Recent

% | $
Quotes you view appear here for quick access.

Berkshire Hathaway Inc. Message Board

  • bobo21029 bobo21029 Jun 17, 1999 3:06 PM Flag

    More on KO....

    ....man, this thing's turning into a public relations fiasco!....it just won't go away...
    http://www.nytimes.com/aponline/f/AP-Belgium-Coca-Cola.html

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • because it's dead.

    • do you know where I can get some???

      Greg

    • <EOM>

    • What a lot of people don't realize is no one
      cares what the stock prices do of companies Buffett has
      no intention of selling.
      First, the dividend
      yield on these companies is well over 10% based on
      original cost basis. This doesn't change a bit with their
      flat EPS years or low stock prices. In fact, dividends
      are raised ANYWAY!

      Second, these stocks are
      carried on the books with a corresponding 35% tax
      reserve. Thus, the moves down are not 100% felt by BRK
      because the majority of G and KO's current prices are
      pure profit taxed at 35%.

      Will BRK take a hit
      based on G's performance tomorrow? Probably, but who
      the hell here really cares anyway? Was anyone
      planning on selling anytime soon? Unlike the nuts which
      produce great short-term (and highly taxable) income, BRK
      is an investment that we all know is appreciating at
      a high rate whether the stock reflects it in the
      near-term or not.

    • Martha....

      Outside of BRK, my only
      insurance holdings are LUK (which basically sold out at the
      top), and Tokio Marine and Fire -- Which is basically a
      play on Japan (TKIOY).

      Send me an email,
      please.

    • Lleweilun:

      <What insurance journals are
      out there? Why should I believe the claims that GEICO
      may be the second largest auto insurer in a decade,
      for example? Where do I get the numbers to compare
      them to say Progressive?>

      Go to a big
      library and look at A.M.Best publications....There
      insurance reports (wildely available), and aggregates and
      averages (prob harder to find...hence big
      library)

      Also, while at the library, get a stack of National
      Underwriter's (PC edition).

      Good luck.

    • Dear all,

      Martha, you seem to be
      knowledgeable here, but I'd be interested in anyone's
      help.

      What insurance journals are out there? Why should I
      believe the claims that GEICO may be the second largest
      auto insurer in a decade, for example? Where do I get
      the numbers to compare them to say
      Progressive?

      Similarly, who are General Re's major competitors?

      Is
      there a good "introduction to the insurance industry"
      out there?

      Also (more off-topic); do you have
      any info on the life/health industry as well? (I'm an
      AFLAC shareholder)...

      Thanks

      Lleweilun
      Smith

    • Not optimistic given CNA personal lines
      acquistion -- in over their heads on independent agency
      distribution. Auto margins currently headed in the wrong
      direction. Added catastrophe exposure is also a problem.
      Difficult to reflect the magnitude of the potential
      downside of their cat exposure in the stock price.
      Wouldn't be where I would choose to place a bet, but there
      is always a price low enough I guess.

      Best of
      success.

    • G really missed the numbers...
      a PE of 50
      with negative earnings growth
      doesn't look
      good....
      G should be glad it's not a small cap with that
      kind of growth it would end up losing more then half
      it's value in one day
      but I'm sure G will only lose
      5 to 10 points
      the impact on BRKA...
      BRKA
      will break below 70000 tomorrow

    • You, ignoramus, Benkea, and a few others give me faith that there is intelligent life on this board. Charleston, too, when he is in focus and talking about BRK, not society.

    • View More Messages
 
BRK-A
217,500.00-2,200.00(-1.00%)4:01 PMEDT