yesman182

I personally would like to know how long Greg wants to work. Does he really want to dedicate his life to carrying on warrens legacy. I am sure he is smart enjoys learning etc, but it seems like managing the day to day operations would get tiring. Maybe he makes himself chairman and gives more operational responsibility to others in time.

I don't speculate about WEB buying big tech because he has articulated his reasoning for not buying it publicly for the last 30 years.

This is what I was wondering. They love their American Express, but can’t buy anymore. They also aren’t scared of consumer finance with ally and cof.

I agree, the only way this is cheap, is if they buy some company for 100 Billion tomorrow with a 15% ROE than you are looking at like $64 billion of earning on a 760 market cap or < 12 PE. Maybe WEB thinks that a large acquisition is more likely in this environment since private equity will have a higher cost of capital and banks might have tighter underwriting standards (if higher for longer lasts)?

5% on a $1,000,000 house yes,2% no. Seems like other parts of the world are closer to 2% than 5%.

Android is not a strong competitor in the high school world. I think I lot of those students will not want to trade down to android in the years to come.

Seems to me that this will hurt small firms a lot more than large firms. When I saw this ruling come out I thought Redfin and Zillow would pop, since they already offer commissions less than 6%. I know I was sure happy with the verdict. I hope we can find a way to have sellers pay less than 6% to sell a house.

I agree @gfp is a must read poster.

Are you ready to start buying LPX again?

Where did the $82Billion value come from? Is that the book value if BNSF?

What kind of sales? I haven’t seen them out their kitchen cabinets on sales in years, but they seem to always have a few couches and lamps and what not on sale.

What's the thesis on Standard Motor Products? cars are older and need more parts? I have always thought of them as a no moat business. I curious to hear what you see.

we were in the same position. our son would cry in the night so the easiest was to put him in bed with us. That was fine until he slept sideways on your pillows kicking us in the head all night. We used https://takingcarababies.com/ and he hasn't been in our bed since. The first night he cried in the crib with his mom sitting outside the crib for an hour, the next night was 20 min, the third night was 10 minutes and then minimal issues. The course is like 50 videos, so you get you pay for and so it will take hours to watch, but it worked for us.

We used https://takingcarababies.com/ too and it solved all out problems as well. We watched all the videos and then put the plan in action. Things aren't perfect but it was money I would spend again in a heart beat.

I had never seen the quote where buffet said "The very best we hope for is – on average – to double Berkshire’s per-share intrinsic value every five years, and we may well fall far short of that goal." So in 1996 is was shooting for 15% annual growth.

Are you laughing because it’s so small?

Yeah I have listened to all of them. Much appreciated. I hope whoever owns that material allows it to live on YouTube forever.

One way to play growth in mass timber would be to invest in simpson strong tie. No mater who makes the lumber you will use either simpson or mitek hardware. I think simpson is the leader in the space.

Can you buy on Schwab or it is just giving a price? I can get a price on Merrill, but I cannot buy.

What is the best way to buy Fairfaix financial as a US stock holder? What are the considerations for the different shares?

https://www.barrons.com/amp/articles/citi-preferred-stock-dividend-7a338456 this article talks about a citi preferred with some interesting characteristics, it was yielding 10%.

I think it was 50-60 not 500-600. But I too cringed when I heard that. At some point they had one system, then 2…… I don’t understand how places just keep adding disjointed systems on top of each other, especially at a place like Berkshire. Really disappointing. In my past life I would come across so many SAP systems that had all these weird layers of software cobbles together half talking with either other.

Anyone do the math to determine the buy back in April? I was surprised to see them buy so much at the $310 average in March.

Kinda like how he slaughtered the Norfolk southern ceo on that interview in Japan.

‘you evaded that question beautifully’. Is how I viewed it