phil_Buffett

i dont get this deal. i dont now if google will be the winner in AI. I doubt greg knows it. Last year alphabet was in the doghouse, now they are buying at the top. why holding this big piece of cash years long only to spend it on the top. bullshit for me, even if iam idiot and greg and all the people who like this deal know more then me. ( i have a sizeable brk position for years) but this start to get to point where i have to sell. i dont get the decisions. BRK always make the deals, buy rabbits out of the hat, make brilliant deals, smart add ons. But alphabet at this price, with a uncertain future, sorry....

was holding this thing since Pabrai invested in FCA. Ferrari Spin and then i was selling after a time the ferrari stake for big gains also FCA and after a time bought exor. To wide discount. but the last month i had a bad feeling and getting confirmed that right now the thesis is broken. Ferrari is in front of a transformation and they are ruining the brand, stellantis still is shit, cnh also, and the discount widens or stay the same. so the thesis is broken, i made in the past a lot of money to be contrarian to the market but right now the thesis is broken. It is the small things that also happen, like the juventus black hole. If you are really interested in achieving the best outcome, start with everything. and juventus is a black hole, but they are to heavy exposed with emotion to this football club. nothing more, the thesis is broken. elkann is in deep trouble with ferrari. This has nothing to do with Enzo Ferrari. I know that they will be People who defend it until the end. be honest to yourself, it is only confirmation bias for a awesome investment (it is not)

Today out Exor (look at the Exor and Ferrari threat) thesis broken, UMG out, the same company bullshit as Exor. Horrible Management. Tencent as Luke posted the feelings for it in the thread. Booking Holdings to add more to Safran. Alphabet sell and bought more Amrize and St Joe, SPGI and Visa. Pretty busy day. Dont like the activity, absolutely hate it, but i have to do something

Ceasefire already broken. Trump did the biggest mistake to trust Israel. This thing is so complex and an absolute desaster for him and the world. iran vs isreal, the middle east conflict for decades. It blows up right now in our faces. two stubborn parties. in my opinion trump will escalate soon again, maybe this afternoon, tomorrow morning? he maybe have to go nuclear, this thing will never ends otherwise. and this is the scariest part. since 18 years iam investing, always optimistic, but this whole thing scares me very hard. Maybe its time to go all in berkshire?

sounds good and i absolutely can follow your thesis. i hold it longer and therefore have to admit i made a mistake. management will not change. great IP and great company but with this constellation they are not interested in increasing value. Management will make their pockets full and Vincent Bollore will also make its Pocket full. Billy Boy and I made a mistake. Great Company for sure, great IP, but sometimes it doesnt matter if the company has a great product oder good IP when the company is operating not good enough. management and Vincent Bollore are certainly not alligned with me. This was a mistake to think they will create Value. For their pockets for sure

universal music is an absolute disaster. why are they delaying the us listing? sure we have problems, but this company is a joke. i have it and have to admit it was a mistake, the same mistake bill ackman did. Price since Ipo way to high and they are not showing the results. CEO gets way to much money and doesnt care

iam a long term Board Member, was very long passive now back. I start with my Portfolio for 2026. Iam not quite happy yet and probably will change something. Goal is to hold around 20 Holdings. Nintendo Berkshire Hathaway Visa Exxon S&P Global Lindt & Sprüngli Rational Alphabet Safran Amazon Mc Donalds Philip Morris Procter & Gamble Diageo Rentokil Novo Nordisk TKO Group MGM Resort Ferrari Cellnex Zoetis Richemont Biontech Portfolio weighting descending

MGM with buyback. Rentokil new Ceo and hopefully more pressure from Peltz. Safran. Ferrari. Zoetis Rebound. Amazon and Alphabet. Biontech. Nintendo, Diageo. Rational AG from Germany is a German manufacturer and retailer of commercial and industrial kitchen equipment for thermal food preparation, Market Leader worldwide. very high ROIC and Share price is around P/E 28x.

since months only good News, and the fu... stock goes down and down >:(

i would suspect that it is because most of zinc mohnish bought at very low Prices. around $3-4 per share. therefore i think it is growing to 15%

http://frenzel-herzing.com/dhando-investor-meeting-2015-a-day-with-mohnish-pabrai/

congrats packer!! great stuff and great Investor ;) :)

http://www.bloombergview.com/articles/2015-04-01/russia-s-recovery-won-t-have-to-be-oil-driven

the euro is going down very quick. i bought a lot of Long term us stocks at euro usd 1,40 so this is a nice boost to all my us Holdings, and i think a lot of european Investors here in the Forum also enjoy this Thing. but now my question, what do you do now? i believe that the euro will fall further and maybe dip under 1. the us is much stronger than the euro These days. do you hold your us Holdings without forex hedge now, or with forex hedge? or what do you do in this Situation? would be interesting to hear thoughts. i maybe trim some us Holdings and expand more in the europeans.

RIP

yes absolutely :). as a whole i find ackman great and his Investment really nice value Investments. all of his company´s doing great.

iam right now reading the issue. really nice. ackman on fannie and Freddie. We saw this as different from Fannie (FNMA) and Freddie (FMCC) because we thought MHFI was a potential double, while we think we can make 25x our money in Fannie and Freddie. A small investment in Fannie and Freddie can still be very material in terms of profits for the firm, yet if something happens and we lose our entire investment, we won't really notice. For MHFI to be a meaningful contributor, it would have to be a big investment.

interview with bill ackman and more Graham-Doddsville_Issue-23_Final-1.pdf

here gio :) 2014-PSH-Annual-Update-Presentation.pdf

http://www.valuewalk.com/2015/01/pershing-square-capital-annual-presentation-shareholders-slides/ bill talks about his stocks. very nice. btw iam Long Restaurant brands int. , fannie and Freddie common and platform specialty products.

merkhet would be great to hear from you and from the other members of this board, what are your General thoughts about fair value of fannie and Freddie of the common shares? ackman says 40-50$. i think if some things go right (court case and so on) we certainly can have a share Price around 13-20$ for the beginning.

http://timhoward717.com/2014/12/17/the-continuation-of-the-sweeps-through-the-conservatorships-is-a-violation-of-every-principle-established-in-bankruptcy-and-in-the-more-than-80-years-of-fdic-bank-resolutions-michael-krimminger/

i doubt that he sold out. he just not disclose the stake. nothing more.

thanks merkhet

http://www.marketfolly.com/2014/11/bill-ackmans-fireside-chat-at-invest.html more comments about fannie and freddie