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Buffett_Groupie

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Posts posted by Buffett_Groupie

  1. "The company that needs a new machine tool, and hasn’t bought it, is already paying for it. " - Charlie Munger quoted the Warner & Swasey Commercial in Poor Charlie's Almanac

     

    "The investor who discovered Berkshire Hathaway early and didn't own it, is already paying for it."  :)

     

    Enjoy: http://finance.yahoo.com/quote/BRK-A

     

    One of you folks should simply place an order for $300,000 to make history! LOL  ;D

  2. Dear all intelligent value investors:

     

    Last year when oil was at $48, http://finance.yahoo.com/quote/USO?ltr=1 was trading at $18 and now oil is at $53 and USO is only $11.75.

     

    Also, when gold was at $1,300 more than 3 years ago, http://finance.yahoo.com/quote/NEM?ltr=1 was trading at $33 and now gold is $1,160 and NEM is trading at the same level.

     

    How does each make logical sense?  Or how do you explain it?

     

    Please enlighten me...

     

    Yours truly,

     

    Puzzled

  3. This one is a home run, it is amazing just how much this is paying back in dividends already. It is more likely than not that the entire original investment (9.8 billion) will be paid back in dividends in less than 10 years.

     

    Total shares owned:

     

    325,634,818

     

    Dividend per year:

     

    749 million

     

    Market value:

    27.4 billion

     

    What's Berkshire's cost?  Also, do you have the figures for QSR, also a major Berkshire investment, right?  :)

  4. Thank you all for sharing the experience and advice.  We live in Toronto and my son majors in Economics at NYU.  His passion is in film-making, but realizes the only job available after graduation is to wait on tables  :(

  5. Hi, all respectful value investors:

     

    Kindly let me know if your or any organization you know is hiring summer student for 4 months starting May.  My son is a first-year university student and looking for a summer job.  He's willing to do any type of office or field work before resorting to the last resort of working at a fast-food joint.

     

    IMHO, a first-year university student's choice is very limited regardless what their major is because initially they have nothing to offer to the employer and adds no value to the company.  The only useful skill I can see is his expert use of various social media apps.  Hence, it's understandable for employers to give him skunk work such as photocopying, data-entry, data-cleansing, cold-calling, data-collection on the web, regardless his intelligence level.

     

    By the way, he gets more thrills from crashing a professional baseball game in Korea (https://youtu.be/Ke_XgF35LSg) and getting 80,000 hits on YouTube than meeting Buffett in person.  Can't understand the teens nowadays  >:(

     

    There's no need to lecture him on pursuing one's passion or doing what he loves.  Any other tips on helping a teenager find a first job are helpful and will be greatly appreciated. 

     

    Thanks!

    2015-05-04_Interview_with_Buffett.thumb.JPG.fccb072c2214b1b0f263c0ca4916b4c5.JPG

    2015-05-04_Mark_and_Buffett_2.thumb.JPG.1eed14b247b17bd987ceb828be69614c.JPG

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