Buffett/Berkshire - general news

[hasilp89]

15 minutes ago, Blake Hampton said:

Not too boring or predictable if you ask me...

 

wasn't the apple sale pretty much announced at the AGM and then followed up on. Everything else aside from BAC is peanuts. Net change aside from Apple and BAC is meaningless.

Edited 4 hours ago by hasilp89

[Munger_Disciple]

I predict BAC was sold completely (90% probability), and there is a 50% chance Buffett sold all the remaining Apple shares in Q4. 

[gfp]

12 minutes ago, Munger_Disciple said:

I predict BAC was sold completely (90% probability), and there is a 50% chance Buffett sold all the remaining Apple shares in Q4. 

 

At the rate he was selling BAC I'm not sure there was enough time for him to completely sell it out in Q4.  He could have stepped up the pace once he had confidentiality but it seems like he usually moves this aircraft carrier a little slower than that.  If he blew out all the BAC in Q4 that would certainly send a message.

 

edit - I asked chatGPT and it told me he would have had to have averaged 14.74 million shares per day on each of the 52 days the NYSE was open between 10/16 and 12/31.

 

That's a lot of stock but I suppose it's doable.  Just not very Warren-like

 

This screenshot was his pre-privacy rate ->

 

Edited 3 hours ago by gfp

[Blake Hampton]

17 minutes ago, Munger_Disciple said:

I predict BAC was sold completely (90% probability), and there is a 50% chance Buffett sold all the remaining Apple shares in Q4. 

 

That would be $100 billion of additional cash if you're correct

[73 Reds]

21 minutes ago, gfp said:

 

At the rate he was selling BAC I'm not sure there was enough time for him to completely sell it out in Q4.  He could have stepped up the pace once he had confidentiality but it seems like he usually moves this aircraft carrier a little slower than that.  If he blew out all the BAC in Q4 that would certainly send a message.

 

edit - I asked chatGPT and it told me he would have had to have averaged 14.74 million shares per day on each of the 52 days the NYSE was open between 10/16 and 12/31.

 

That's a lot of stock but I suppose it's doable.  Just not very Warren-like

 

This screenshot was his pre-privacy rate ->

 

I got the feeling that once he started selling BAC he was done with it.  It is interesting that he continues to hold AXP as quite a legacy investment and seems to hold that stock (and even KO) to a different standard even though both companies have lost a significant part of their moat over time. 

[gfp]

10 minutes ago, 73 Reds said:

t is interesting that he continues to hold AXP as quite a legacy investment and seems to hold that stock (and even KO) to a different standard even though both companies have lost a significant part of their moat over time. 

 

He 'gon be alright

[73 Reds]

Just now, gfp said:

 

He 'gon be alright

Oh yeah, the stock is doing just fine.  The company, eh....

[Munger_Disciple]

51 minutes ago, gfp said:

 

At the rate he was selling BAC I'm not sure there was enough time for him to completely sell it out in Q4.  He could have stepped up the pace once he had confidentiality but it seems like he usually moves this aircraft carrier a little slower than that.  If he blew out all the BAC in Q4 that would certainly send a message.

 

edit - I asked chatGPT and it told me he would have had to have averaged 14.74 million shares per day on each of the 52 days the NYSE was open between 10/16 and 12/31.

 

That's a lot of stock but I suppose it's doable.  Just not very Warren-like

 

This screenshot was his pre-privacy rate ->

 

 

It's possible Buffett didn't sell all of BAC in Q4 but sold the remainder in Q1 '25. Buffett blew out of positions when he wanted to; an example would be airlines in 2020. 

[Ver]

3 hours ago, Munger_Disciple said:

I predict BAC was sold completely (90% probability), and there is a 50% chance Buffett sold all the remaining Apple shares in Q4. 

Given how heavily he was selling Apple in the 220's it would be extremely illogical for him not to have sold what he could when Apple was in the 250's.