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!
I don't know about that but I bet the Netjet crews are brushing up on their Spanish and checking flight patterns into Havana.