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User 174536 » Comments » BRK.B

  • Skeptical About Buffett's Big Bet [View article]
    Do you really think BRK could buy $34 billion of RRs in the market? Do you think Buffett amassed his fortune by buying "baskets" of stocks?


    On Nov 03 05:13 PM Roger Knights wrote:

    > Why pay a premium and put all your eggs in one basket? Why not buy
    > a basket of RRs at market prices?
    >
    > There's a considerable long-term risk in BNI: The port in Mexico's
    > west coast that is being built, in conjunction with improvements
    > to a railroad line from it to Kansas, that is intended to be a low-cost
    > alternative to high-wage US west coast ports. This could divert a
    > good deal of traffic.
    >
    > I thought China had lots of coal.
    Nov 03 19:48 pm |Rating: +3 0 |Link to Comment
  • Skeptical About Buffett's Big Bet [View article]
    This article is senseless. Do you think BNI management would have sold the company for $70 back in March? If they have any intelligence, the answer is "no".

    Second, there's more to valuation than P/E. What's BRK's cash flow? How's it compare to its GAAP earnings?

    Thanks for wasting 2 minutes of my life with this nonsense.
    Nov 03 15:57 pm |Rating: +5 -4 |Link to Comment
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