Parsad Posted February 14, 2012 Posted February 14, 2012 No BAC added Ericoploy! :'( Cheers! http://www.sec.gov/Archives/edgar/data/1067983/000119312512060928/d289257d13fhr.txt
racemize Posted February 14, 2012 Posted February 14, 2012 there's no fast way to determine the changes is there? Just compare the two 13Fs?
Grenville Posted February 14, 2012 Posted February 14, 2012 there's no fast way to determine the changes is there? Just compare the two 13Fs? http://www.nasdaq.com/reference/ownership.stm Pretty good, takes a few days to get updated after 13F's come out.
Parsad Posted February 14, 2012 Author Posted February 14, 2012 They bought alot of Wells, DirectTV and DaVita. Sold JNJ and some Kraft. Excludes any confidential filings, so BAC could still be in those. Cheers!
PlanMaestro Posted February 14, 2012 Posted February 14, 2012 Mohnish sold 70% of BAC. Not sure why he thinks that WFC is safer (because cheaper is not)
Valuebo Posted February 14, 2012 Posted February 14, 2012 there's no fast way to determine the changes is there? Just compare the two 13Fs? http://www.nasdaq.com/reference/ownership.stm Pretty good, takes a few days to get updated after 13F's come out. Datorama normally is very fast. http://www.dataroma.com/m/m_activity.php?m=brk&typ=a
PlanMaestro Posted February 14, 2012 Posted February 14, 2012 Mohnish sold 70% of BAC. Not sure why he thinks that WFC is safer (because cheaper is not) Now I get, he bought another equal 5% position in Citibank
Parsad Posted February 14, 2012 Author Posted February 14, 2012 Looks like he sold BAC to buy C, WFC, DTV and TEX. The TEX looks like a very smart move, as it is up even higher than BAC year to date. Not so much the C, WFC and DTV. Interesting that he was into DTV as well! Cheers!
DCG Posted February 15, 2012 Posted February 15, 2012 I'm sure DTV was largely Weschler. DTV is pretty cheap, and I've been looking at it recently as well. I used to work for DTV (in their Denver corporate office) and think it is a very well run compan, and I've owned shares of it in the past. The company generates a lot of cash, but also has a lot of debt, and.their moat iis their stronghold on business accounts. Edit: sorry, I meant Weschler, not Combs.
JAllen Posted February 15, 2012 Posted February 15, 2012 Weschler owned Davita and DTV so my guess is that it was him: http://sec.gov/Archives/edgar/data/1265816/000091957411006377/d1240019_13f-hr.txt
Guest ValueCarl Posted February 16, 2012 Posted February 16, 2012 Did you say "business accounts," DCG? Check out Slide 3: http://files.shareholder.com/downloads/LVLT/1699561378x0x540974/bc47a996-f04f-41a1-9e15-ed9e5fddfe02/4Q11_External%20Earnings%20Deck_FINAL.pdf You might want to connect some DTV history and dots here also: http://blog.streamingmedia.com/the_business_of_online_vi/2007/09/level-3-streami.html http://www.reveredata.com/reports/store/report/mna/11935_6116 http://www.convergedigest.com/Bandwidth/newnetworksarticle.asp?ID=16476 http://www.prnewswire.com/news-releases/level-3-to-help-support-directv-high-definition-tv-expansion-55235607.html http://level3.mediaroom.com/index.php?s=23600&item=65565 Oh yes, and before you question my integrity and existence for posting on this forum again, my name is embedded in the Holy Book of Berkshire Hathaway, and to be more frank, rather than Direct TV, I have been buying it like a sex starved teenager in a whorehouse along with Mr. Buffett himself, I'll BETCHA! ;D
DCG Posted February 16, 2012 Posted February 16, 2012 I'm aware that DTV has used LVLT's network. I'm also aware that that hasn't resulted in a penny of profit for LVLT. I also don't see why a thread on Berkshire's filing's has to contain links to LVLT press releases.
Guest ValueCarl Posted February 16, 2012 Posted February 16, 2012 It seemed to be turning into a Mohnish Pabrai and Direct TV thread, but I made sure it remained a Berkshire Hathaway one, didn't I! That's one diversified holding company that breeds a hell of alot of cash, and as The Oracle well advises all of his disciples sitting around the table dining with him as well as other mere mortals who might benefit from his WISDOM, investing in YOURSELF is the greatest investment of ALL! ;)
gfp Posted October 1, 2012 Posted October 1, 2012 Weschler / Berkshire still buying DVA - over 10% - http://www.sec.gov/Archives/edgar/data/315090/000118143112052344/xslF345X03/rrd357100.xml
Yours Truly Posted October 1, 2012 Posted October 1, 2012 @globalfinancepartners great update! it's definitely Ted Weschler at work... It pays to clone Ted who managed to generate 25% annual returns in the last decade when S&P generated close to nothing
twacowfca Posted October 1, 2012 Posted October 1, 2012 @globalfinancepartners great update! it's definitely Ted Weschler at work... It pays to clone Ted who managed to generate 25% annual returns in the last decade when S&P generated close to nothing It appears that Ted has indeed been cloned or has been given wider responsibility for investing BRK's pension plans' assets. About 40% of the holdings of DaVita are in some of BRK's pension plans. In the past, the pension plan investments have been controlled by Warren.
