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Owen

Owen
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  • The 2 Real Threats To The Future Of Berkshire Hathaway (And Its Defense Against Them) [View article]
    Well, Buffett has never gone back on his word before, but TheSlayer insists that he's seen stranger things than that happen, so I guess anything is possible.
    Jan 21 04:58 PM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    Are you still running around trying to peddle your stock?

    The fact that some pharmaceutical company is controlled by a billionaire doesn't make it a "Buffett type of stock".

    Please just go back to the Yahooligans boards. We're trying to conduct a serious discussion here.
    Jan 20 09:50 AM | 3 Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    "is your family will buy IBM or KO? AS STAND ALONE STOCK? "

    In addition to my indirect holding through BRK, I also directly own shares in WFC, IBM and WMT. I think KO and PG are a bit too expensive at the moment.

    And don't give us the old, "let's see in one year". You've been here five months. A year from now you'd either be gone or post under a different alias. People like you usually don't have the attention span to stick around, nor the integrity to stand behind their words.
    Jan 19 02:47 PM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    Agree on both points, Christopher.

    I bet being added to Berkshire's portfolio is enough to lower a stock's beta. Even if Buffett isn't actively buying additional shares (thus capping the downside), the perception of the stock as having received his seal of approval is likely enough to reduce volatility.
    Jan 19 08:56 AM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    A multiple of 13 implies a discounting/long-term cost of capital around 7.7% - a very conservative figure.
    Jan 19 07:59 AM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    The interest rate you should use for 5 years from now is the yield on the 5-year Treasury note, plus the usual spread of triple-A to Treasuries.

    None of us know what the actual rate should be, but this is what the market prices at the moment it to be 5 years from now.
    Jan 19 07:54 AM | 1 Like Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    I'm with psychological-dividends on this.

    Yes, you're all correct: Buffett is a horrible stock-picker. You should all sell your BRK and buy TWTR, TSLA, and whichever stocks are goin' places.
    Jan 18 02:31 PM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    Or better yet, he should have gone back in time, figured out he should put all of Berkshire's money in Google, and make out like a time-travelling bandit.

    Yes, this sounds like a wise strategy. You should start your own conglomerate, ronethpier.
    Jan 18 02:07 PM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    Nice back-pedalling, Barry. Berkshire owns Mastercard the same way it owns IBM.

    Just admit you didn't know this, and didn't have the wherewithal to look up the 13F before mouthing off.
    Jan 18 01:56 PM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    Barry, you should tell that to the SEC, who are under the impression that Berkshire has owned shares in both Mastercard and VISA for quite a while now: http://1.usa.gov/1az9DvI

    Why not arm yourself with some facts before making a fool of yourself?
    Jan 18 10:47 AM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    "can buy MA V BA..."

    The latest 13F shows Berkshire already bought MA and V.

    Any other advice?
    Jan 18 10:33 AM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    Well said, Christopher!

    One of the reasons Buffett was always reluctant to split the stock was his desire to attract long-term shareholders who understand the difference between intrinsic value and stock price, and to avoid the kind traders we see in this thread. "SPY moves faster! Why don't you buy TWTR? Gimme dividends!"
    Jan 18 08:54 AM | 1 Like Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    I read Snowball as soon as it came out, thank you very much.

    I find it amusing that a guy who has but a tenuous grasp of basic English grammar and spelling believes he could outdo someone with a track record like that of Buffett (not "Buffet"). I bet he spends his spare time going to hospitals and telling brain surgeons what they're doing wrong.
    Jan 18 08:41 AM | Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    "Warren Buffet couldn't pick a stock to dsave his life."

    You should offer your help to him.
    Jan 17 01:10 PM | 9 Likes Like |Link to Comment
  • Berkshire Hathaway: Shooting Dead Fish In A Drained Barrel [View article]
    "When the trading price goes down, Berkshire Hathaway
    buys back shares and that creates share price stability."

    Why would you want share price stability? It is exactly the extreme mispricings that create the best opportunities. You seem to be more interested in the market price of the company than in its value.
    Jan 17 11:44 AM | 1 Like Like |Link to Comment
COMMENTS STATS
463 Comments
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