My point is that insurance broker can represent both the insured and the insurance company. That is a conflict of interest that will result in less than fair treatment of the insured. Whenever there is a duel interest on behalf of the broker, the insured suffer.
Investing in Insurance Brokers would be like investing in Used Car Salesmen. Most are of low character and lack the prestige that Warren demands.
It may be hard for some investors to go long term on an 83 year old CEO that has never eaten a vegetable, taken a sip of water, or maintained any of the dietary guidelines of society. Drink some more cherry coke and wonder why you are blessed. Warren is special.
I think that even a Missouri mule will soon be given a very large bale of hay to chomp on! Long Geron and optimistic on its near/long term future.
Save over $7.6 million(his salary) and get a real CEO. Tillerson is the problem XOM is not performing as well as other major oil companies. His fraternity club of ineptness also must go. Time to start making the shareholders some money but it cannot be done with Tillerson in command.
It pains me to think that after bad earnings, Tillerson will still probably get compensated at levels equal to or above his current level. I like when performance equates to compensation. However, this is often not the case.
DVA is on life support already. The debt/equity ratio is not good. Perhaps, Warren can help with the DVA debt but it seems a bad investment especially with the start of Obamacare whose motto is "if we refuse medical treatment, we save money".
The reason is mostly taxes. Warren makes a profit and it is taxed. If dividends were paid, more taxes to shareholders. If Warren re-invests the "dividend" , taxes are avoided until shareholder sale.
PBR in my opinion is hampered by the political climate in Brazil and Socialism. We in the USA are hampered by Liberal Democracy and Obama. Obama has definite Socialist ideals and feels that government is best to run all business and health care. The people will oppose these ideals when the economy continues to remain in neutral while debt and taxes skyrocket.
I would caution against this stock because of several factors especially the debt/equity ratio of over 20,000.
Isn't Ballmer the real problem? Is he only a legacy products manager and incapable of innovative products that really can compete against APPL?
Go back to 1999 and MSFT was at its current price in 2012. No leadership = no increase in stock price. Ballmer must go soon, very soon.
Buffet is a Democrat that is a fiscal conservative but a social liberal. His father was a Republican Congressman from Nebraska but Warren went Democrat during Civil Rights era and never looked back. I wish he was Independent cause both political parties are evil.
It is my opinion that the odds of a dividend for BRK are nil. Warren wants capital that he can invest with more profit for the shareholder than a dividend. Warren is a stubborn man, especially with things like his diet. Breakfast = strawberry ice cream (or maybe a ham sandwich), Lunch = burger and fries, dinner = steak and hash browns. He has never eaten a vegetable or a salad and like dividends, he has never been a fan of them. When he traveled to China with Gates, people were sent to teach them to cook burgers where there wasn't a MacDonalds. He prides himself like eating like a 3 year old. Somehow, his persona is capable of making mostly good investments although he sometimes gets burned like the rest of us.