RonB

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    • Sun Sep 7th 14:26 PM | Rating: 0 0
      Commented on:
      Buying Berkshire: The Ultimate No-Brainer
      There is absolutley no evidence to indicate that Buffett has been buying more US Bancorp or Burlington Northern. Another misleading inaccurate post from Alpha.
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    • Mon Aug 18th 13:07 PM | Rating: 0 0
      Commented on:
      Banks Scramble to Refinance Their Long-Term Debt
      Its very hard to understand why people like this ignore reality to create as much negativity as they can - unless they are short these stocks and are trying to drive them down. Anyone interested in the facts should read Wells Fargo's Q2 transcript and news release. Loans up 15%, revenues up 16%, spreads on new business at the highest rates in years, overall increases in net interest margins, improving Tier 1 ratio, and so on. All this negativity is providing an excellent buying opportunity.
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    • Fri Aug 15th 19:05 PM | Rating: 0 0
      Commented on:
      Checking In on George Soros
      The article is also misleading about Buffett's Ingersoll Rand positon. Most (if not all) of the increase resulted from Ingersoll's purchase of Trane. Buffett was already a holder of Trane shares, which were converted into Ingersoll shares.
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    • Fri Aug 15th 18:49 PM | Rating: 0 0
      Commented on:
      Checking In on George Soros
      Articles like this are unfortunate, as the information presented is completely inaccurate. There is no indication whether Buffett sold or added to his ConocoPhillips holding, as he received permission from the SEC to supress disclosure of his activities in that stock until a later date. So disclosure of his position was omitted. That does NOT mean that he sold it.

      As to Union Pacific, he did NOT double his position. Union Pacific split its stock 2 for 1 in May, thereby doubling the number of shares at half the price. I suggest that whoever edits this information review it for accuracy, as otherwise trusting and unknowledgable people will be grossly misled.
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    • Fri Aug 15th 13:19 PM | Rating: 0 0
      Commented on:
      More Problems for the Ailing Financial Sector?
      It is very easy to take the negative approach. That takes no work, no vision, no constructive effort. This same sort of gloom and doom was written in the early 1990's. It was incorrect then as it is now.

      The stronger financial institutions will come out ahead when these problems work their way through the economy. Wells Fargo, for instance, reported last quarter that it added 15% to its assets and improved its Tier 1 ratio and its net interest margin. All the gloom forecasters can see is the looming writeoffs that most banks will face over the next few quarters. Looking past that, however, well capitalized, disciplined banks like Wells should profit handsomely from the new business they are getting now, and the assets of troubled banks they are acquiring at a discount.

      Wells Fargo is a substantial holding in my personal and client accounts.

      Ron Beasley
      Investment Advisor
      rwbi.net
      View article »
    • Fri Aug 15th 08:33 AM | Rating: 0 0
      Commented on:
      Warren Buffett Accumulates NRG Energy, Ingersoll-Rand and Union Pacific
      Whoever wrote this doesn't do much homework. Buffett did not add to his Union Pacific holdings. The number of sharees doubled because the stock split 2 for 1 in May.
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    • Tue Jul 29th 13:02 PM | Rating: 0 0
      Commented on:
      Making Profits Through Understanding Market Psychology
      I don't know of any highly successful long-term investors that use this kind of approach. Warren Buffett doesn't. Prem Watsa doesn't. They are both billionaires. Much of this thinking comes from laziness, a lack of willingness to put in the time to understand and differentiate between companies, and to look pat the current noise and discern what the landscape will look like five years out, not next month. Everyone wants a shortcut. There aren't any. Do the work, understand what you are buying, and pay a price that is lower than the value of the business, and you will consistently do well.

      Ron Beasley
      Investment Advisor
      rwbi.net
      View article »
    • Tue Jul 22nd 13:42 PM | Rating: 0 0
      Commented on:
      3 Stocks for Uncertain Times
      The writer is on point with Kraft. It is an excellent purchase opportunity at the currrent share price. Input cost problems are temporary, as a substantial portion can be passed on through pricing. There is ample cash flow for stock buybacks, lots of room for financial engineering, and an outdated product line that the recently appointed CEO is aggressively working to improve. The Post splitoff is a good example, and will result in a lower share count. Many people are seeing only short-term problems, but others, like Buffett, see that long-term opportunities are extensive. The company's distribution channels are a key factor.

      Kraft is a substantial weighting in my personal and client portfolios.

      Ron Beasley
      Investment Advisor
      rwbi.net
      View article »
    • Fri Jul 18th 11:57 AM | Rating: 0 0
      Commented on:
      Wells Fargo Lays Bear Trap on Wall Street
      Let's see...should I listen to some emotive blogger with an obvious agenda, or pay attention to Warren Buffett, who has been adding to his substantial $9 billion plus stake in Wells Fargo as the stock declines? Gee, there's a tough choice! This areticle is absurd, but everyone is entitled to their own opinion. Panicky people like this who don't understand banking have created a wonderful opportunity to buy stock in a high quality company at a bargain basement price.
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    • Mon Jun 23rd 13:07 PM | Rating: 0 0
      Commented on:
      Airlines Up on Lower Oil, Financials Next?
      Wells Fargo is an extremely attractive opportunity at this price. It has been acquiring other banks in all thjis turmoil, which is hardly the activity of a bank that needs to raise capital. It is also Warren Buffett's second largest holding, and he has been adding to it. I have been adding as well. The herd is throwing out the good with the bad, which always provides bargains.
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    • Thu Jun 19th 08:14 AM | Rating: 0 0
      Commented on:
      Transports Hit New Highs as FedEx Hits New Lows
      This is about as useful as reading tea leaves by the full moon....
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    • Mon Oct 1st 12:55 PM | Rating: 0 0
      Commented on:
      The Buffett Sell Signal
      Buffett already owns 17% of USG. To say its a sell signal that he isn't buying the entire company is absurd.
      View article »
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