sleepydragon Posted May 14, 2023 Share Posted May 14, 2023 It has been a long time since then that Buffett have found something that is more addictive (and growing too) than tobacco, and it is iphone. Link to comment Share on other sites More sharing options...
MMM20 Posted May 14, 2023 Share Posted May 14, 2023 (edited) The ethics stuff reminded me of one of my favorite business books: The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune https://www.amazon.com/Billionaire-Who-Wasnt-Secretly-Fortune/dp/1610393341 “If you have the right heroes in life, you’re 90% of the way home. Chuck Feeney is a good hero to have.” - Buffett Edited May 15, 2023 by MMM20 Link to comment Share on other sites More sharing options...
treasurehunt Posted May 15, 2023 Share Posted May 15, 2023 The 13F-HR for Q1 is out. https://www.sec.gov/Archives/edgar/data/1067983/000095012323005270/0000950123-23-005270-index.htm Here are some changes that I noticed - added to OXY; reduced ATVI, CVX and GM; sold out of USB and BK but retained position in Citi. Link to comment Share on other sites More sharing options...
backtothebeach Posted May 15, 2023 Share Posted May 15, 2023 (edited) 17 minutes ago, treasurehunt said: The 13F-HR for Q1 is out. https://www.sec.gov/Archives/edgar/data/1067983/000095012323005270/0000950123-23-005270-index.htm Here are some changes that I noticed - added to OXY; reduced ATVI, CVX and GM; sold out of USB and BK but retained position in Citi. Added 20 million shares of AAPL (unless they just moved the shares that were previously in a separate filing, I forget which subsidiary). Edited May 15, 2023 by backtothebeach Link to comment Share on other sites More sharing options...
gfp Posted May 15, 2023 Share Posted May 15, 2023 31 minutes ago, backtothebeach said: Added 20 million shares of AAPL (unless they just moved the shares that were previously in a separate filing, I forget which subsidiary). They finally cleaned up the separate holdings at Gen Re New England Asset Management. They all show up on Berkshire's 13F now. No new AAPL shares have been acquired since the Allegheny purchase. Link to comment Share on other sites More sharing options...
backtothebeach Posted May 15, 2023 Share Posted May 15, 2023 8 minutes ago, gfp said: They finally cleaned up the separate holdings at Gen Re New England Asset Management. They all show up on Berkshire's 13F now. No new AAPL shares have been acquired since the Allegheny purchase. Good to know! Link to comment Share on other sites More sharing options...
Munger_Disciple Posted May 15, 2023 Share Posted May 15, 2023 24 minutes ago, gfp said: They finally cleaned up the separate holdings at Gen Re New England Asset Management. They all show up on Berkshire's 13F now. No new AAPL shares have been acquired since the Allegheny purchase. Also didn't add to BAC. Just consolidated holdings from the two 13-Fs. Link to comment Share on other sites More sharing options...
sleepydragon Posted May 15, 2023 Share Posted May 15, 2023 Surprised to see VTS. Thrilled Link to comment Share on other sites More sharing options...
Spekulatius Posted May 15, 2023 Share Posted May 15, 2023 COF looks like another new position, probably from T&T: https://whalewisdom.com/filer/berkshire-hathaway-inc#tabholdings_tab_link Link to comment Share on other sites More sharing options...
backtothebeach Posted May 15, 2023 Share Posted May 15, 2023 (edited) 2 hours ago, sleepydragon said: Surprised to see VTS. Thrilled Not actively bought I think, just the spun off shares. A few quarters ago they had OGN from a spinoff, and sold it within the quarter. So VTS might be already gone. Edit: Just realized that they had almost 3 months to sell it in Q1, but kept it - so maybe they think it is too cheap to sell. Hard to say how much analysis is going on at Berkshire for such a small position. Edited May 16, 2023 by backtothebeach Link to comment Share on other sites More sharing options...
Munger_Disciple Posted May 16, 2023 Share Posted May 16, 2023 Berkshire press release about the consolidated 13-F: https://www.berkshirehathaway.com/news/may1523.pdf Link to comment Share on other sites More sharing options...
NnnnotSoSmart Posted May 16, 2023 Share Posted May 16, 2023 Berkshire nibbles more OXY: Bought 2,165,792 shares for $125,746,875. Average price paid: $58.06/share. Berkshire now owns 213,872,911 shares of common. Plus warrants and preferreds. https://www.dataroma.com/m/rt.php https://www.sec.gov/Archives/edgar/data/1067983/000089924323013028/xslF345X03/doc4.xml Buffett (at the recent AM): "And we will not be making any offer for control of Occidental. But we love the shares we have. And we may or may not own more in the future." We now know the appetite is still there for the common priced under $60/share. Link to comment Share on other sites More sharing options...
