adesigar

In my area 1 house sold for 1M a few months ago. Now a nearly identical house (same floor plan, similar upgrades etc) has been on market for 50 days and price has been “reduced” to 950k and no takers.

I dont think Buffett will go below 70 Billion in Cash. I think we might be at 85-90 Billion by end of the month.

Added to JOE and BRK.B

A little PSH.

Don’t you mean awesome.

I think I get what Gregmal is saying. The current inflation is hurting the big companies and rich shareholders but is helping the average workers. A big part of the inflation is wage increases because of the extremely low unemployment and high no of job openings. This is good for middle class workers because companies have to pay more and the Fed Reserve is trying to destroy it by raising rates which will cause companies to fire people and increase unemployment to bring down inflation.

Yes I said $10 in taxes for its shock effect. No I don't think there is even a remote chance it will happen. The populists in both parties would raise hell. I want US to close the gap it has with some of the Western European nations when it comes to Obesity and Healthcare costs. Its taking up 20% of US GDP. I want excellent public transport so people NEED to have a car. Then how will high fuel prices affect people? I want the infrastructure to not need constant repairs because of heavy usage. And i agree that we need to fossil fuels for fertilizer so why is it being wasted. We can drive using solar and hydrogen we cant use it to grow our crops. The US should save our fossil fuels for our food and health products and other items where there is no alternative and not waste it on cars. That why I specified taxing only Petrol/Diesel. If it causes demand destruction for Oil so dictators and terrorists don't have the money to do anything that would be great. As for Global Warming here's how I look at it. If someone gave you a gun with 1000 chambers and a single bullet in one of the chambers and said pull the trigger for a million dollars there's just a 1/1000 chance you will destroy your kids/grandkids future. Would you do it? What if it was a 1 in a Billion chance then would you? Im guessing the answer from everyone reading this would be NO. So if there's even a 1/1000 chance that we end up destroying the planet how is ANYONE comfortable with taking that chance?

Like I said billions of people earn less and pay more and do more than absolutely fine. Some people just parrot the drivel they hear on Faux News.

Guess what people in 3rd world countries earning a fraction get by with paying more for Gas than people in the US. Tax the gas in the US to force alternatives and you solve Americas obesity, healthcare expenses, noise and air pollution, public transport, infrastructure issues, dependence on foreign oil, funding of countries like Venezuela, Russia, Middle East who rely on petroleum revenue and yes also reduction in greenhouse gases.

I think there should be a minimum $10 per gallon tax on petrol/diesel. That would solve a lot of US problems in just a few years. But the Climate change is fake news morons will rather burn the planet before giving up their gas guzzlers.

No way to tell what Buffett did with the market drop. He could have spent anywhere from 5-50+ Billion on stocks/Buybacks. He was buying AAPL at 150 and BRK at 320. My best guess is Stocks + Cash is down by about $55B which is about 10%. Last book value was $230 per B share so new book value is probably about $207. So I think BRK is trading at about 1.47x BV.

Powells confirmation went through so maybe he will take the kid gloves off and increase rates by 1% at the next meeting. Probably wont happen but that would be great.

BRK.A and BRK.B

ARKK down 75% from peak, Some of the ARKK holdings are down 80-90% from their peak. Stuff like BABA, KWEB, CPNG, ETSY, SQ, PYPL, NFLX are down 70-80%. Indexes are being help up by a few stocks. I have started buying select stocks. I hope the quality names drop another 20%. I want DIS under $100, BRK under $290, PSH is at my buy because of Ackmans Interest rate swapation Hedges. Have a lot of JOE already but would love more under $40. Would also consider ARKK under $35 preferably under $30. Gregmal ETF stocks if they dropped another 10-20%. Come on Mr Market.

During the Q&A Warren Buffett seemed to be rambling.

According to those charts, San Francisco and San Jose are undervalued and Panama City FL is Overvalued.

If asked I don't think he will answer. Its got nothing to do with BRK and they don't answer questions about individual stocks.

DJCO reduced stake to 300,000 shares. https://www.sec.gov/Archives/edgar/data/783412/000143774922008649/xslForm13F_X01/rdgit041122.xml

Neither did Steve Jobs

BRK MKL COST JNJ PG DIS DVA ASML DHR

https://www.reuters.com/world/us/us-senate-approves-bill-that-would-make-daylight-savings-time-permanent-2023-2022-03-15/

Hobby board games. There’s everything from simple bluffing/party games and Cooperative games where you defeat Marvel villains or try to get Marty McFly Back to the Future or solve cases like Sherlock Holmes to running corporations competing to Terraform Mars, Train stock trading in 1800s US and Europe, Sid Meiers Civilization, Galactic Conquest, Historical games, etc etc. About 3000 new games come out each year. Walmart has some but Target and Barnes and Noble have a much better selection.

Latest Hobby is It changes every few years.

China manufacturing <---> Russia Energy.

India buys over 50% of its defense equipment from Russia. They have China on one side. They have Pakistan which is funded by the US on the other side. I'm sure you can figure out the rest.