It's very bearish Brkb.
Just a reminder the CNBC effect ! Who warned, not appropriate for granny ?
Into aapl! Amazing Cramer allows this fraud to continue and CNBC doesn't suspend him for 30 days shameful. I hope Todd and Ted are selling aapl calls into the con ? Z wouldn't make this up no way ! R experts in fools v I l l e following Buffett into aapl unreal ?
Last year when Jim was promoting the idea that Brkb would or should trade to 1.8 ish xs bv with no dividend and a 1.2 xs bv buyback limit he exposed himself. Nice guy in way over his head. Has he rethought his valuation methods?
They yield more than bonds. Seeking alpha.
Perhaps Simpson leaving was a blessing ? Would munger have prevented Simpson from buying it ?
It should noted that left from citron was on CNBC last month touting valeant as a buy for a trade up to 50 ish or so . CNBC viewers crushed again. Tuff game.
McLean is great stuff.
Great read from sorkin in deal book , ny times. Many years ago I had to deal with this statute fond memories a chapter I'll have to add to my book.
Dickey its customery for a company to pay for a , fairness opinion, to protect bee Hines. Buffett doesn't feel a need to pay for one and I didn't want to spend the money and I warned my shareholders about that added risk factor. For deals the size Brk does it would cost a ton !
Get left behind ?
They can't figure out why the iPo market has died? Perhaps some sharp researcher will do the work. Look into the largest iPos at least a year old. How much stock was sold in year one by insiders, private equity investors etc ? It's all about greed and poor structure the public is tired of getting ripped off.
Jad there is an intangible the Vix. If u buy a put with Vix at 14 and the Vix pops to 20 ish the put will rise even more than the stock price drop suggests. Some day I'll have your email I like a trade you can watch to play along, with my money at risk , lol. Have a grand week end bud and all normal old friends.
Jad don't over think it bro when Cramer and his moronic pals are lying and misleading their viewers on purpose just bet the other way . Don't forget CNBC has called the Buffett bottom in a a p l without even bothering to find out what Todd or Ted paid for it near the quarterly high. Shameful.