different buying it at 2 rather than 60.does a deal with obama for release of c ship,stock goes to 60 min,berkshire adds 10 pts overnight and wb controls a 5t industry.
Jad, you sold at 82. I never understand why you would care about a stock that you sold in the 80's .If I were you, I wouldn't be showing my face on a stock board that you missed 75-100 % percent move . As I recall, you also stated that Berkshire would never go above 1.2 again .
thanks for your reply.anyway of contacting their ir people and recommend they look into fannie mae and freddie mac.i think they are giving up a huge opportunity there.he used to own them in the past when they were 10x higher in price and not earning as much.just curious.
i am new to this stock.you seem to be informed on this company.i think wb should look into buying fannie mae and freddie mac which he once had.its dirt cheap and he can control the entire housing market.they only make 25b net per year.
First,not all their stockholdings are down for the year,their bank holdings for example have done quite well.and don't forget the divedends they receive which is a billion dollars or so yearly. Their derivative book has also done well in this up market,but the real focus of Berkshire is now on their wholly owned businesses,90 or so,buying new ones to add to the exisiting stable,and their equity investment/funding deals like Tim Hortons/BurgerKIng and Heinz.They have the best business model ever conceived and execute it quite well.For example their revenues will be close to $200 billion this year which is a 10% increase over 2013.Can you give me the name of another company of their size that has done that?
80% of Berkshire's earnings come from 70 plus Companies(Not including 500 plus companies that the subs have added too) that they own ie Burlington , Luberzol , Geico, Marmon etc... Stocks like Coke are cash cows because Berkshire's cost basis is 3 bucks. Berkshire paid about 1.2 billion for its coke stock. The money Berkshire gets from Coke is about 700 million a year just from divs.
IMO, BRK-B "the stock", outperforms BRK-B "the business", for the simple reason that people get excited and bid the price up faster than the business actually grows. Just look at the vast majority of folks who post here. Judging them by their posts, they are unabashed stock pumpers. They buy at every increasing prices because the price has been rising, and, the price rises because they continuously buy at every increasing prices. BRK-B has become a momentum stock. Eventually the music will stop, the bubble will burst, and some poor sucker will get stuck holding this hot potato. Enjoy it while you can. JMO.
The YTD market performance Its top five holdings?
Seriously, I'm new to Berkshire and honestly don't understand howi it does so well while its major holdings look lackluster this year...Must be the trains and insurance businesses?
VOO, GE, WFC, BRK.B: Large Inflows Detected at ETF
By BNK Invest, December 16, 2014, 10:54:42 AM EDT
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard S&P 500 ETF (Symbol: VOO) where we have detected an approximate $379.6 million dollar inflow.
Sentiment: Strong Buy
Only place I've seen this news. Is there a source for it?
Sounds like a lot of hooey.
Get your attention like.......
1. OMG! It's $200, I better buy some here quick!
2. OMG! It's $200 and I missed a $50 gain because I thought $150 was a sissy number!