Yours Truly Posted October 1, 2012 Posted October 1, 2012 "About 40% of the holdings of DaVita are in some of BRK's pension plans" Source?
fareastwarriors Posted October 1, 2012 Posted October 1, 2012 "About 40% of the holdings of DaVita are in some of BRK's pension plans" Source? It is in the filing. 9. 4,197,569 of the total reported securities as of September 28, 2012, are owned by the following pension plans of Berkshire's subsidiaries: Acme Brick Company Pension Trust (175,000), The Buffalo News Office Pension Plan (65,000), The Buffalo News Mechanical Pension Plan (16,000), The Buffalo News Drivers/Distributors Pension Plan (7,000), The Buffalo News Editorial Pension Plan (105,000), Dexter Pension Plan (90,000), Flightsafety International Inc. Retirement Income Plan (300,000), Fruit of the Loom Pension Trust (670,000), GEICO Corporation Pension Plan Trust (1,303,769), Johns Manville Corporation Master Pension Trust (1,182,800), Justin Brands, Inc. Union Pension Plan & Justin Brands, Inc. Pension & Trust (96,000), and Scott Fetzer Company Collective Investment Trust (187,000); each of Berkshire, Mr. Buffett and these pension plans disclaims beneficial ownership in such shares.
Palantir Posted October 1, 2012 Posted October 1, 2012 This begs the question: Why am I not buying DaVita??? The PE is 18, but if you do P/OCF, it's like less than 10
Yours Truly Posted October 1, 2012 Posted October 1, 2012 "About 40% of the holdings of DaVita are in some of BRK's pension plans" Source? It is in the filing. 9. 4,197,569 of the total reported securities as of September 28, 2012, are owned by the following pension plans of Berkshire's subsidiaries: Acme Brick Company Pension Trust (175,000), The Buffalo News Office Pension Plan (65,000), The Buffalo News Mechanical Pension Plan (16,000), The Buffalo News Drivers/Distributors Pension Plan (7,000), The Buffalo News Editorial Pension Plan (105,000), Dexter Pension Plan (90,000), Flightsafety International Inc. Retirement Income Plan (300,000), Fruit of the Loom Pension Trust (670,000), GEICO Corporation Pension Plan Trust (1,303,769), Johns Manville Corporation Master Pension Trust (1,182,800), Justin Brands, Inc. Union Pension Plan & Justin Brands, Inc. Pension & Trust (96,000), and Scott Fetzer Company Collective Investment Trust (187,000); each of Berkshire, Mr. Buffett and these pension plans disclaims beneficial ownership in such shares. Thanks for that! It looks like DVA is now a core-holding for the long term... Was looking at DVA in the $80 range but was short of cash to invest into it... it was quite the character of a CEO/founder and a strong moat BUT the governement risk factor is always there
motownsf Posted October 1, 2012 Posted October 1, 2012 DaVita is a great business with obvious tailwinds (aging population with bulging waistlines=more diabetes). You have tremendous customer lock-in too, as customers come back regularly for treatments at the same facility.
rmitz Posted October 1, 2012 Posted October 1, 2012 DaVita is a great business with obvious tailwinds (aging population with bulging waistlines=more diabetes). You have tremendous customer lock-in too, as customers come back regularly for treatments at the same facility. Well, to a point--it isn't as strong as most of companies Buffett would get involved with, as technological change can greatly change the evaluation. In this area, that change may come somewhat faster than in transportation (railroads), for example. Even railroads are at the potential mercy to long-term technological change.
twacowfca Posted October 1, 2012 Posted October 1, 2012 DaVita is a great business with obvious tailwinds (aging population with bulging waistlines=more diabetes). You have tremendous customer lock-in too, as customers come back regularly for treatments at the same facility. Well, to a point--it isn't as strong as most of companies Buffett would get involved with, as technological change can greatly change the evaluation. In this area, that change may come somewhat faster than in transportation (railroads), for example. Even railroads are at the potential mercy to long-term technological change. Nope. The basic technology has been around for more than 40 years. It requires monitoring. Skilled staff is superior to do it yourself. Improvements will be incremental. One disruptive development would be default negative option kidney donor transplants. But this is not on the hot burner.
CassiusKing1 Posted October 2, 2012 Posted October 2, 2012 This begs the question: Why am I not buying DaVita??? The PE is 18, but if you do P/OCF, it's like less than 10 I came across DVA a while back and loved it. But it's a restricted entity where I work and I cannot invest. :'(
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now