Mr Buffet welcome to the 21st century. I am of course referring to his Billion $ investment in AAPL. Now this Fund should return to it's past glory. It opened 2015 @ about $150 IIRC. MSFT & FB are still Excellent Long Term Investments also.
I am adding shares at the end of each month for the rest of this year and beyond. Holding this stock makes the most sense because as a holding company and conglomerate, it has no peers.
Sentiment: Strong Buy
The company is not a growth company. It is a value company. If it were a growth company it would have the same problem Apple has: too big to grow much!
Overall EPS exceeded analyst projections. The beauty of being a conglomerate is that oftentimes when some of your holdings underperform for a period of time you have other holdings that outperform and things balance out. This is what transpired during Q1, 2016. BNSF and the insurance operations had a rough quarter (still very profitable), but investment returns more than offset the less-than-expected operating EPS. Short-term investors, as usual, are overreacting to a 90-day earnings snapshot. This too shall pass.
Which was attended by 40,000 people, and broadcasted live via yahoo finance.
People trading Friday night's SEC filing are morons.
Sentiment: Strong Buy
They reported last week at the annual meeting. This was already known.
Last Year: $2,583.00
Actual this Yr $2,274.00 !
Blodbath for Berkshire on Monday !
This stock is hugely overpriced for negative earnings growth of this magnitude !
just to clarify, In 1988 the "A" shares were the only ones available, so I assume you meant 10 A shares, also the high/low price of A shares in 1988 was $5,050/$3,000 so again I assume you meant 10 shares at $5,000 for $50,000 total. I bought my first A shares in 1995 for $21,900 each so in 7 years you gained over 400%, for me it was 20 years for a 10 bagger. (I still have them but at my age not for too much longer)............. cheers
billybob...I would be embarrassed to publish that name......I bought 10 shares of BRK for $5K in 1988....
He can keep the dividends...LOL...Why would I want to pay tax every year when he reinvested the money at a greater return than I could get by myself....Say sooooheeeee. billybob.....
Dude, you could not be more wrong!
Target buys close to, or modestly above, 1.2X book.
Buffy wrote, page 37 of the 2014 Annual Report:
"If an investor’s entry point into Berkshire stock is unusually high – at a price, say, approaching double book value, which Berkshire shares have occasionally reached – it may well be many years before the investor can realize a profit. In other words, a sound investment can morph into a rash speculation if it is bought at an elevated price. Berkshire is not exempt from this truth.
Purchases of Berkshire that investors make at a price modestly above the level at which the company would repurchase its shares, however, should produce gains within a reasonable period of time."
It may remain undervalued for a long period of time. The average P:B of the S&P 500 is about 2.6; Berkshire is around 1.5 price to book. Continue buying as long as P:B is below 2.
I just covered my Short Position!!!!! Like taking Candy from a baby!!!!!
Who hires these fools !!!!
The Puter mob is way over rated!!
I guess you haven't heard of savings accounts or CDs....by the way did you have a chance to ask Warren about the dividend income BRKA and BRKB holders never see and how much of it may be going to the Hillary campaign?
Patience, patience....I know most "Berkies" would rather follow blindly and wishfully but if you take the time to analyze you will find that, at best, this is about 10% growth stock...you'll get to $200 in about 3+ years....and 10% ain't so terrible..better than a savings account or CD....now if you want to beat the 10% you'll have to do some work and analyze the individual stocks making up the Buffet portfolios ... those are the gems you need to research and take a little risk with...and guess what you'll find that you get a nice dividend on many of these.....or just stay "fat, dumb, and happy" and enjoy the 10%.