MarkGillCPA

Berkshire Hathaway Stock Portfolio: At Risk of Resembling an Index Fund?

BRK is not so much an index fund as it is a closed-end fund. Going forward, I will analyze BRK by looking at its NAV relative to the price of the stock. If it's selling at a discount ot NAV, it's a buy. If is selling at a premium, it's a sell. BRK actually trades at either a high premium or low premium, but it's the same point. I suspect this NAV premium will decay over time, especially if something happens to Mr. Buffett. I know of at least one hedge fund manager who has been trading BRK using this concept over the last year with some success. Berkshire is slowly becoming Tri-Continental (TY), a closed-end fund that invests in blue chip stocks

Cisco's Fortune Could Be Turning

I cant' help myself - CSCO is one of my core holdings in my core equity portfolio - so I just had to comment. I agree that CSCO is undervalued. But what is your target price? What is your buy price? How do you determine that it is undervalued?

Why on earth do you care what the CAPS crowd thinks? I used to participate in CAPS back when it began but lost interest after I saw that for every well-reasoned vote, a thousand "ditto" like votes would follow. CAPS strikes me as a herding tool, not a forcasting tool.

And, there's no need to quote Cramer. If you're an analyst, you should already know that CSCO is the backbone of the internet. I would be more concerned about Kass' comments. He's one of the smarter hedgies out there.

BTW, my FMV for CSCO is $30 (based on DCF analysis). If you can buy it at $20 or below (an opportunity you might get in the next few weeks), I think you have a solid margin of safety and will make a 50% return sometime over the next 1-3 years.

Reality Checks for the Billowing Cloud Computing Fantasy

I currently suscribe to a few programs that are delivered via "software as a service". The programs work fine for the most part, except they are always slower than the programs that reside on my PC. To me "software as a service" is more a benefit to the provider (and to the companies selling the technology) than to the end user. How will cloud computing be any different?

New Additions: Dow Jones Listens to Bloggers

tech man,
Citigroup will continue to trade on the New York Stock Exchange under the symbol "C". It just will not be included in the 30 stocks that make up the Dow Jones Industrial Average.