Berkshire Hathaway Inc. (BRK.A)
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- Buffett Takes Berkshire Hathaway on $4 Billion Spending Spree [view article]
- The One Buffett Biography Worth Reading [view article]
- What Did Buffett Buy: American Express or Wells Fargo? [view article]
- Berkshire Hathaway: Like a Kid in a Candy Store [view article]
- Largest Companies in the World [view article]
- Is Buffett Buying American Express for Berkshire Hathaway? [view article]
- Buffett: I Was Wrong on Anheuser-Busch [view article]
- How Do You Know When to Buy Stocks? [view article]
- The "Four Filters" of Warren Buffett and Charlie Munger [view article]
- 15 Value Hedge Funds - Portfolio Update [view article]
- Canadian Oil Sands: Gates and Buffett Visit [view article]
- Warren Buffett Accumulates NRG Energy, Ingersoll-Rand and Union Pacific [view article]
loading ...Recent BRK.A Articles
- Buffett Takes Berkshire Hathaway on $4 Billion Spending Spree
- Largest Companies in the World
- Is Buffett Buying American Express for Berkshire Hathaway?
- What Did Buffett Buy: American Express or Wells Fargo?
- The One Buffett Biography Worth Reading
- Berkshire Hathaway: Like a Kid in a Candy Store
- How Do You Know When to Buy Stocks?
- Buffett: I Was Wrong on Anheuser-Busch
- Canadian Oil Sands: Gates and Buffett Visit
- 15 Value Hedge Funds - Portfolio Update
- Full List of Articles »
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Money Managers and the Berkshire Hurdle [view article]
BRK.A is not very attractive at moment:1. We are in a bear market, and bear will get everyone in the end. BRK.A lost 50% in 1974, 35% in 1990, and 40% during the value stock bear market between 1998-2000. This stock is not immune from general market declines.
2. Insurance is in a cyclical decline. After several hurricane-free years, people get gaga again in the supercat business; on the auto side, there seems to be a major price war going on. I'm receiving "lowest price" solicitations from AIG, Allstate, Farmers, State Farm and etc almost on a daily basis. In a climate of rising inflation and higher claims down the road, declining insurance premiums is the last thing a P/C company needs.
3. Valuation for BRK.A is not that great either. It looks cheap compared to the bubblicious late 90s, but is at least 30% more expensive than the 1990 low. Even as late as 1988, BRK.A traded at 1.0 times book when it was a lot smaller, growth prospect a lot better, and Buffett a lot younger. Reply
Canadian Oil Sands: Gates and Buffett Visit [view article]
Open pit mining uses up lots of water, but not much NG;In-situ SAGD process uses up lots of NG, but very little water.
Locals certainly don't like deteriorating environments, but energy, jobs, and money are more important for most people.
Reply
gordon
Canadian Oil Sands: Gates and Buffett Visit [view article]
i have some friends in ALTA whose business is drilling for nat gas, the gas goes over to fort mcmurray to feed the ravenous appetite of the tar sands processing. the gas from the wells is sour, i have not been given the details of gas purification (if any) prior to combustion. maybe someone can fill me in on this,> jack Reply
Canadian Oil Sands: Gates and Buffett Visit [view article]
You get three things from oil sands development: 1. environmental problems that are significant, 2. Jobs, alot of jobs, 3. You also get oil.I wonder what Buffet and Gates were looking at: environment or jobs or oil?
I think they were looking at the color of money. Reply
Canadian Oil Sands: Gates and Buffett Visit [view article]
The most important factor is the vicinity of such a large deposit vis-a-vis the United States and the stable political climate in Canada. Ofcourse one has to keep in mind that operating costs in Alberta Oil Sands is of the order of $70/barrell which can only be sustained as long as crude oil prices remain at a certain point. ReplyMontague
Canadian Oil Sands: Gates and Buffett Visit [view article]
John Gordon's point is correct. I wonder why these article never mention the startling and immense environmental degradation that comes with oilsands crude production. Currently Ghawar in SA is pumped with about 6 million barrels of water to produce 4-5 million barrels of oil. That is NOTHING next to Oilsand production, which needs 2-5 barrels of water to produce one barrel of oil, and ALSO needs one barrel of energy to produce 2-4 barrels of oil. The waste water is worthless, unreclaimable, and is left in huge ponds, one of which is behind the largest earth dam in the world, thirteen miles long. Replygordon
Canadian Oil Sands: Gates and Buffett Visit [view article]
we are talking massive environmental devastation here. wonder how the local athabascan tribes feel about this.> jack Reply
Geek
Canadian Oil Sands: Gates and Buffett Visit [view article]
Buffet was in China this year, and even said today he islooking to invest there. So he likes to see first hand some
of the companies, and sectors that will grow in the
future. He also said he bid 500 million for a company
in China that was turned down. Everyone can
understand oil, and how much it runs our lives. Buffet
knows that the United States wants oil from friendly
countrys, and Canada is just north. Reply
Sequoia Fund Reopens After 26 Years: A Look Inside [view article]
Once you include American Funds' sales loads, they no longer outperform. :) ReplyCanadian Oil Sands: Gates and Buffett Visit [view article]
Why did you not mention MRO? Their position I believe is much bigger than SUN. Reply15 Value Hedge Funds - Portfolio Update [view article]
valueinvestor123 & Jake2 - please visit my blog and read a few posts before making such statements.Fox - I simply picked 10 funds that have historically been considered value investors - and I define that as buying something for less than it is worth.
User 164258 - you are correct and the glitch is fixed on my blog. . .
Reply
15 Value Hedge Funds - Portfolio Update [view article]
I guess I am dumb like you. I think seeing what some pretty bright people are buying and selling is a pretty good place to get ideas to do my own research. It also provides a good benchmark to compare to my own portfolio.You should do some further research on whether Buffett sold COP. I saw another post that he, in fact, got an expemption from the SEC to not report is position in that stock. Therefore, it simply droppped from the list and not sold. Given that COP is pretty cheap compared to the rest and that he and Gates were up in Canada looking at oil sands, it seems unlikely that he just punched out of this position in one quarter Reply
15 Value Hedge Funds - Portfolio Update [view article]
I don't see much "value" in this kind of blanket value listing. Would prefer something more akin to e-valu-ating individual stocks, industries, etc., rather than, "Wither the hedge herd, mate?". Reply15 Value Hedge Funds - Portfolio Update [view article]
I would like to know how you define "value" in the context that you are using it. I see one of the funds you mention has a position in First Solar. Reply15 Value Hedge Funds - Portfolio Update [view article]
Meb is a pretty bright guy and synthesis of other concepts can be very useful. Reply