Burlington Northern's New Engineer: Warren Buffett [View article]
It was my privilege to attend the past two BRK annual meetings. It was estimated that 35,000 were there last May. The auditorium was full, it will be burdensome to accommodate a lot of new share-holders. Does it follow that options will be traded on the new share class?
I placed a buy order for 2000 @ $15.14, near today's opening, it filled; 1000, 600 & 400, traded above $15.20, made a new low of $15.11. Now it is $15.27, and if I do not see more red ink today, it will be a surprise.
Warren Buffett and the Imaginary Economy [View article]
The best reason that I think of, to give funds to a charitable foundation rather than our government is that the foundation might get more bang for the buck. Also; it may be spent for something more to my liking.
Trace Mayer, I learned a number of things from your article, thank you. Though many people might pooh-pooh my knowledge of the “financial” party line, (Jim Fisher included) I think Buffett would be okay with my holdings and I may request that he send out a few of my certificates. They will not lose their value as scratch paper.
Berkshire Arbitrage Opportunity Eliminated: Is the Market 'Efficient'? [View article]
This is a tax question: If I sell BRK-A, that has been held for more than a year, at a loss and immediately buy back 30 or more BRK-B shares, will I be entitled to claim a long term loss on the A and establish a new basis on the B shares?
Please, some of you who have a better grasp of our great financial system than I, comment on how the Madoff investors stand with regard to SPIC claims.
Geithner's Tax Troubles Give Obama a Chance to Get It Right [View article]
DUMP HIM Geithner needs to go; this is no way for a new administration to begin. It is past time that tax cheats be prosecuted. Some where out there among our three million populations there is a better choice.
What Caused Berkshire's Freefall - And How Investors Can Benefit [View article]
We are long, just as we were when the stock pecked. It seemed impervious then, are still long with looses. The chart pattern is telling us it will go still lower. My expectation is that it will be years before BRK-A gets back above $150K.
Bernie Madoff Comes Out of the Closet [View article]
Minneapolis, local boy, Tom Petters’, is an avowed Christian and his Ponzi scheme is credited with taking only three billion. Seems to me that Madoff is more than sixteen times as bad. The multiple may or may not be related to their belief systems.
At the annual BRK meeting last May, Warren told the 30,000 people listening that their returns in the future would not be as good as they had been and if that was not satisfactory that they should probably sell.
Mark Russell said that a gourmet tour of Iowa would be a non-stop trip. I was a Collins employee from 1962-1964, (largest private employer in the state at that time). I jokingly refer to this as the two years I did at Iowa. Many time since I have driven through the state. Russell had it right.
After a long vacation from stock investing, for a year or so I tried to imitate Buffet. For what ever reason, maybe the up market, I gained. It came to my attention that he was running BRK for a very small percentage of its value. Let that amount equal X. Now if his results are equal to more than mine + X, then I felt that I should hire him. Disclosure; BRK, A&B now represent about 50% of our household assets, 90% of our stock and we plan to buy more.
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Latest | Highest ratedBurlington Northern's New Engineer: Warren Buffett [View article]
GE: Still a Bargain [View article]
SEC Charges BofA for Merrill Bonuses [View article]
Warren Buffett and the Imaginary Economy [View article]
On the DTCC and Market Liquidity [View article]
Berkshire Arbitrage Opportunity Eliminated: Is the Market 'Efficient'? [View article]
Regulators: An Apology [View article]
Geithner's Tax Troubles Give Obama a Chance to Get It Right [View article]
Geithner needs to go; this is no way for a new administration to begin. It is past time that tax cheats be prosecuted. Some where out there among our three million populations there is a better choice.
What Caused Berkshire's Freefall - And How Investors Can Benefit [View article]
Bernie Madoff Comes Out of the Closet [View article]
Widening Rich/Poor Gap Spreads Contradict Global Recovery [View article]
A Bailout for Berkshire? [View article]
Ten Iowa Stocks [View article]
Did Buffett Kill the (First) Wells Fargo-Wachovia Deal? [View article]
Warren Worship [View article]