Biglari holdings owns berkshire, GS??

[Gopinath]

Anyone looked at this?

 

http://www.sec.gov/Archives/edgar/data/93859/000152153612000124/q1100370_13fhr-biglarihold.txt

[Ballinvarosig Investors]

Re-post - http://www.cornerofberkshireandfairfax.ca/forum/general-discussion/biglari-holdings-investment-portfolio-revealed/

[Parsad]

I don't see ITEX either.  It used to be held through Western Sizzlin, but I'm not sure how they are reporting it now.  There is no disclosure on any 5% filings for ITEX on EDGAR regarding Biglari Holdings, Steak'n Shake, Western Sizzlin, Biglari Capital or Sardar Biglari.  So I'm not sure when they sold or what happened to it.  Unless I'm blind, does anyone else see anything?  Cheers!

[ragnarisapirate]

I don't see ITEX either.  It used to be held through Western Sizzlin, but I'm not sure how they are reporting it now.  There is no disclosure on any 5% filings for ITEX on EDGAR regarding Biglari Holdings, Steak'n Shake, Western Sizzlin, Biglari Capital or Sardar Biglari.  So I'm not sure when they sold or what happened to it.  Unless I'm blind, does anyone else see anything?  Cheers!

 

What about getting a shareholder list?

[Parsad]

They had more than a 5% position, so there would have to be a filing when they bought and if and when they went under.  I see nothing for them regarding ITEX in their 13-F, and no 13-D filing saying they've gone under 5%.  Cheers! 

[Parsad]

Actually, the strangest thing in that portfolio is that Biglari Holdings holds $75M in Biglari Holdings!  Tie them up, control those votes!  Cheers!

[ragnarisapirate]

They had more than a 5% position, so there would have to be a filing when they bought and if and when they went under.  I see nothing for them regarding ITEX in their 13-F, and no 13-D filing saying they've gone under 5%.  Cheers!

 

Right, I was just throwing a shareholder list request out there as a way to figure it out pretty quickly.

[Parsad]

It's actually not easy to request a shareholder list.  You actually have to submit a request to the company, and then depending on their mood, they will decide how quickly they will respond or at all.  Cheers!

[alertmeipp]

wow, easy money to him.

[Ballinvarosig Investors]

I don't see ITEX either.  It used to be held through Western Sizzlin, but I'm not sure how they are reporting it now.  There is no disclosure on any 5% filings for ITEX on EDGAR regarding Biglari Holdings, Steak'n Shake, Western Sizzlin, Biglari Capital or Sardar Biglari.  So I'm not sure when they sold or what happened to it.  Unless I'm blind, does anyone else see anything?  Cheers!

ITEX is not deemed reportable by virtue of the fact that it's traded OTC. The SEC maintains a list of securities that must be filed in a 13F, see this link, might be helpful in future - http://www.sec.gov/divisions/investment/13f/13flist2011q3.pdf

[Parsad]

Thanks Ballin! 

 

I think that's ridiculously stupid though of the SEC, and no wonder you have so much manipulation in the OTC market.  We filed on Chanticleer, even though we didn't have to report I guess.  I'm much more comfortable doing that, whether required or not.  Cheers!