Talk is cheap. Execution is difficult. Most underperform the market and if you bank on Cramer for your ideas u will eventually be destroyed. Just a matter of time.
Brk's biggest position. Not going to double dip that one. Bnsf looks to still be doing well at unp's expense. Metals and scrap dropping off pretty good.
Since when has logic played a part in the Fed's decision making process? The Fed is just the Treasury's and banker's patsy. It was created to facilitate government financing and to bailout banks. What you read in your government school books is what the government wants you to think.
We will find out soon enough. I will be surprised if there is a gain in bv. I didn't give much credit to the insurance operations this quarter.
Dow was just at 16000 and now over 17000. Feels like a forced short cover. Market is reasonable priced so just for trade shares. BRK has to get through quarter with book value going down. Reaction should be interesting.
No typo but I think the A shares will be 143 and not 145. Don't know how much DTV drops down to bottom line. You have a guess?
So true. The theft from shareholders by top management and their pay structure with stock options and incentive options has really destroyed long term investment psychology.
I would respond by saying most companies don't even last 50 years and BRK is still here and thriving. It may not be a rocket like AMZN or FB but it is slow and steady and if you know what you are doing it can make you alot of money. The trick is knowing how it works.
What would you rather have if you had to make the choice today and couldn't sell for 5 years: BRK or US Dollars?
I am with you. Under 130 seems pretty good compared to other options. My best guess if books closed today would put BV at 145.5K / share today. Down a little from last qtr. let's see if WEB can pull a rabbitt out of the hat and break 137. That would be nice. Glty.