brkb, ibm, look at the 2 year chart , despite buffett promoting ibm hard,
yet still, no one asks what I asked two years ago, WHY ibm over brkb ? brk could have bought back 2.5-3 billion of Foundation sales a year the past 3 years over ibm, he had no interest ? IF he bought back brk couldn't he make the same argument he is making with ibm, all brk shareholders would own more geico, more see's, etc ? brk would be 125 plus, ibm would be in the 160s. This wens will be a big day, will buffett continue to support Jamie Dimon ? Harold Ford and Rattner are regulars on morning joe, will THEY ask substantive questions of buffett or will this be another love fest without becky, joe, and carl ? IF, IF buffett goes after the FEDS again and supports Dimon , it's time for our BODs to keep buffett off these TV interviews before he blows his rep and hurts our stock. It's not our fight, he should pass and move on !
So what IBM hasn't done much the past two years, that's a small amount of time to an investor. You'd need a crystal ball to be able to say BRK would perform better than IBM, NO ONE KNEW. And from here who's going to perform better the next 10 years. I'll give you a hint I just mentioned the answer.
what I know today is what i knew 2 years ago, that in 5 years brkbs bv will be higher, iv will be higher,the stock will be higher and when he buys back brk I own more bac, geico, see's,and the wts we got from the sweet heart deals in the past etc. BRK owns buffett's best ideas IF I want to own IBM vanguard charges me 2 bucks to buy it. PLUS, I want uncle warren to promote brk, not ibm, dig ?