Berkshire Hathaway Inc. - Now Celebrating 60 Years of Profitable Partnership

[John Hjorth]

 

- - - o 0 o - - -

 

As far as I understand, only sold at the Annual Shareholders Meeting this weekend: 

 

Ebay, today :

 

 

I'm not amused by seeing the price stages, bids in auctions and 'Buy it Now!' ask prices already on E-Bay! Book scalping?   It's beyond me that Berkshire treats shareholders not attending and others interested  like this. The 50 years Anniversary Book [first edition] is still available on E-Bay at original decided  and set price, where there in a period was a link from Berkshire mail page to the place to buy.

 

E-Bay Search 

[John Hjorth]

This morning I tried a couple of times to bid on E-Bay on the then cheapest specimen of the new 60 anniversary book. Every time when my screen updated after pressing on 'Place Bid' I immedially got this message on top of the screen :

 

 

, where I was outbid by USD 1.29, I suppose by a bid-bot! [Seller : balleravenue]

 

- - - o 0 o - - -

 

Heureka! : I've just found the perfect cure, if you're blood pressure is to low! ...

Edited May 5, 2025 by John Hjorth

[DooDiligence]

1 minute ago, John Hjorth said:

This morning I tried a couple of times to bid on E-Bay on the then cheapest specimen of the new 60 anniversary book. Every time when my screen updated after pressing on 'Place Bid' I immedially got this message on top of the screen :

 

 

, where I was outbid by USD 1.29, I suppose by a bid-bot! [Seller : balleravenue]

 

- - - o 0 o - - -

 

Heureca : I've just found the perfect cure, if you're blood pressure is to low! ...

 

When a bid is placed it will only go as high as the minimum initial price set by the seller.

 

Example: An item is priced with a starting bid of $1 and someone places the 1st bid with a maximum of $5. The price will not go directly to the $5 max bid, but will instead go to $1 until another buyer submits a max bid that is higher than $5. When a new buyer(s) submits a bid(s) the price will increase until it goes incrementally above the highest maximum bid. Bidders can subsequently increase their max bid but it's the mark of an amateur to do so before the final few seconds of the auction. With popular items, you actually want to get a bid in as early as possible and have someone bid on top of you. See notes on "sniping" later in this post.

 

Item initial bid minimum = $1

1st buyers maximum bid = $5

Item price now set to = $1

New buyer bids = $3

New item price = $4

Another buyer bids max $10

New item price = $6 (see previous max bid of $5)

Another buyer bids max $15

New item price = $11 (see previous max bid of $10)

Another buyer bids max $20 in the last 2 seconds

Winning bid is $16 (see previous max bid of $15)

 

==

 

How to Snipe Items on eBay:

 

The best strategy in competitive bidding is to have a bid in, but with someone else bidding on top of you. Now you get the option of increasing your max bid without having to make a second click to confirm (One Click Bid). If you do not already have a bid in then you'll have to click to submit, and then click again to confirm your bid, which won't allow you to "snipe" with a "One Click Bid" in the last 2 seconds of the auction.

 

I usually prepare my maximum bid within a minute of the end of the auction (I don't actually click to submit until the last 2 seconds). If I bid high enough then my winning bid will not go all the way up to my maximum, but will instead go a slight increment above the maximum of the highest bidder.

 

You will frequently see bids start jumping while you wait with your new max bid within the final minute. You can likely give up on this item because amateur bidders have now jumped in.

 

I hope this makes sense and helps you become a skilled sniper.

[John Hjorth]

Jeff [ @DooDiligence ],

 

Thank you here for lifting me out of my darkness of ignorance about E-Bay bidding!    First time ever, I really tried to bid, instead of just using 'Buy it now!' option. Certainly not going to happen here!

[John Hjorth]

@gfp has just been so kind to send me a message, that Berkshire Hathaway now has entered E-Bay offering the book at a fixed price of USD 50. So, time to order your copy now, if you're interested.

 

Link : Berkshire Hathaway E-Bay account offering 60 years anniversary book. 

[LC]

@DooDiligence

 

You can use a service such as www.gixen.com to register your bids well in advance of the auction end. 

It will submit your bid at the last few seconds.

[DooDiligence]

29 minutes ago, LC said:

@DooDiligence

 

You can use a service such as www.gixen.com to register your bids well in advance of the auction end. 

It will submit your bid at the last few seconds.

 

Thanks for the tip. I enjoy making the kills myself 

[schin]

I got a copy just now! I wish they did this for the squishmallows!

[John Hjorth]

I was actually, - based on Jeffs [ @DooDiligences ] teachings above [thanks!, Jeff [ @DooDiligence ]], started to bid on all the items popping up here from scalpers, but stingy John quickly got outbid every time! *SIGH!* - Until I got the message from @gfp.

 

- I would actually say that @gfp made my Friday yesterday! H/T @gfp! - And death over all the friggin' scalpers! 

 

- - - o 0 o - - -

 

From a e-mail just arrived from E-Bay : 

 

Edited May 10, 2025 by John Hjorth

[John Hjorth]

On 5/9/2025 at 6:32 PM, John Hjorth said:

@gfp has just been so kind to send me a message, that Berkshire Hathaway now has entered E-Bay offering the book at a fixed price of USD 50. So, time to order your copy now, if you're interested.

 

Link : Berkshire Hathaway E-Bay account offering 60 years anniversary book. 

 

The book arrived here in Denmark today this morning at my place from Berkshire Hathaway, thank you for for all the advice provided by @gfp, Jeff [ @DooDiligence ] and @LC along the way in this topic!