Intelligent_Investor Posted May 17, 2023 Share Posted May 17, 2023 I believe they bought JEF just for the VTS spinoff actually. Looks like they reduced their stake in JEF Link to comment Share on other sites More sharing options...
valueinvesting101 Posted May 19, 2023 Share Posted May 19, 2023 Another purchase of 3.46M shares for around $200M. https://www.sec.gov/Archives/edgar/data/315090/000089924323013283/xslF345X04/doc4.xml Now ownership at 24.4%. Link to comment Share on other sites More sharing options...
backtothebeach Posted May 20, 2023 Share Posted May 20, 2023 Doing.my part… First time trying. So eating a lot of this makes you live as long as Charlie Munger, did I get that right? 1 Link to comment Share on other sites More sharing options...
crs223 Posted May 22, 2023 Share Posted May 22, 2023 after watching the DJCO meeting, i bought the smaller box of peanut brittle and polished it off over 24 hours. Then a headache developed that lasted four days. I’ve never had anything like that happened to me. Pretty scary. Not doing that again. Link to comment Share on other sites More sharing options...
backtothebeach Posted May 22, 2023 Share Posted May 22, 2023 35 minutes ago, crs223 said: after watching the DJCO meeting, i bought the smaller box of peanut brittle and polished it off over 24 hours. Then a headache developed that lasted four days. I’ve never had anything like that happened to me. Pretty scary. Not doing that again. Lol, yeah the stuff is pretty toxic and hard to stop nibbling on. I mean look at the ingredient list. Better to eat in small doses: Peanuts, Sugar, Butter, Corn Syrup, Salt, Baking Soda, Vanillin. Link to comment Share on other sites More sharing options...
Spekulatius Posted May 23, 2023 Share Posted May 23, 2023 On 5/20/2023 at 1:39 PM, backtothebeach said: Doing.my part… First time trying. So eating a lot of this makes you live as long as Charlie Munger, did I get that right? I bet you can use them to catch mice (they love the peanuts taste ) and maybe kill them at the same time. Link to comment Share on other sites More sharing options...
Parsad Posted May 23, 2023 Share Posted May 23, 2023 On 5/20/2023 at 10:39 AM, backtothebeach said: Doing.my part… First time trying. So eating a lot of this makes you live as long as Charlie Munger, did I get that right? The peanut brittle is good, but the chocolate is better. Cheers! Link to comment Share on other sites More sharing options...
Spekulatius Posted May 23, 2023 Share Posted May 23, 2023 9 hours ago, Parsad said: The peanut brittle is good, but the chocolate is better. Cheers! Coming from Europe, I would strongly disagree. Ghiradelli chocolate is much better, if you want to stick with made in the USA. Link to comment Share on other sites More sharing options...
MMM20 Posted May 23, 2023 Share Posted May 23, 2023 2 hours ago, Spekulatius said: Coming from Europe, I would strongly disagree. Ghiradelli chocolate is much better, if you want to stick with made in the USA. To Buffett's point...tastes in chocolate shouldn't be so regional...but they are, persistently. I like Hershey's! Link to comment Share on other sites More sharing options...
Whensthepaintdry? Posted May 23, 2023 Share Posted May 23, 2023 I’m not that picky when it comes to chocolate. Speaking of see’s though I will be flying back into charlotte and I really hope they restocked their See’s stand. It was wiped out on the way out. Link to comment Share on other sites More sharing options...
Munger_Disciple Posted May 23, 2023 Share Posted May 23, 2023 5 hours ago, Spekulatius said: Coming from Europe, I would strongly disagree. Ghiradelli chocolate is much better, if you want to stick with made in the USA. I am with you on this generally. Love dark chocolate (especially the Belgian stuff), can't stand the milk variety. I am a naturalized US citizen, originally from India. But See's has added dark chocolates a few years back and some of them are very good. Try the dark with walnuts, marzipan and dark nougat at See's. Link to comment Share on other sites More sharing options...
Spekulatius Posted May 23, 2023 Share Posted May 23, 2023 (edited) 1 hour ago, Munger_Disciple said: I am with you on this generally. Love dark chocolate (especially the Belgian stuff), can't stand the milk variety. I am a naturalized US citizen, originally from India. But See's has added dark chocolates a few years back and some of them are very good. Try the dark with walnuts, marzipan and dark nougat at See's. My goto chocolate is the Ghiradelli with 85% Cocoa. I would give the Sea's chocolate a try, but they are basically unobtainable on the East coast. When I lived in CA, I was not exactly thrilled with the Sea's pralines but that was a while ago and I have not tried them since. Costco has pretty good stuff on sale from time to time. It's very hard to go wrong with Belgian chocolate or pralines. This is a chocolate stock I have been checking out a couple of times, but never bough (Barry Callebaut). There is of course Lindt and Sprungli, but it is very very richly valued and the common shares cost a Be5rtkshire like 100K CHF. Edited May 23, 2023 by Spekulatius Link to comment Share on other sites More sharing options...
rkbabang Posted May 23, 2023 Share Posted May 23, 2023 1 hour ago, Spekulatius said: My goto chocolate is the Ghiradelli with 85% Cocoa. I would give the Sea's chocolate a try, but they are basically unobtainable on the East coast. When I lived in CA, I was not exactly thrilled with the Sea's pralines but that was a while ago and I have not tried them since. I like Ghiradelli, but my new favorite is Trader Joe's 85% Uganda Chocolate. It's amazing, even better than Ghiradelli IMHO. https://www.traderjoes.com/home/products/pdp/066292 Link to comment Share on other sites More sharing options...
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