llc_kaiba

The Sears Mistake

Ed Lampert is doing the right thing...you just wait and see. The SHLD is still selling below its underlying value and he's making no mistake by buying those shares back. WEB, on the other hand, is not buying back BRK shares because the market price is still above the tag price he's willing to pay and, besides, he's seeing other great businesses with very attractive tag prices...

Let Buffet Do the Buying for You

Looking at NRG and IR as a whole and knowing WEB's investment approach, these two companies as far as its underlying values are concerned...are selling at a hefty discount.. WEB is getting more on what he paid for...IR's underlying value is increasing over the years and so is NRG...If you're buying these two lower than what WEB paid for then you have a wider margin of safety and higher probability of making a huge gain as long as you're keeping it long term...