CorpRaider

I will struggle with the self-loathing if it's Google. Markel would be weird, but I could get enthused if he was like we're the biggest holder now, Gayner is 100% in charge.

BK, I really like that new impossible whopper. ;D

I started looking at a couple of the Japanese trading cos with ADRs after the BRK investment. As a retail schmuck, I set it aside, deciding it was probably more attractive for me if I gained potential options on future JVs (i.e., by going through BRK).

WoW

At last disclosure (the 10-Q), Berkshire owned 964.5 million Apple shares. Multiply by today's price and you get $126 Billion pre-tax. Unless he sold some after quarter end. I saw this video back in 2003, and I was too clueless to buy anyf APPL, when I should have backed up the truck. I wrote like two blog posts about how Buffett, the GOAT, was going to over index to Apple and the rest of active managers were underweight when he was buying it and that I would bet with him any day. Then, I went and bought some damn fool trash stocks instead. haha

VIAC keeps ripping on these like vaccine announcements and stuff with value and I'm like "I should sell this, it's just getting caught in with the value basket." Then it fades to the end of the day. Oh well.

100% agree with you about the housing and transport Greg. Wish I had figured that out a car or two earlier. ;D

Sorry for necro thread. I was about to reply to Neckar capital on Twitter about this guy and remembered this thread. Just wanted to add there are a few details about Buffett's view on the Wattles in question (unsurprisingly, you guys are right it's the Jersey guy as far as I can tell) in some of the early Forbes/Fortune interviews (was just "leafing" through those incident to this message to Nekar cap)...the 1969 interview with Forbes quotes WEB talking about the Wattles of american manufacturing (the jersey guy). Valuewalk has a pdf of some of the articles available for download in his site. I tweeted a link.

My "Beardstown Ladies Method" annual return for 2020 is 25%. Did about 6% across the portfolio, but a lot of that is indexed/AA. I actually posted a loss of almost 12% in the soon to be renamed Shadenfruede Fund (just an IRA I putz about with and actually track closely). In my defense, if you did really well this year, you are very likely a dope. ;D BRK was up ~1.5%; RPV was down ~9%; QQQ was up ~46%; ZM was up ~400%, and that ticker that people thought was Zoom, Inc. but was actually totally another unrelated company was up ~900% (kidding).

Merry Christmas and a Happy New Year! I will refrain from commenting about "roaring 20's" this time...oof level 1000.

Same.

NTCO.

AIV

AIV

Haha. Maybe I will try renting one first.

I like him. Seems nice and smart. I've watched/read most of his stuff. I think I follow the reduced liquidity/higher volatility hypothesis which I gather (if I'm able to follow him) is actually what he does/uses to inform his strategies to make $$$ (my caveman way of articulating it is basically he thinks many derivatives are underpricing this risk/feature of markets). The sort of hypothetical endgame about the value premium: I don't think he's actually betting on, but it is interesting to think about. Seems like maybe the price simulations and like extreme conclusions could be missing the impact of carry/actual businesses doing stuff with their cash (i.e., mkt is not just zero sum traders back and forth...there are bidnesses and cash and income/shareholder yield derived therefrom).

A boat? ;D

What's your @twitter BG?

AIV

I'm going to try to do public school if at all possible. I feel like private school (outside of like nationally elite schools) kind of cuts off the right tail. Anecdotally, there also seems to be more drug use and other issues due to the resources prevalent among the kids (or something). Likely to build a better/more useful network, which is probably the main positive factor. I sort of feel like the best plan is to get the fancy imprimatur on the final degree, all else being equal.

AIV

Whelp.

BAC, WFC :o

FCNCB

AIV, JBGS, BRK.B, DIS, TD