ValueMaven

Sorry - I bought the OTC - FRFHF

Bought some ADRs at $910 !! Very weak case IMHO ... the float here is very right and illiquid - this can quickly backfire on MW

Forest River made a $300M acquisition ... https://stnonline.com/news/starcraft-parent-company-forest-river-acquires-collins-bus/

Bought some HES. Oil decline is overdone, and there is an 8% spread into the deal. It's a cheap bet on CVX, and the spread closing in early 2Q24. CEO seems committed to the deal.

For fun: Assuming no additions or sales ... what is your 30Yr portfolio hold. 2054 (!!) More concentrated the better: 1) Constellation Software 2) HEICO 3) American Tower 4) Moody's 5) Berkshire

The issue isnt that this is family owned. The issue is that Berkshire didn't acquire all 100% at once.

This is a decent asset for Berkshire. Not an amazing one. I hope they have just settled and push out the Haslams. The more I learn about 'Big Jim' - the more I'd rather Berkshire not have done this.

Wow ... Berkshire likely settled. Honestly Pilot was never going to win. We should see a press release on Monday AM

By size: CNSWF MCO HEI.A LBRDK AZO MKL

https://www.wsj.com/finance/greg-abel-berkshire-hathaway-executive-6b7d8988?mod=hp_lead_pos1

@Parsad are these new? I dont think so .. they are not time stamped ... I thought these were written for the 50th year anniversary ... might I be mistaken?

He was also unaware of the article - which is odd for a corporate board member.

Total BS and I am sure there is a logical answer here re: personal trading.

First Citizens has two interesting series A and C preferreds which are yielding about 7%, and trading about -20% below their par value of $25. Fairly interesting and safe option imho.

@crs223 I view i bonds as emergency/retirement cash as well ...

I view i bonds as forced savings and retirement $$ ... I max out everything, 401K, HSA, and even do my employers ESPP which has a -15% discount at time of purchase. For the past 5 years I've been allocating to i Bonds on 1/1 of the new year. Not everything in life is about squeezing out the last 100bps ... at least for me anyhow. VM!

Utterly ridiculous ... well said @gfp

I was blown away by Todd's interview. You can see why WEB and Charlie hired him. Same for Ted. These guys are unique and PERFECT for the culture at Berkshire.

Bought more NEE today

I dont like anything BN related ... sooo ... BIP is really just an Infrastructure PE firm - they flip everything. Plus I dont buy LPs ... and BIPC has too high of a C-Corp spread

Bought NEE

Grants Interest Rate has a very compelling piece on the reinsurance industry and the hard pricing market current occurring. While FFH is not specifically mentioned, there are some interesting nuggets in the article.

Yea - this is a great asset for sure. Would have love if they bought Oncor several years back ... but BHE is really turning into a componding jewel within Berkshire. Between the D pipeline assets, these LNG assets plus natural growth capex - BHE is a growth engine for sure. So glad Charlie finally let BYD go. What an epic investment BTW - at some point over the next 12-24 months expect BIP to try and monitize its stake in Clove Point (asset rotation) -- so its likely over the next few years BHE will own 100% of this asset. Wow.