Berkshire Hathaway Inc. (BRK.A)

All Comments on BRK.A

  • commenter
    Aug 27 03:10 PM
    Largest Companies in the World [view article]
    I, am a chrysler worker here in Canada,cannot talk about the U.S , but I would have to agree with user 218405. A lot of my co-workers and good friends are still waiting for a recall. To conclude dc1 I am not in management, I work in the painting shop.Sorry but the next move from chrysler won t be a recall but to send more workers home indefinitely. I know the economy is bad but over the years,good and bad,the union did not help that sector. They helped me short term but long term it s a different story. A lot of my friends agrre with me but too afraid to voice their opinion,that tells you a lot about the union isn t it? Reply
  • commenter
    Aug 27 02:40 PM
    What Did Buffett Buy: American Express or Wells Fargo? [view article]
    I say this as a Berkshire holder for over 10 years: WHO CARES. Do your own homework and pick either AXP or WFC or pick something different altogether. Warren would never follow someone blindly and neither should any other investor. Reply
  • commenter
    Aug 27 01:14 PM
    Largest Companies in the World [view article]
    To User 218405:

    You must be in management. Very even sided comment.
    Reply
  • commenter
    Aug 27 12:27 PM
    Largest Companies in the World [view article]
    Interesting that so many are Chinese... And Gazprom... Hmm.. Still trades OTC...... jegan Reply
  • commenter
    Aug 27 10:26 AM
    Largest Companies in the World [view article]
    Wal-Mart won't let the unions kill them the way they destroyed the auto industry and education in this country. Reply
  • commenter
    Aug 27 06:36 AM
    My Website
    What Did Buffett Buy: American Express or Wells Fargo? [view article]
    So, split your investment funds into both. Reply
  • commenter
    Aug 27 12:11 AM
    Buffett: I Was Wrong on Anheuser-Busch [view article]
    granger, Owen, et al hit the nail right on the head. Nobody ever went bankrupt taking profits, and he even kept some skin in the game in case he was wrong. His shareholders made money; when you're in a position in which you win big if you're right and win even bigger if you're wrong, you've done your job very well indeed. Reply
  • commenter
    Aug 26 08:22 PM
    Largest Companies in the World [view article]
    It's interesting to not see Citigroup and Bank of America listed among the top firms by market capitalization - when they are listed in the top 10 of the 2007 Forbes Global 2000 -- goes to show the effects of the current financial crisis. Interesting to see HSBC and the Chinese Banks not affected to nearly the degree as BofA and Citi.

    Also interesting to see that almost all the firms are down year to date except Wal-Mart and J&J. (would expect to see a higher percentage of larger firms, which are expected to be more "safe" than smaller firms, holding their own in a down market).
    Reply
  • commenter
    Aug 26 07:32 PM
    My Website
    What Did Buffett Buy: American Express or Wells Fargo? [view article]
    Buy silly putty. It's funnier. Reply
  • commenter
    Aug 26 05:14 PM
    Berkshire Hathaway: Like a Kid in a Candy Store [view article]
    Warren paid around 45 for his PKX. Reply
  • commenter
    Aug 26 05:12 PM
    Is Buffett Buying American Express for Berkshire Hathaway? [view article]

    Get an explanation to how those calculations are being made before you believe them. Those numbers are Economic Capital as defined by IRA in association with what they think about derivative exposures, which basically means, IMO, that if you make a market in derivatives, Economic Capital "as calculated" by IRA is completely deficient because of what they assume about is required because of notional exposure. Notional exposure can increase through time through what is essentially trading and offsetting risks, not really the addition of new positions (ie: if you sell a position to another party, your net exposure went to 0, but your notional exposure doubled). If you want transparency as to what real risk for banks are considering the economic capital needed to underlie the risks on the portfolio, then they need to disclose how exactly they come up with the numbers and I've never seen that. If they have, that's great and it should be more obvious. It seems to me that the numbers they come up with are materially different than from a regulators POV and since JPM has been one of the strongest banks through the crisis and according to IRA faces the largest risk, then either the market doesn't see the risk that IRA supposes they face, or the market disagrees with the analysis.
    Reply
  • commenter
    Aug 26 04:20 PM
    Buffett: I Was Wrong on Anheuser-Busch [view article]
    In this case, being close to management was a liability. Reply
  • commenter
    Aug 26 03:14 PM
    Berkshire Hathaway: Like a Kid in a Candy Store [view article]
    yeah, i've got a spare few million lying around so i can buy a 100 shares in incremental stages from now until the end of the year....is this guy kidding me? Reply
  • commenter
    Aug 26 02:20 PM
    What Did Buffett Buy: American Express or Wells Fargo? [view article]
    Both have serious troubles. AXP credit card debt is the next shoe to fall. WFC, oh those lousy loans. Reply
  • commenter
    Aug 26 02:06 PM
    Berkshire Hathaway: Like a Kid in a Candy Store [view article]
    Author says he just bought 20 South Korean companies. That has to mean something. What the hell is going on in S. Korea that's so great other than selling commodities to China which everyone is well aware of. I've been thinking about PKX for a while. What price did Buffett pay?

    Overall, you can't knock Buffett, period. However, I would not buy into his fund because of his age (portfolio management is all about the manager not the "process developed...") as the author mentions.

    Reply