"Coca-Cola to pay $2.15 billion for nearly 17 percent stake in Monster Beverage"
And you're not doing too bad yourself.
KO has finally woke up and smelled the coffee.
Similar to the GMCR deal
Lucky for me I just sold puts against MNST after their latest earnings report. It's up another 14 in after hours trading on the KO news.
Yes, I lost 80% of my net worth in the crash of 1972 and 73 but by 1977 my net worth had grown by 10 fold.
Ironically, a company that I owned was taken over by a company that was later taken over by Berkshire. So you could say that I still own the same stock I started with at the age of 12.
Actually my wife purchased another Keurig coffee maker because she wanted a different color.
The old one will be used during the upcoming hop harvest on the farm and later will end up in my man cave.
Thank you GMCR.
I just checked all my IRAs and the total year to date collective return is about 8.5% which is just a little better than the S&P 500.
I'm in the process of remodeling my kitchen at a cost of about .2 shares of BRK. Had I done the job in 1986 it would have cost less $$$ but in terms of BRK, it would have cost me about 6 shares.
You must have been heavy into LO. I was too but I was short call options that limited my gains to about 10-15% in my IRAs but I'm still adding more shares.
I haven't checked lately but I'm guessing my IRAs are collectively averaging a gain of about 10%.
Eight years later and we're almost over 200,000 which gives us a 9% compound rate of return.
72/8=9%--rule of 72. ---------- The rule says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72. For example, if you want to know how long it will take to double your money at eight percent interest, divide 8 into 72 and get 9 years
I was short the 8/8/24, 52.5 put options--net option adjusted cost 51.75/share. Increased my stake by 68% in IRA #1.
AIG trades under 10 times earnings and a 45% discount to book value. And they're also buying back over 1% of their outstanding shares each quarter.
AIG currently makes up 7.3% of the assets in this account and I'm short put options that will increase that figure to 10% in November if it stays under 52.5
I like Inbev too. I've also been drinking a Heineken a day this month.
I'm short the BUD 100 put options so that's my entry price.
It's been a fun ride so far and it looks like it will continue. Earnings up 21% and the stock down.
I bought more today after the close at 114.41 and I'll add more next week if the fall continues.
In other news-hop picking starts in 2 weeks.
It's time for my daily cigar and glass of Two Buck Chuck.
• Oct 18, 2013 10:13 AM
CF Industries/CF-----DEERFIELD, Ill. (AP) -- "CF Industries Holdings Inc.'s board of directors has approved a 150 percent increase in its dividend, the fertilizer maker said Thursday.
The company will now pay shareholders a quarterly dividend of $1 per share. That's up from 40 cents per share. CF Industries will pay the dividend Nov. 29 to shareholders record as of Nov. 15.
"This dividend increase reflects our confidence in the strength of CF Industries' business model and is part of our ongoing commitment to build long-term shareholder value," said Stephen R. Wilson, the company's chairman and chief executive.
Shares of CF Industries added $3.21 to $212.75 in after-hours trading
2 out of three isn't too bad.
I'll continue to hold my shares.
Also bought more GMCR after the close today because earnings are up 21% and the stock is down 5%.