ExpectedValue Posted November 5, 2011 Share Posted November 5, 2011 http://online.wsj.com/article/SB10001424052970203911804576653621439812248.html?mod=WSJ_business_whatsNews Link to comment Share on other sites More sharing options...
BargainValueHunter Posted November 5, 2011 Share Posted November 5, 2011 Thanks for posting. I wonder how far he will go to reach his goal of being Warren Jr. 8) Link to comment Share on other sites More sharing options...
ragnarisapirate Posted November 5, 2011 Share Posted November 5, 2011 That is one of the most poorly written hack jobs I have read. Link to comment Share on other sites More sharing options...
Green King Posted November 5, 2011 Share Posted November 5, 2011 Thank you for your post. I don't think Warren would do anything he is doing. What makes him Buffett like ? Link to comment Share on other sites More sharing options...
jjsto Posted November 5, 2011 Share Posted November 5, 2011 The only thing he seems to be doing "buffett-like" is running around quoting buffett, and using value oriented vocabulary/phrases in his writing. Nothing about what he is actually doing seems "buffett-like" at all. Link to comment Share on other sites More sharing options...
nwoodman Posted November 6, 2011 Share Posted November 6, 2011 As for Berkshire. Mr. Biglari has never said he is trying to mimic Mr. Buffett. At Biglari Holdings' 2010 shareholders meeting, which went on for nearly five hours, he said "any comparison is a disservice to Berkshire," according to a person familiar with his comments. Never a truer word spoken Link to comment Share on other sites More sharing options...
augustabound Posted November 6, 2011 Share Posted November 6, 2011 So Sidar wanted to get comped like a hedge fund manager so he could add to his expansive collection of exotic Italian sports cars? Also not Buffettesque. I think WEB drives an 8 year old Cadillac. Link to comment Share on other sites More sharing options...
mpauls Posted November 8, 2011 Share Posted November 8, 2011 I'm not exactly fan of this guy. I sat next to him and his cartel at the Berkshire Meeting a few years ago. Not to say he isn't smart, but I see several red flags with him. Link to comment Share on other sites More sharing options...
Green King Posted November 8, 2011 Share Posted November 8, 2011 I'm not exactly fan of this guy. I sat next to him and his cartel at the Berkshire Meeting a few years ago. Not to say he isn't smart, but I see several red flags with him. please elaborate Link to comment Share on other sites More sharing options...
Guest Hester Posted November 8, 2011 Share Posted November 8, 2011 I'm not exactly fan of this guy. I sat next to him and his cartel at the Berkshire Meeting a few years ago. Not to say he isn't smart, but I see several red flags with him. please elaborate I stood next to him at a cocktail type party for a while at the BRK meeting weekend this year. He definitely has an entourage. Spend 5 minutes with the guy and you'll see what Mpauls means. I would not invest a dime with him, even if Biglari Holdings was trading at a ridiculously low multiple. I do not trust the guy. I think he is truly a sneaky snake-like person. If he lost 60 IQ points he'd probably act like this: Link to comment Share on other sites More sharing options...
TorontoRaptorsFan Posted November 8, 2011 Share Posted November 8, 2011 Everytime I see a picture of Biglari it reminds me of the Count from Sesame Street. I don't think it's necessary for him to be in the picture with SNS employees in the poster at the entrance of every SNS location. Link to comment Share on other sites More sharing options...
mpauls Posted November 9, 2011 Share Posted November 9, 2011 please elaborate What Hester said. Link to comment Share on other sites More sharing options...
Kuhndan Posted November 10, 2011 Share Posted November 10, 2011 What are the concerns with Biglari? Just curious, lots of noise out there with this guy. Link to comment Share on other sites More sharing options...
bookie71 Posted November 10, 2011 Share Posted November 10, 2011 Integrity! Link to comment Share on other sites More sharing options...
bargainman Posted November 11, 2011 Share Posted November 11, 2011 This article seems strangely relevant... http://www.mnn.com/green-tech/transportation/blogs/supercars-and-the-dictators-who-love-them Link to comment Share on other sites More sharing options...
dcollon Posted November 11, 2011 Share Posted November 11, 2011 I don't know why, but it always amazes me when I read an article like that. The greed/envy/ego trilogy is so toxic. Link to comment Share on other sites More sharing options...
twacowfca Posted November 14, 2011 Share Posted November 14, 2011 Everytime I see a picture of Biglari it reminds me of the Count from Sesame Street. I don't think it's necessary for him to be in the picture with SNS employees in the poster at the entrance of every SNS location. LOL the "Count". ;D Link to comment Share on other sites More sharing options...
moore_capital54 Posted November 14, 2011 Share Posted November 14, 2011 I fully agree! I have always noticed that the biggest douche bags drive Lamborghinis. Link to comment Share on other sites More sharing options...
ragnarisapirate Posted November 14, 2011 Share Posted November 14, 2011 I fully agree! I have always noticed that the biggest douche bags drive Lamborghinis. Seriously? That really doesn't seem to be very constructive. Link to comment Share on other sites More sharing options...
rkbabang Posted November 15, 2011 Share Posted November 15, 2011 I don't know why, but it always amazes me when I read an article like that. The greed/envy/ego trilogy is so toxic. I'd have no problem if Warren Buffet or Bill Gates drove one of those cars (or a fleet of them), but paragraphs like this make me steam. "In Equatorial Guinea, 35 percent of the population (average income, $1.60 a day) die before the age of 40, and 58 percent have no safe drinking water. But Teodorin Nguema, the strongman’s son, apparently makes enough as a government minister to spend $1.2 million on Champagne in just one weekend, and import no less than 26 supercars from the U.S. in 2009." These are the looters and tax farmers he's talking about, not the productive spending what they've earned. --Eric Link to comment Share on other sites More sharing options...
OracleofCarolina Posted November 15, 2011 Share Posted November 15, 2011 Speaking of Biglari, he sure knows how to Say all the right things in his letters, have you read his latest to CBRL shareholdershttp://finance.yahoo.com/news/Sardar-Biglari-Issues-Letter-prnews-1434956308.html?x=0&l=1 Link to comment Share on other sites More sharing options...
shalab Posted November 15, 2011 Share Posted November 15, 2011 Speaking of Biglari, he sure knows how to Say all the right things in his letters Yes, he cut the 401k for SnS employees and bought a fancy car for himself. How is this different from a third world strongman? Link to comment Share on other sites More sharing options...
ragnarisapirate Posted November 15, 2011 Share Posted November 15, 2011 Speaking of Biglari, he sure knows how to Say all the right things in his letters, have you read his latest to CBRL shareholdershttp://finance.yahoo.com/news/Sardar-Biglari-Issues-Letter-prnews-1434956308.html?x=0&l=1 It was very well done. I wouldn't count him out. Link to comment Share on other sites More sharing options...
ragnarisapirate Posted November 15, 2011 Share Posted November 15, 2011 Speaking of Biglari, he sure knows how to Say all the right things in his letters Yes, he cut the 401k for SnS employees and bought a fancy car for himself. How is this different from a third world strongman? Last time I checked, he saved a company along with the jobs of it's thousands of associates, whereas a third world strongman generally runs his country into the ground... Plus, strongmen generally kill people. Last time I checked, Biglari wasn't on trial for murder. Link to comment Share on other sites More sharing options...
Kuhndan Posted November 16, 2011 Share Posted November 16, 2011 I thought his latest letter was very well done. He states a compelling case and is actually starting to build a pretty impressive investment track record. Compared to existing management my guess he is going to win his seat. At that point I'll be interested intaking a look a cbrl. Link to comment Share on other sites More sharing options...
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