Jump to content

Recommended Posts

Posted

Starting positions in KEP, and KDDIY.

Posted

Took a little nibble on Bollore.  Just a 1% position for now.

 

Also a decent position in BAM.  I think it could do well over the next 5 years as they build up their asset management business.  I also like that I am diversifying with BAM away from the US.

  • 3 weeks later...
Posted

FRFHF @ $459

 

If no longer a hedge, attractive with recent moves (Allied World acquisition, pre-election bond shift, private equity moves, investment emphasis, etc.) and at 20% off 52-week high.

Guest Schwab711
Posted

AUXO after the acquisition.

Posted

I bought more Berkshire B shares today. Business results should be very good.

Too much of a good thing can be wonderful.  :)

Charlie,

 

Yes, to me also, BRK is still a buy - at these levels.

Posted

I bought more Berkshire B shares today. Business results should be very good.

Too much of a good thing can be wonderful.  :)

Charlie,

 

Yes, to me also, BRK is still a buy - at these levels.

 

Before today I had written some 155-strike puts. If BRKB had fallen today I was going to write some more.

Guest longinvestor
Posted

I bought more Berkshire B shares today. Business results should be very good.

Too much of a good thing can be wonderful.  :)

 

Good for you!

 

I am looking forward to the earnings report for 2016; Expect earnings (operating including insurance) to be approx. $15,000 per A share. If so, it will be yet another year of the stock selling well below IV. Would like it to stay so until the day I retire. And then it can go crazy and start selling @ or above IV.

Posted

I have opened a position in The Travelers Companies (TRV):

 

Average annual operating return on equity over the last 10 years: 13.8%

CARG in BVPS over the last 10 years: 9.7%

BVPS in 2008: +5%

CAGR in dividends over the last 10 years: 10.1%

Total return to shareholders for the last 10 years: 250%

Dividend Yield: 2.2%

Payout Ratio: 25%

Debt/Equity: 0.26

Price/BVPS: 1.4

P/E: 12

 

This is imo an outstanding company selling at an attractive price.

The change in management that occured last year might constitute a source of uncertainty. Anyway, Mr. Schnitzer already was CEO of Business and International Insurance, and seems to know the company very well and to be perfectly alligned with its culture.

 

Cheers,

 

Gio

 

Posted

Another little basket of fannie mae preferred's.  Now my 3rd largest holding.  At least with fannie I feel like I can make some money with all this political non-sense instead of just arguing about it.

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...