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  • Buying This Stock Makes You A True American Bull [View article]

    I'm always curious how many writers do not write Warren Buffett's name correctly.
    And, here, you guys did not let me down with your 'Buffet' submission.

    Well done !!
    Sep 20 12:21 PM | Likes Like |Link to Comment
  • The 'Smart Money' Is Pouring Billions Into The 'Next China' [View article]
    Chinese companies and capital will (continue to) exploit the opportunities of Africa in-step with the Chinese government. We all know that the Chinese people have a great tolerance to work hard and seize commerce away from home. In addition to that their government understands the power of gaining advantages by building for-profit bridges to the resources China needs -- as opposed to -- attempting to help through foreign-aid or, attempting to gain dominance by blowing things up.

    I remember how in Ghana you could make good money by importing full-container-load of toilet paper. You could almost mint money doing so.

    Why, one asks, would you not simply make that product right there, in-country, and save the shipping costs and import duties? The answer five years ago was that it was simpler and cheaper to import the rolls and sell them at the port to whole-sellers.

    "To run a factory here in Accra is not something we want to do right now". My Ghanaian partner told me, "Not at least not until we made enough money that we could risk losing it altogether"!!

    Now, I see that the Chinese are setting up manufacturing operations there and doing exactly what we said we should do-- given the means.

    My point is this: Remove China and the Chinese from "the mosaic" you call Africa (esp. Sub-Saharan Africa, excluding South Africa, and Botswana) and one will see an entirely different picture today, let alone in the next 15 years.
    Jul 22 01:02 PM | Likes Like |Link to Comment
  • Coca-Cola (KO) stands accused in China by local authorities of using mapping data to gather information which should be private. The bigger issue: U.S. companies face a challenge in the nation with the interaction of GPS technology with handheld devices and smartphones considered akin to spying by some government officials. [View news story]
    Sam, total respect for this comment.
    Assuming you are in US -- do you travel much?
    For example, to China.
    Mar 13 09:14 AM | Likes Like |Link to Comment
  • Avoid Paying Taxes The Warren Buffett Way [View article]


    So, are countries in the Americas, say,
    Argentina
    Bolivia
    Brazil
    Chile
    Colombia
    Costa Rica
    Cuba
    Dominican Rep.
    Ecuador
    El Salvador
    Guatemala
    Haiti
    Honduras
    Mexico
    Nicaragua
    Panama
    Paraguay
    Peru
    Uruguay
    Venezuela
    and Canada
    non American countries?

    It kind of gets interesting when we each get to invent rules.
    Jan 8 10:17 AM | Likes Like |Link to Comment
  • Waste Management: A Good Fit For Berkshire [View article]
    Sammy, Walt will write to you soon and state that he is stupid.
    And, also, he may mention that is learning to read.
    Jan 2 10:42 PM | Likes Like |Link to Comment
  • Waste Management: A Good Fit For Berkshire [View article]
    Walt, in a word, STUPID.
    In three words: Can you read?
    Three more: Are you stupid.
    And that's not a question.
    Jan 2 10:34 PM | Likes Like |Link to Comment
  • Top Ten History [View instapost]
    Hello Arne Alsin, Great articles. Huge resource for a guy like me... all of the ideas being tossed around are GOLD to me !!

    I'm new at much of this (watching stock prices) so do not take this as being mean. Why did you not list 2011? Was it way off? Again, total respect for you and your accomplishments.

    You mentioned WEB's IBM buy in another article. Berkshire.
    I believe that he knows more about the future than any of us and that he is long IBM scares me --although knowing some history I understand why.

    Do you know why BAC is a great investment, if you feel it will be?

    Thank you sir.
    W.
    Dec 20 06:35 PM | Likes Like |Link to Comment
  • Omaha Hold 'Em: Going All-In On Berkshire Hathaway [View article]
    "The holes in the theory is where he made his money"
    auto44, Your comment here holds important meaning for both investing and life. I wonder if many a reader will attempt to understand what you're talking about.
    Dec 19 01:37 PM | 1 Like Like |Link to Comment
  • Omaha Hold 'Em: Going All-In On Berkshire Hathaway [View article]
    Wow!! From my first glance this is a really powerful piece.
    I'm going to read it in the morning !!
    All I could add to this is considered insider info at this moment.
    It'll be fun to share someday.
    Thank you for this copious work.
    Dec 11 09:19 PM | 2 Likes Like |Link to Comment
  • Forbes vs. Peter Schiff: Petty Smackdown [View article]
    You need to look at the source (the players) and what they have to gain or lose. Forbes will not likely publish a "Get Out Now!!" piece and keep their position in the economy. Chances are that the insiders are doing things that are not announced, ie, published. The US is going to collapse and those who have not or are not creating a home elsewhere are either dumb or connected & protected. Only a few (percentile) will be prepared & survive and most will (you can have the last word)
    Sep 28 12:27 PM | Likes Like |Link to Comment
  • One longtime Berkshire (BRK.B) owner suggests big cuts in the company's consumer name holdings means a passing of the torch is nearer as the capital could be getting allocated to new PMs Todd Combs and Ted Weschler. A nice theory says, Martin Sosnoff, but he believes Buffett could be loading the elephant gun for another major acquisition a la Burlington Northern. [View news story]
    CORRECTION:

    BNSF was ~$44B ... My comment was a mis-take on what transpired.
    Aug 17 04:08 PM | Likes Like |Link to Comment
  • One longtime Berkshire (BRK.B) owner suggests big cuts in the company's consumer name holdings means a passing of the torch is nearer as the capital could be getting allocated to new PMs Todd Combs and Ted Weschler. A nice theory says, Martin Sosnoff, but he believes Buffett could be loading the elephant gun for another major acquisition a la Burlington Northern. [View news story]
    Lubrizol at an 'all cash' of approximately $9.7 billion, including approximately $0.7 billion in net debt seems bigger than whatever happened at BNSF.
    Aug 16 03:59 PM | Likes Like |Link to Comment
  • Why did Berkshire Hathaway buy Lubrizol Corp (LZ)? [View instapost]
    Hello Bud, Today is the first time I saw your site or learned of you.
    Can you help me with some valuation concepts?

    I see P/E Ratios and do understand how that can guide one's analysis of a company. How much is the stock selling for right now... in relationship to the earning, right? Earnings are the dividend, correct?

    But when you look at a company through the eyes of a buyer who is interested in buying the entire company.... should we be looking a EBITDA, or in some cases EBIT? And how do we know when to use EBIT only? (cap-ex issues?) and lastly, what is meant be 'adjusted' EBIT/EBITDA and what is meant by 'actual' EBIT.

    I'm working on a deal and need help.
    Jul 9 12:18 PM | Likes Like |Link to Comment
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