Buffett/Berkshire - general news

[sleepydragon]

5 minutes ago, rogermunibond said:

 

this was many years ago , it was a small company that owned a lot of lands in texas and they found oils 

[sleepydragon]

6 minutes ago, rogermunibond said:

 

this was many years ago , it was a small company that owned a lot of lands in texas and they found oils 

[Whensthepaintdry?]

@sleepydragon could it be SOC? It looks like it has just about doubled since that time. 

[sleepydragon]

8 minutes ago, Whensthepaintdry? said:

@sleepydragon could it be SOC? It looks like it has just about doubled since that time. 

I didnt find any article from barrons on SOC though

[Whensthepaintdry?]

I didn’t realize the Barron’s comment and the comment about Munger finding a new investment at 99 was related. 

[Whensthepaintdry?]

After re reading it i don’t think the Barron’s investment is related to the investment he made at 99. Unless the translation is off. Who knows I was wondering the same. SOC showed up in Li Lu’s last filing. It is definitely hated right now and has doubled. 

Edited Friday at 05:22 PM by Whensthepaintdry?

[gfp]

Charlie mentioned two barrons-sourced investments.  The one that he exited with $80m to give to Li Lu was Tenneco and the one at age 99 was the one that he saw double before his death and his heirs still hold.

Edited Friday at 05:47 PM by gfp

[Monsieur_dee]

I don't know think it would be SOC because it would have doubled after his passing.

Curious what he bought, considering he doesn't swing often.

PDD ?

[WFF]

6 hours ago, Whensthepaintdry? said:

After re reading it i don’t think the Barron’s investment is related to the investment he made at 99. Unless the translation is off. Who knows I was wondering the same. SOC showed up in Li Lu’s last filing. It is definitely hated right now and has doubled. 

My understanding is that the latest at 99 was not from Barrons.   
 

SOC could be up Munger’s wheelhouse, he understand oil and law/regulations.