Peter Boodell Berkshire Meeting Notes!

[Parsad]

Terrific notes by Peter Boodell of Boodell & Co.  Thanks to David for sending it!  Cheers!

 

Peter_Boodell_-_Berkshire_Hathaway_Annual_Meeting_May_3_2014.pdf

[nikhil25]

Thanks guys!

[fareastwarriors]

Thanks.

 

I spent the whole morning reading it. I got no work done. lol

[JGBRK]

Thank you,

 

John

[Mephistopheles]

Thanks

 

"When we bought HD bonds at 15 we should have bought the stock, but that will always be the case."

 

Is this a typo or did Buffett really buy HD bonds? And did they really trade down to 15?

[gg]

Thanks

 

"When we bought HD bonds at 15 we should have bought the stock, but that will always be the case."

 

Is this a typo or did Buffett really buy HD bonds? And did they really trade down to 15?

 

I'd assume that if he's talking about Home Depot, then he means 15 as in 15% yield to maturity, but haven't looked into it

[PlanMaestro]

Harley Davidson

[Mephistopheles]

Harley Davidson

 

Ah! Of course. Thanks!

[Kiltacular]

Harley Davidson

 

Ah! Of course. Thanks!

 

http://www.marketfolly.com/2009/02/warren-buffett-buys-tiffanys-and-harley.html

[Mephistopheles]

Harley Davidson

 

Ah! Of course. Thanks!

 

http://www.marketfolly.com/2009/02/warren-buffett-buys-tiffanys-and-harley.html

 

Thanks. I knew about the HOG deal, I was just thrown off by the shorthand "HD" which is also the ticker for Home Depot.

[Priyankar]

Many thanks for sharing this. Really appreciate it.

[adesigar]

Thanks nice notes

 

Answer to Question 9 Buffett says

 

"We are spending close to $3bil on a Canadian company, and we will be better off and that was best thing to do that day with that $3bil."

 

Interesting

[petec]

CM really is great: "I realised what I needed to do is compete against idiots, and luckily there is a large supply".  :)