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S&P 500: 1,340.35 Change: -0.84%
Fliujniligui
P&P Score: 2.54 | Points: -69.40 | Accuracy: 54.76 | Average Pick Score: 10.40   Annual Return: N/A  
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BUY: BERKSHIRE HATHAWAY INC DEL (BRK.B) Rating: 2
Start Price: $62.26
Points: -34.20
Created: 12/25/2008
Haha, who the heck is selling its Berkshire shares ? Their price has gone from 5000 to 3000 so someone is selling this. This is a good stock behaving like a mutual fund but with the difference it maximises shareholder value by not giving taxable distributions and by not charging management fee.

4 Comment(s):

Author Fliujniligui     Date 2010-01-14 20:22:23
HaHa, this is my worse pick and underperformed the market so much. This is a red flag : speculative stuff goes up endlessly and the mother of all fat and sound fundamental investments is just not responding at all.

A correction may be incoming and this is not BRK that will suffer the most when this occurs, but the very stuff that shooted high and fast way too fast.
Author InvestmentMAGE     Date 2010-07-08 08:44:45
Berkshire Hathaway Cut To Sell From Hold By Stifel Nicolaus >BRKA

http://online.wsj.com/article/BT-CO-20100708-705530.html?mod=WSJ_latestheadlines
Author InvestmentMAGE     Date 2010-10-25 13:14:26
SEC questioned Warren Buffett's Berkshire on loss accounting

http://finance.yahoo.com/news/SEC-questioned-Warren-rb-1660839747.html;_ylt=AoJ4rbjdbKGuQQ9TTiL.SkW7YWsA;_ylu=X3oDMTE1aG43ZXZzBHBvcwM0BHNlYwN0b3BTdG9yaWVzBHNsawNzZWNxdWVzdGlvbmU-?x=0&sec=topStories&pos=1&asset=&ccode=
Author InvestmentMAGE     Date 2010-11-19 13:17:36
Why Warren Buffett could lose $8B

By Bloomberg
July 1, 2010 3:50 pm ET
Berkshire Hathaway Inc., the company run by billionaire Warren Buffett, may have to set aside $8 billion in collateral for derivatives under proposed changes to U.S. financial regulations, a Barclays Capital analyst said.
U.S. faces ???painful period?? due to debt, says Berkshire's Sokol
Buffett shortens bond-holding duration after inflation warning
Details emerge on one of Warren Buffett's possible successors
Berkshire owns derivatives with a notional value of about $62 billion and has ???negligible??? collateral requirements, Barclays analyst Jay Gelb said today in a report. Buffett??s firm, based in Omaha, Nebraska, may need to post $6 billion to $8 billion in collateral under rules being debated by the U.S. Congress, he said.

David Sokol, chairman of Berkshire??s energy business and one of Buffett??s top managers, told CNBC in April that $6 billion to $10 billion may be needed. Buffett, 79, said in May that Berkshire may not be affected by the rules because lawmakers are likely to focus only on weaker companies.

The U.S. House of Representatives is debating the financial-overhaul bill in advance of a final vote, moving closer to enacting the biggest rewrite of Wall Street rules since the Great Depression. Among the provisions that may become law is a requirement for corporations to post collateral for certain derivatives contracts, according to the International Swaps and Derivatives Association.
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