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Berkshire Hathaway Inc. Message Board

  • napart napart Dec 18, 1998 12:55 AM Flag

    New Boss

    I'm still alive... just started a new job... been
    trying to talk my new boss into picking up a few B's (I
    don't think he has enough money for 5 A's like I
    have)... couldn't be a better time for him...

    Greg

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    • .. the good language too.. life can be goodfun w/o 4-letter words too, right
      ciao, all the best

    • WalkSoftlyButCarryBigStock WalkSoftlyButCarryBigStock Dec 19, 1998 8:17 AM Flag

      "been trying to talk my new boss into picking up
      a few B's (I don't think he has enough money for 5
      A's like I have)"

      Your boss probably is not
      secure enough to know about your BRKa's. He'll get
      paranoid and see you as a threat. Remember that when you
      have a boss that makes you the slave; and when the
      wealth is reversed things can get real strange real
      fast. Bosses don't expect their employees to be more
      successful with rare exceptions.

      When I'm dealing
      with someone that can't afford a few B's, I wear my
      sport coat and (only after I'm pressed) I might share
      the fact that I own a few shares of a failed textile
      business and it's thinly traded. When dealing with those
      in the know, out come the Hickey-Freeman's, the good
      car and the ain't BRKa great
      conversation.

      Good luck on your new job.

      • 2 Replies to WalkSoftlyButCarryBigStock
      • I like your style... and your concern for how
        OTHERS may feel. I stress 'others' becuase in this day
        and age, almost everyone I meet think only of
        themselves... it's amazing how these self-centered people think
        they are better than their peers, or the bit about how
        "Age doesn't matter".... If I'm x years older than my
        boss and age doesn't matter, why am I sitting on
        y-number of 'A' shares and he's sitting on car payments???
        Many times I get the urge to one-up these guys, when
        they try to step all over you in their selfish race to
        the top.... it's refreshing to see that there are
        people out there who can see the bigger
        picture.

        And yes, I run into the same problem when friends ask
        me what stocks I own. The "failed textile business"
        is a good answer. :-)

      • I hear what your saying and I agree. However, he
        asked me and I was truthful in my recommendation. Also
        he is the owner of the company and my intentions are
        to gain a sizable degree of control. What better way
        than to have a record of success?

        Greg

    • ......" been trying to talk my new boss into
      picking up a few B's"....Here was my experiance for what
      it's worth.....Years ago a co-worker asked me what
      stocks I owned....I mentioned one that had done well for
      me.....later, unbeknownst to me the guy went out and bought
      some.....next thing I know, he comes up to me and says..."Hey,
      that stock went down and I'm losing money"...like it's
      MY fault or something........after that I made it a
      rule not to talk specifics about stock on the job...if
      you tout a stock and it goes up, nobody will thank
      you; and if it goes down you'll get
      blamed.......that's just the nature of the human condition......the
      beat goes on.....

      • 2 Replies to bobo21029
      • <<if you tout a stock and it goes up,
        nobody will thank you; and if it goes down you'll get
        blamed.....>>

        Yeah... I had a similar experience. I found a company
        with strong fundamentals, was in business for 100
        years, brand name and was beaten down due to fear. A
        friend of mine who was just starting out asked me what I
        thought was a good pick. I told him about a stock that I
        bought a shit load of... ($50k) This was my version of
        Chrysler! It was going to put me on easy streat... He went
        and bought a bunch of shares and the company suddenly
        reports accounting irregularities and then immediately
        goes bankrupt!

        Wow! His first investing
        experience and he lost it all!!!! I felt bad, even though he
        didn't place any blame on me... oh well, at least I ate
        my cooking!

      • <<<I made it a rule not to talk
        specifics about stock on the job...if you tout a stock and
        it goes up, nobody will thank you; and if it goes
        down you'll get blamed.......that's just the nature of
        the human condition......the beat goes
        on.....>>>

        Truer words have never been spoken!

        I NEVER talk
        about which stocks I own, but for another reason. I
        think that talking about it makes my investment
        decisions worse, not better. If I talk about specifics, I
        might be afraid to buy a stock because others would say
        "what a dog you bought".

    • <<(I don't think he has enough money for 5 A's like I have)>>

      Aint it great to be 'richer' than your boss....

 
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