to European energy as such, but related to the general energy discussion that has taken place in this topic: The Economist: Daily Chart [2018.03.28]: What a ten-year-old duck can teach us about electricity demand.

Great discussion, thanks! I apologize for louzy phrasing in my starting post [about the use of term "psycopath" - I actually agree to a wide extent with rb here]. I'll chim in later - I'm too busy today. [long & entertaining story to come!]

Yes, pretty entertaining read, actually. One can almost picture the whole thing going on - and picture those Germans chewing on it right now. I love it!

Awesome advice augustabound! Thank you for sharing.

Thank you for sharing, Cigarbutt, It would have been nice, if there were some notification feature to enable on the Giverny Capital site. There isen't. Those gents Mr. Rochon and Mr. Bouchard seem to me to be so much in their very own leauge with regard to holding on to their own thesises & work, persistence & patience, that it is to me almost about mindbogling. If you have any information about how opportunistic they are, your sharing of that will be much appreciated.

More talk while kicking tires here, about the search feature here on CoBF: If you look at the top left, you have "Home", "Help" & "Search". Please try to click on "Search", and after that "Advanced search" in the lower end of the screen. To me, this is just such an awesome feature, where you can narrow in your search criterias. It works great - and I use it a lot! - Please try to tinker and mess around with it! You actually have access to ~317K posts of wisdom in ~15K topics from ~3K investors, which have to be read in their very own context [time & market - actually all the way back to "The Big Bang" [GFC - CoBF got rolled out a few days before the market buttomed out]. To me, there is no book that can compete with this, because no book is dynamic!

Off topic: investor-man, To me, you need to revamp and update your board signature! [ ; - ) ] - To me, always contributing posts from you, thank you. Please keep them coming!

Has any of my fellow CoBF board members been involved in forensic work? -Personally, I have. I know there are lawyers and other [, retired or not] auditors [both by profession] active here on CoBF. - - - o 0 o - - - It's just such a fascinating game. In such cases one is [most likely] dealing with psycopaths. It - according to my experience - almost always - ends up as a game - that can be considered some kind of weird combination of Chess and Poker.

rb, response about as I personally expected. Thanks.

Sometimes, one here on CoBF, asks questions - "out in the open", so to say ... "without knowing which pot you stir" - one thing is sure: You never know whitch response you get. Always educational and enlightning [- at least for me]. - - - o 0 o - - - rb, do you care to elaborate - just - a bit? [Yes, I dared here to ask...]["No" will also do...]

Have any of you - writing client letters - managing other people's money or not - considered to "recycle one of your upbringings" from your client letters, or whatever you may call it, - and thereby submiting it to SA for release? - - - o 0 o - - - Tim [fellow board member TBW] has already done this with KMI to get SA Pro status.

Cognitive biases here, Scott? [The study of fading of geriatrics is actually fascinating - and depressing.]

Thank you for putting some colour on this for those of us that are non-subscribers, WneverLOOSE, I speculate and suppose, now that the operational responsibilities for all the Berkshire subs have been delegated, Mr. Buffett somehow feels bored and - perhaps - started to pump subscription sales at OWH. [j/k - ; - D ]

The video does not appear to support the article text. [?]

Here is the video of todays FOMC press conference.

Federal Reserve FOMC Meeting Transcript is out. The press conference will take place today at 2:30 PM ET.

That reads absolutely ridiculous, if SA here hasen't tightened the ship totally, kab60! [ : - ) ] I just looked at the website, I could not see a link to an app anywhere. Is the app that you're using an app that you have downloaded from somewhere, kab60, or is it that you're ["just"] browsing the site from mobile/tablet?

Thank you, Joel.

Eric, I just checked. There seem to be a 2017 Kindle version available from Max. On lulu.com I unfortunately only see the yellow hardcover with the 2014 Letter being the last one. I think I'll try to write to Max about it.

Thank you for sharing, globalfinancepartners, Like a clockwork, ref. another recent topic here on CoBF in the Berkshire forum. I particulary found this section of the proxy entertaining - I suppose Mr. Buffett must have been laughing in his car all the way from office to home at the end of the working day after approving this - poor guy, perhaps he needs both free coke and free burgers at office soon:

ValueMaven, Here you go, to get rid of your hunger, thanks to Joel [racemize]. [ : - ) ]