adesigar

If I was a democrat I would buy. If I was a republican I would sell. That way whatever the election result I would be happy.

Imagine if the idiots in DC allowed Investing social security funds and other government funds in the stock market like the Norway and Singapore sovereign funds would the USA even need to take on debt.

Need Democrats in charge of taxes and Republicans in charge of spending.

I doubt he is bothered by China risk for AAPL. Risk is nowhere close to TSMC. I think he is either really worried about the economy/tax increases or is making BRK more manageable for Greg Abel before he hands things off. I really hope its not some huge one time dividend. What's annoying is that he could have bought back so much more stock in 2022/2023 but didn't.

Berkshire should already be on this list. It should be above XOM.

Hope part of it is Buffett doing a large buyback.

Why do you think BRK earnings will drop to $40B? Also why do you expect BRK to stop earning 5% in tbills but you can keep earning the same 5% in Cash?

From what I recall Buffett believed more in Melinda gates for the philanthropy than Bill Gates. With her gone it makes sense that he doesn’t want to give the rest of his money to the Bill and Melinda gates foundation. Also his kids can probably handle it better now than they would have been able to almost 20 years ago.

Completely agree. Only morons read shit like that.

https://www.foxbusiness.com/fox-news-auto/eighth-circuit-decide-should-car-insurance-cover-stds I guess GEICO may have to increase insurance rates even more.

We have been with Costco insurance for almost 2 decades. I haven’t checked in the last few years but before that no other company (Geico, Progressive, Farmers, State Farm etc) could match their rates.

More likely Denmark/France/Austria

https://www.timesofisrael.com/for-years-netanyahu-propped-up-hamas-now-its-blown-up-in-our-faces/

I think Steve Jobs was a horrible person. https://en.m.wikipedia.org/wiki/Lisa_Brennan-Jobs

Hmmm. The only people that would stay away because of this from American financial markets and New York are going to be people who would like to be able to lie/cheat. I fail to see the downside to this. I’m super happy that Berkshire decided not to take the risk financial and political.

So in one post you went from. Trump is terrible to MGGA(Make Germany Great Again). Also the westernmost part of Russia is Kaliningrad. which is west of Lithuania and right above Poland.

Operating earnings + investment portfolio gains is about 60B-70B per year. 900B market cap is still not close to fair value. I feel it should be closer to 1.2T

and going back to 1984. BRK has outperformed TTC by 2.5x. So what is the reason for this random comparison from an arbitrary date?

Reminds me of the Warren Buffett quote “When they have any doubt about whether a particular decision or action is right or wrong, they should imagine how they would feel if it were reported the following day in their newspaper, with the assumption that the write-up is authored by a smart but unfriendly reporter and is read by their family, friends and neighbors.”

KO did not perform great since 2000 but it didn’t do as badly as some people think. I think it’s about 6-7% per year total return with dividend reinvested. Not great but not as terrible as just looking at the chart would suggest.

I don’t think I would call 5% as bullish. That’s about what you get with a savings account.

When buying our house we had a max size of around 2200 sqft. We didn’t see any use for something bigger. Current house is 1700 sqft and very happy with it. A bigger house is just more money to buy, higher property taxes, higher insurance, more to furnish, more to heat/cool more to clean and maintain and we end up with more stuff.

I hope it stays that way. I would hate for it to go the way of Goa and Konkan beaches.

This sucks. He was so close to his 100th Birthday. RIP Charlie. Thanks for all the wisdom.

Yea I’m concerned that AAPL 2023 could turn out be like KO in 1998. Edit. If only AAPL would buy a bunch of BRK shares and they could swap.