13F Season and New or Outlier Positions

[Eldad]

2 hours ago, Longnose said:

I was a little surprised by this too.

 

I feel like i see all sorts of serious disconnects in the market. But the big "value" players are still scared on the sides. I mean i know AI is a real wild card and If we believe we are in a bubble and it starts to deflate even the disconnected value stuff will continue to deflate with the balloon.  But I'm not sold. I keep feeling like we got some serious tailwinds coming at the economy over the next few years. 

AI could be a major GDP tailwind while being a major headwind for the collection of quasi monopolies that make up the S&P 500. Who knows? Overall it seems very expensive to want to stick your neck out too much to me. 

[CorpRaider]

Berkshire buying more CVX and Chubb.  Buffett buying an insurance company gets my attention.

Edited February 18 by CorpRaider

[gfp]

1 hour ago, CorpRaider said:

Berkshire buying more CVX and Chubb.  Buffett buying an insurance company gets my attention.

 

Hopefully it got your attention back at $220 / share when he started!

[Marco Van Basten]

2 hours ago, CorpRaider said:

Berkshire buying more CVX and Chubb.  Buffett buying an insurance company gets my attention.

Mr Buffett is 10x the investor that I will ever be, however I would be careful with Chubb's investment book.  Unless I misread CB's 2024 annual report, they are piling into private credit...

[Eldad]

18 minutes ago, Marco Van Basten said:

Mr Buffett is 10x the investor that I will ever be, however I would be careful with Chubb's investment book.  Unless I misread CB's 2024 annual report, they are piling into private credit...

I guess it could be ok if they are careful. What’s safer private credit or public stocks? I mean Buffett is the original insurance risky renegade buying stocks and companies with float right? 

[yesman182]

26 minutes ago, Marco Van Basten said:

Mr Buffett is 10x the investor that I will ever be, however I would be careful with Chubb's investment book.  Unless I misread CB's 2024 annual report, they are piling into private credit...

I too found that a little strange. I seem to recall that they are like partnering on deals with KKR. So they aren’t blindly sending money to private equity, I think they have a good understanding of the investments it’s going into. 

[Marco Van Basten]

1 hour ago, Eldad said:

I guess it could be ok if they are careful. What’s safer private credit or public stocks? I mean Buffett is the original insurance risky renegade buying stocks and companies with float right? 

I would say that equities are probably safer than junk bonds.  Particularly if you have a guy like Nicolai Tangen, Sir Chris Hohn, or John Armitage picking them.