cocomurph

Berkshire Hathaway Stock Portfolio: At Risk of Resembling an Index Fund?

".... There are the rights-of-way, which you can’t get rid of. So there’s no issue about having to earn a return on them because you have to keep it in the business, and because there’s nothing they can do with those rights-of-way. ..."

VERY short-sighted! Get rid of the rights of way?! There are lot's of things one can do with the rights-of- way BNI owns....limited only by one's imagination.

Lowe's, Home Depot Create False Sense of Optimism

".....For one thing, the number of stores opened by Home Depot and Lowe's exceeds seven million and continues its steady increase three years after the downturn in housing..."

Seven million stores??!!! Come on...maybe 4-5,000 combined in the USA.