WEB:The Oracle of Omaha- Warren Buffett
- KirkL
- BillR_5
- Hugs
- KirkL
- RandeS
- KirkL
- MichaelC_AU
- MichaelC_AU
- MichaelC_AU
- RandeS
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» KirkL - A very good friend uses BRKa as his largest mutual fund holding
A very good friend uses BRKa as his largest mutual fund holding and then buys stocks for the rest so I hear about Warren alot... 8)
I thought he was 80.
Charlie seems very well groomed, but like any religion, there will be a share price impact when ever Warren invests in a higher plane.
My friend said that BRKa/b owns Sees candies and several other businesses that are really hard to put a valuation on as a business.
I think Warren has warned shareholders his stock is richly valued and he feels compelled to find value to deserve it, but can not find it in today' s market.
just some snippets. Sure is a great man and investor!
-- posted by KirkL
» RandeS - Buffett is priceless, as far as I'm concerned.
Buffett is priceless, as far as I'm concerned. My academic leanings are no secret, and I am consistent in my support for the concept of "efficient markets." Nevertheless, I am grateful for the likes of WB because he points us toward the fact that the real world is often confusing and how investing can be as much art as it is science. Still....can't get over the irony that Berkshire Hathaway, at its current levels, is a stock that Buffett himself wouldn't touch with a ten-foot pole based on his own disciplines.-- posted by RandeS
» KirkL - The Warren Buffett You Don't Know
Warren Buffett makes the cover of Business WeekThis says it well:
Has there ever been a less pompous billionaire than Warren Edward Buffett? Hollywood might cast him in the role of an amiable teacher at a Midwestern college or a sweet-tempered, wisecracking inventor who eventually wins a Nobel prize and gets the girl besides. To hear Buffett sing his beautifully artless rendition of Ain't She Sweet to his own ukulele accompaniment is to wonder not only how such a man came to measure his net worth in billions but also whether he might not be a time-traveler from a more innocent age.
Much of his greatness, in my book, is how he has remained so humble. He readilly admitts to not investing in MSFT because he doesn't understand it, yet he doesn't belittle Bill Gates but, instead, seeks his friendship. That is greatness
-- posted by KirkL
» MichaelC_AU - Hello!
After a nice trip to Mexico and a wonderful marriage ceremony, or vice versa, I'm Back!Good to see that this thread is still going!
-- posted by MichaelC_AU
» MichaelC_AU - Randy
I have wondered about they current value of BRK myself, as the first 20 or so post to this thread indicate.One such post has a link to article about a female analyst named, Alice Schroeder, here is the link:
http://www.pathfinder.com/fortune/invest...
Maybe someone can find a copy of her work. I would sure like to see how she came up with her valuation of $90,000.
I think valuation of BRK is next to impossible. Maybe that is why I have not bought any BRK.B. Like AOL I have stayed away from something I could not determine the value of.
Brokers, as a general rule, have always ruled BRK out when asked by their customers. They have been telling their customers it is over valued since the 70's, when BRK.A was under $1000.
-- posted by MichaelC_AU
» MichaelC_AU - I like the new thread name!
Thanks for renaming the thread! It was the minimalist in me that named it merely "Omaha"This way everyone knows who it is about.
-- posted by MichaelC_AU
» RandeS - Kirk,
Kirk,Should add something else to the "Warren Buffett we don't know." He has just about completely aced his children out of any participation in his fortune. Ostensibly, he wanted his son and daughter to remain unspoiled and grow up to be well-adjusted kids. Not sure about the daughter, but have seen interviews with the son and this guy seems a tad bitter about having to completely fend for himself with little chance of any sizable inheritance. Not sure what my take on this is. On the one hand, Buffett's approach to his children has some merit. On the other hand, seems he's carried it kind of far. They ARE his children, even if they didn't earn the wealth themselves. How many of us, being so close to one of the greatest fortunes in history, would not feel a bit put off by being shut out? In any event, it appears there's no love lost between son and dad. Kind of a shame.
-- posted by RandeS
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