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Frank J. Constantino
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Mr. Frank J. Constantino, of Beckley, W.Va., is an educated private investor with 15 years of experience. Constantino follows the financial markets closely and provides opinion through Seeking Alpha. He was recently named in the "Who's Who of Wall Street" by Wall Street Economists for... More
  • Tweets From the Berkshire Hathaway Annual Meeting 0 comments
    Apr 30, 2011 6:47 PM | about stocks: BRK.A, BRK.B
    Below are a few key points that I tweeted from @investopia at the 2011 Berkshire Hathaway Annual Meeting

    $$ #BRK2011 Buffett: currently looking at a couple of purchases roughly around the same size as Lubrizol

    #BRK2011 Munger: it seems like the [political] parties compete with each other for who is the most stupid and they keep topping one another

    $$ #BRK2011 Buffett: "the United States is never going to have a debt crisis as long as we continue to print notes in our own currency"

    $$ #BRK2011 Buffett: Congress failing to raise the debt ceiling would be "the most asinine act"

    $$ #BRK2011 Buffett: in evaluating a company "you should look at return on tangible assets"

    $$ #BRK2011 Buffett: our rail business is an "excellent asset to own"

    $$ #BRK2011 Buffett "businesses like our utilities...are not going to do as well" in periods of high inflation

    $$ #BRK2011 Buffett: "we know we will not do remotely as well going forward as we have in the past" - because of size

    $$ #BRK2011 Buffett: Fannie and Freddie are "too big to 'figure out'"

    Buffett: Ending of QE2 is probably priced into the market $$

    Buffett: Sokol's actions "inexcusable" $$

    Click to follow me on Twitter http://twitter.com/#!/Investopia
    Stocks: BRK.A, BRK.B
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