jbwent63

There are so many things the press either gets wrong or is too lazy to figure out. Just another example of spending a little time, understanding how the rules work, and reporting proper information. It's unfortunate that the sale had to be telegraphed, and the value dropped so much as a result, but the gain is still huge and a big win for BHE.

+1

My guess, and its only a guess, is that the $2,861 includes the $2,284 plus the equity income from KraftHeinz, Pilot, Berkadia etc, but also note that the amount is Insurance and Other. There may be some investment income earned in the Other units (MSR for example), which are immaterial and therefore not disclosed. It would be helpful if there was a reconciliation somewhere in the report for sure.

When all the regulatory filings come out, it will be interesting to see if an independant valuator provided an opinion on the transaction from the minority shareholders' perspective. That's a report I would like to read. Yes, its opportunistic, but is it really? If the stock is languishing in the $11 range, and has been for some time, isnt a >$14 offer a win for the minority shareholders? There's thousands of other options to invest your money, and those of us who own FFH hope you decide to stay as indirect owners of ATCO.

My understanding is that the 20% threshold is just a guideline at which one would consider equity accounting. Given the size of AXP, and BRK's lack of influence over it (not involved in day-to-day decisions, board members etc.) I would not think that the equity method would apply at this level of ownership.

Yes yes yes.

Hopefully gfp will post the quarterly report from NICO that might provide some of these answers for stocks that are not required to be reported to the SEC on form13-F.

Hopefully we get some comments or questions about this specifically. Would be interesting to hear Ajit's take on your comment above relating to hard market/premium growth.

GEICO underwriting result very disappointing. Otherwise a good quarter.

No break fee gave the offer more weight in the eyes of the board and GS. It also seems consistent with the knowledge that BH will not engage in an auction. Take it or leave it. Minimal costs incurred by BH (I hope WEB didn't pay for dinner!!!). Allegheny attempted to get a better deal but was denied by WEB. It shows how nimble this company and its advisors are. I would be surprised to see a superior offer.

They probably don't know that BHE files its own 10-K with all kinds of disclosure as if it is a stand alone business (same with BNSF).

5Paisa Capital Limited shares popped over 19% overnight. I haven't been able to find any company news to explain such a move. Does anyone have any insight? Is it related to the IIFL possible sale news? Thanks.

I'd like to hope war exclusion policy wording would provide some cover for this, but its possible there could be some reinsurance exposure through London markets.

Now over 91 million shares plus the warrants. Warren was busy this week! https://www.sec.gov/Archives/edgar/data/797468/000089924322009579/xslF345X03/doc4.xml

Hey all, first time poster here. The folks at Dataroma do not distinguish between shares held by Berkshire Hathaway or its subsidiaries and the shares held in the Pension funds, which is the reason for the differences. The pension plans hold shares in the following I believe: BK, DVA, GM, KHC, KR, LILA, LSXMK, RH, STOR, USB, VRSN. Also, don't forget about the shares held in Berkshire's name at NEAM, being: AAPL, BAC, BK, DEO, USB Happy to hear if any of this is incorrect. All information from 13-F and Schedule 13 D or G filings and amendments. Jeff