Buffett/Berkshire - general news

[fareastwarriors]

After Decades of Hints, Buffett’s Heir May Now Be More Apparent

 

The pressure to dismantle Berkshire will mount. The bulwark against that impulse is his successor, whose identity is one of the business world’s best-kept secrets.

 

 

https://www.bloomberg.com/news/articles/2017-12-07/after-decades-of-hints-buffett-s-heir-may-now-be-more-apparent

[LC]

SYAC (saved you a click):  they mention Jain or Abel.

[Jurgis]

SYAC (saved you a click):  they mention Jain or Abel.

 

This is a Biblical choice...

 

 

 

8)

 

Oh, Jain, not Cain...

[sleepydragon]

Omaha philanthropist Susan Buffett marries her longtime companion

 

http://www.omaha.com/money/omaha-philanthropist-susan-buffett-marries-her-longtime-companion/article_baa41052-de30-11e7-8477-1b44ac662c6b.html

 

(Via Omaha.com)

[fareastwarriors]

mo more mo problems

https://www.bloomberg.com/news/articles/2017-12-11/buffett-s-about-to-get-3-billion-back-from-burger-king-owner

[SlowAppreciation]

http://alumni.fsu.edu/vires-magazine/10-questions-todd-combs-bs-93

[villainx]

http://alumni.fsu.edu/vires-magazine/10-questions-todd-combs-bs-93

 

Nice.

[bookie71]

THANKS

[DooDiligence]

Apologies if this already got posted.

 

https://stocknews.com/news/brk-b-berkshire-hathaway-inc-brk-b-to-get-3-billion-from-burger/

[doughishere]

Apologies if this already got posted.

 

https://stocknews.com/news/brk-b-berkshire-hathaway-inc-brk-b-to-get-3-billion-from-burger/

 

 

i was talking to my father over thanksgiving...and ive own some brk for a while now, since maybe 2010-2011ish....anyways i was taking to my dad about it and as we were talking i saw him come to the realization that he missed out on most of it while hes been alive...one of the most aqkward momemts with my father when he said basically "man i could have owned just that over my life"...i basically just said "yah."

 

you could see his face change as he said it...and that basically ended the converation.

[mwtorock]

stop torturing people that have not owned berkshire shares long enough  ;)

[Charlie]

"i was talking to my father over thanksgiving...and ive own some brk for a while now, since maybe 2010-2011ish....anyways i was taking to my dad about it and as we were talking i saw him come to the realization that he missed out on most of it while hes been alive...one of the most aqkward momemts with my father when he said basically "man i could have owned just that over my life"...i basically just said "yah."

 

you could see his face change as he said it...and that basically ended the converation."

 

I just finished reading "Where are the Customers Yachts" and my favourite sentence is the last sentence of the introduction:

 

"Then a long time later it turns out that I should have just bought them, and thereafter I should have just sat on them like a fat, stupid peasant.

A peasant however, who is rich beyond his limited dreams of avarice."       

 

:)

[UK]

https://www.wsj.com/articles/u-s-insurers-win-bermuda-loophole-fight-1513441983

[dcollon]

A recent discussion with Mr. Munger

 

 

[VersaillesinNY]

Thanks for sharing! i guess Santa came early this year.

[LongTermView]

A recent discussion with Mr. Munger

 

 

Thanks for sharing!

 

A little after 38 minutes:


There's at least $60 billion dollars in Berkshire of net worth that Ajit has created that we would not have created without him.

And the value is way more than $60 billion.

I mean there's that much in extra liquid net worth but the value of the business is way more than $60 billion.

 

[Charlie]

Thank you!  :)

[fareastwarriors]

Brooks Needs Runners Who Hate to Run

 

The $500 million company has conquered runners. Now it has to figure out everyone else.

 

 

https://www.bloomberg.com/news/features/2018-01-03/why-brooks-needs-runners-who-hate-to-run

[gfp]

Warren wrote something for the current Time magazine issue which is edited by Bill Gates and dedicated to 'the optimists'

http://time.com/5087360/warren-buffett-shares-the-secrets-to-wealth-in-america/

[DooDiligence]

http://www.omaha.com/money/oriental-trading-ceo-who-turned-company-into-profitable-part-of/article_0832d1d7-b1e6-5160-8329-3a41bcbfe050.html

[Jurgis]

http://www.omaha.com/money/oriental-trading-ceo-who-turned-company-into-profitable-part-of/article_0832d1d7-b1e6-5160-8329-3a41bcbfe050.html

 

Sad. RIP.

[gfp]

Bloomberg with a reminder that Berkshire's reported earnings are going to include unrealized investment fluctuations going forward ->

https://www.bloomberg.com/news/articles/2018-01-17/buffett-s-nightmare-begins-as-earnings-include-stock-swings

[Guest longinvestor]

Bloomberg with a reminder that Berkshire's reported earnings are going to include unrealized investment fluctuations going forward ->

https://www.bloomberg.com/news/articles/2018-01-17/buffett-s-nightmare-begins-as-earnings-include-stock-swings

Great, that will mean buying opportunities and keep more idiots from buying the stock, because higher Beta moves the stock into risky category, ha.

[alpha]

Ajit Jain reports $109 million Berkshire stake

 

https://www.reuters.com/article/us-berkshire-hathaway-stakes/possible-buffett-successor-jain-reports-109-million-berkshire-stake-idUSKBN1F806A

[Guest longinvestor]

Ajit Jain reports $109 million Berkshire stake

 

https://www.reuters.com/article/us-berkshire-hathaway-stakes/possible-buffett-successor-jain-reports-109-million-berkshire-stake-idUSKBN1F806A

 

Management buying stock with their own money, isn't that great? Between Abel and Jain's ownership it is approaching 1B. How much do the heads of the subs own?