it was 53-47bull , it should be noted the same bull expert was the BULL last year !! watch closely brky, it may be setting up as a perfect short into the bargain buyers because DOWN is GOOD !!
viewers who will see their version of events !!
Why It’s So Hard to Fix Medicare Fraud, wall st j.
morning, seems to me we'll know after the filings what major changes occurred in the portfolio and IF they got it right ?
morning brky, well done bud but u r missing something bro. ginny HAS to guide to numbers she can bet HAS to, no other option. IF she misses her own guidance in q-1. she's gone. lets see what HER new and improved numbers are. btw, I can't wait to read this years letter to you, some of you old time brkheads haven't got a clue who buffett is. have a grand day.
beach, what we have here is a failure to communicate !! lets see what ginny has to say.
for the past week experts on all three financial networks have been touting the, dogs of the dow, theory. all have pointed out that ibm has been the worst, DOG of the dow, ruff ruff.
FIRST contrary idea, ibm is in the dogs for the first half of 2015 again. IF ginny cant beat the new and improved guidance she gives in jan, she will be gone by q-3 and the stock will rally on the news.
2nd, the same experts touted xom, cvx, and the drillers for 2015, DOGS of 2014. In the first 1/2 of 2015 oil will break 50 and this group gets wacked again.
buffets 2015 letter, tho brkb THE STOCK, has had a monster year, in large part because of the split and buyback , buffett just suffered through the worst 5 year period of his life with respect to managing brk cash. Buffett will admit how poorly he has done, and he will address errors of omission, aka, the OPPORTUNITY COST , of not understanding the true vale of brk and using BV as his fatal attraction, over IV, hence the lost opportunity of buying back brkb in size over the past 5 years.
GLD getting bashed by experts , will outperform spy in 2015.
I'll come up others later, anyone else want to play, 2015 ??
both b of a and brk account for the in the money wts. read the 10ks its in the footnotes. We are feeding 30 tomorrow, the boss is putting me to work, lol, later bro.
bro, the post says, buffett THE MAN, how he thinks and acts that was my point. He could have asked munger to proof read the sokol release he didn't, follow ? buffett told us he read the ibm filings for years never bought it until 2011, obviously beach made up the gates story. btw, as far as I know the gates foundation has never owned ibm. it has followed buffett into other brk holdings. also brky, the bdy disclosure and transparency issues i've raised are NOT going to put brk out of business, if I thought that I wouldn't own brkb OR pound the table for 10 YEARS to buyback the stock, right , old bud. buffett SHOULD lead by example, munger would like to not disclose at all.
I would guess they are marked to market, its no secret we scored large on front running the fed, its a beautiful thing !! happy holidays professor, u never told us, did you teach Eco at Harvard or Yale ?
morning beach , worst case, the experts now have q-4 at 5.60ish,down from 6.30, 90 days ago, maybe they miss again in the low 5.00 area. For 2015 experts now have 16.50ish, down from 18.50ish 90 days ago, worst case ginny guides to 15ish. PLUS, worst case, buffett took the tax loss on 20-30 million shs. PLUS, maybe the dow stops going up every week, forever, then ibm may break 150. I know, I know, buffett HOPES its all worst case, so that ibm can buy more in the 140s and THATS YYY buffett bought ibm in 2011, I know. the STORY is BROKE old bud, comprende ? take a look at the VL numbers in the last report,90 days ago, ibm is slowly going out of control. the STORY he bought has changed, I HOPE ibm earns 20 $$ in my lifetime I really do. good luck averaging down.
good stuff brky, yep, find out how much sokol got paid to shut up and move on. I guess I predicted brkb would go no bid as a result of sokolgate and I have been shorting brkb, on margin, ever since. and BUYING the puts too,
there is a 30 % chance buffett will for the first time admit he was too focused on BV which caused him to greatly underestimate the market value of brkb. His buyback limit should have been higher and he should have been more aggressive buying back brkb at, a material discount to IV for the past 10 years. That will be this years SHOCKER, the ibm call is a lay up for anyone who knows even a little bit about buffett !
ANYONE else want to play, whats in this years letter, do it now not AFTER its released ! Merry Christmas to all, even the stalkers, whinos, madrassa gold smokers, experts, etc.
several years ago brk put out that sokol press release. the first day I said, there is no chance, zero, that a lawyer wrote or proof read that press release, he wrote it from his heart and ordered its release, period ! for YEARS experts bashed me, remember beachy ? they asked me, did I know what munger did, yes I knew, munger practiced real estate law in the 1800s, I knew, but I said buffett never asked his to proof read the release. THEN they asked, did I know who represented brk, yes I knew, it was mungers law firm, I knew, but buffett didn't ask them to proof it either. a few YEARS later buffett for the first time admitted it was a mistake to write that press release and file it WITHOUT having a lawyer proof it, THATS uncle warren ! experts wrong, again. in this years letter buffett will REPEAT what he already told us, HE read the ibm filings for over 20 years and in 2011 he FINALLY bought the ibm STORY and bought ibm with both hands, period. HE will take 10000 % responsibility for buying ibm and he did not discuss the merits of ibm with gates prior to buying it, period. THATS uncle warren and the beauty of the man, HE takes full responsibility for HIS errors, period ! to be continued,
professor, I have to admit you r becoming one of my favorite posters. only U, UU, UUUU, would argue that the worst dog of the dow in 2014 , a stock that made 3 year lows, was a money maker !! U daman. lets wait for the letter buffett will tell all !!
professor, goog, opportunity cost , and get back to us. btw, do we pay tax on the ibm divs, is there any taxable event buying and owning brkb ?