Jump to content

Buffett/Berkshire - general news


Recommended Posts

I suspect they wanted to take the opportunity of him commenting on Berkshire to tag both companies and attract more clicks, so it could be a human. I see the same with Selling Alpha where somebody quotes Buffett and mentions Berkshire as an aside when writing about a different company so the link shows up on my daily email.

Link to comment
Share on other sites

20 hours ago, sleepydragon said:

13F is out. Any guesses what the secret stock(s) is/are?

 


Only certainty is that it is a financial stock (1,2B increase in cost basis for financial stocks but no financial stockes added on the 13-F).
Schwab?
Fairfax has been mentioned but seems unlikely (canadian stock and a big position could attract regulatory attention)

 

Other? (I must admit financial stocks are not my beach)

Link to comment
Share on other sites

3 hours ago, UK said:

 

*BS* article by CNBC, by logic. Only objective, documented facts rules here for judgement. It [Mr. Mungers statement] just proves that Mr. Munger is [naturally] fading.

 

Please make sure to be very aware of the concept of geriatric-related loss of cognitive abilities in your own personal sphere.

 

Link to comment
Share on other sites

I agree with Munger. Munger has what nowadays many people lack: common sense.

 

There’s nothing wrong unless 1. Buffett’s trade either the same direction and immediately preceding Berkshire’s trade, or 2. opposite directions and after Berkshire’s trade. Almost all portfolio managers at mutual funds or hedge funds can trade their personal account, as long as you are not trading against your clients. 

 

And you can look at how long he hold his positions. Was he flipping right after Berkshire bought or sold? He was not. All those stocks he had for decades. 
 

Link to comment
Share on other sites

On 11/16/2023 at 1:10 AM, rolling said:


Only certainty is that it is a financial stock (1,2B increase in cost basis for financial stocks but no financial stockes added on the 13-F).
Schwab?
Fairfax has been mentioned but seems unlikely (canadian stock and a big position could attract regulatory attention)

 

Other? (I must admit financial stocks are not my beach)

 

It does not really matter with a balance sheet of USD 1 T and an equity of north of USD 0.5 T.

Link to comment
Share on other sites

1 hour ago, John Hjorth said:

 

It does not really matter with a balance sheet of USD 1 T and an equity of north of USD 0.5 T.

I am not invested in BRK and do not think of investing soon (I do not like the big Apple position), but I might be interested co investing with them.

Link to comment
Share on other sites

21 hours ago, sleepydragon said:

I agree with Munger. Munger has what nowadays many people lack: common sense.

 

There’s nothing wrong unless 1. Buffett’s trade either the same direction and immediately preceding Berkshire’s trade, or 2. opposite directions and after Berkshire’s trade. Almost all portfolio managers at mutual funds or hedge funds can trade their personal account, as long as you are not trading against your clients. 

 

And you can look at how long he hold his positions. Was he flipping right after Berkshire bought or sold? He was not. All those stocks he had for decades. 
 

Zero logical motivational reasons for Buffett to do trades for his personal benefit.  I don't doubt though that wierd stuff like confusion could crop up at some point in the future.

 

I'm just shy of 70 but my mental declines, even while trying my best and my wife's push to keep me sharp...well declines are perfectly obvious.  They show up in places not expected, nearly always that.  

 

But even I, at my tiny net worthy compared to Buffett, have zero interest in trades for personal gain for the most part now.  I pretty much (again) stay active to be able to stay active, not to gain $.  

Link to comment
Share on other sites

On 11/17/2023 at 11:49 PM, dealraker said:

Zero logical motivational reasons for Buffett to do trades for his personal benefit.  I don't doubt though that wierd stuff like confusion could crop up at some point in the future.

 

I'm just shy of 70 but my mental declines, even while trying my best and my wife's push to keep me sharp...well declines are perfectly obvious.  They show up in places not expected, nearly always that.  

 

But even I, at my tiny net worthy compared to Buffett, have zero interest in trades for personal gain for the most part now.  I pretty much (again) stay active to be able to stay active, not to gain $.  

 

It would be nice with a separate topic somewhere here on CoBF to discuss geriatric bladders [sorry, pardon : matters!] for those of us both shrugging, sighing and / or perhaps even whining about geriatic issues.

 

The issue at hand here is : Who is going to start it?🙂

Link to comment
Share on other sites

This is fantastic.  

 

"My three children are the executors of my current will as well as the named trustees of the charitable trust that will receive 99%-plus of my wealth pursuant to the provisions of the will. They were not fully prepared for this awesome responsibility in 2006, but they are now"

Link to comment
Share on other sites

36 minutes ago, gfp said:

RIP Charlie.  

 

Also, the plot thickens in Brk vs Haslam/pilot flying J

 

https://www.reuters.com/legal/buffetts-berkshire-countersues-billionaire-haslams-battle-over-pilot-valuation-2023-11-29/

Imagine being worth $8.8B and then coming up with this low life scheme to squeeze out the last few hundred million $ from the remaining 20% of the business they agreed to sell already. WEB misjudged the character of the sellers here.

Link to comment
Share on other sites

1 minute ago, Spekulatius said:

Imagine being worth $8.8B and then coming up with this low life scheme to squeeze out the last few hundred million $ from the remaining 20% of the business they agreed to sell already. WEB misjudged the character of the sellers here.

Agreed. Makes me wonder about the level of scum correlation to sports team owners as they immediately used the latest tranche of selling off the family business to buy the Milwaukee Bucks. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...