Author Topic: Berkshire 13F  (Read 8684 times)

educatedidiot

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Re: Berkshire 13F
« Reply #10 on: November 14, 2017, 03:08:23 PM »
Personally, I'm a bit puzzled about the share count for the BAC position. 700 hundred million BAC shares aquired in the warrant swap, in the 13/F 21 million shares less reported. What's the explanation for this?

I was going to comment on this too.  It looks like they sold 21 million shares after the exercise.  It will be interesting to see if they continued selling in Q4 when that comes out three months from now.


globalfinancepartners

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Re: Berkshire 13F
« Reply #11 on: November 15, 2017, 06:37:33 AM »
They didn't sell any BAC shares.  For some reason 21 million shares held at General Reinsurance don't show up on Berkshire's filing. 

https://www.sec.gov/Archives/edgar/data/70858/000119312517280738/d411721dsc13ga.htm


They show up under "New England Asset Management" ->
https://www.sec.gov/Archives/edgar/data/1004244/000108514617002458/0001085146-17-002458-index.htm


Other Berkshire holdings in that filing (which are in addition to the reporting holdings on sites like dataroma) are -

4.217 million shares of Apple
21 million shares of BAC
227,750 shares of Diageo
431,063 shares of GS
4.386 million shares of USG
2.954 million shares of Verisk
24.3 million shares of Wells Fargo
« Last Edit: November 15, 2017, 06:43:15 AM by globalfinancepartners »

John Hjorth

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Re: Berkshire 13F
« Reply #12 on: November 15, 2017, 04:58:37 PM »
It's interesting to see very little activity from T&T. They are usually more active.

Somehow it appears to me to be appalling. Somewhere, deep down in the accounts, in 2nd quarter 2017 report for Berkshire is "drowned": The expenses for two comfortable sofas [most likely bought at NFM], two alarm clocks [to buzz at start of lunch time, and when to go home from work], two good & warm sleep carpets, and two nice pillows.

Not sure Mr. Buffett got the agreements with Mr. Combs and Mr. Weschler right here. - It's our job as shareholders to do so!
”In the race of excellence … there is no finish line.”
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longinvestor

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Re: Berkshire 13F
« Reply #13 on: November 15, 2017, 05:43:20 PM »
It's interesting to see very little activity from T&T. They are usually more active.

Somehow it appears to me to be appalling. Somewhere, deep down in the accounts, in 2nd quarter 2017 report for Berkshire is "drowned": The expenses for two comfortable sofas [most likely bought at NFM], two alarm clocks [to buzz at start of lunch time, and when to go home from work], two good & warm sleep carpets, and two nice pillows.

Not sure Mr. Buffett got the agreements with Mr. Combs and Mr. Weschler right here. - It's our job as shareholders to do so!
Hopefully they read 500 more pages per day ;) There will be a quarter when we may find out that they are managing 2x what they're now.

cubsfan

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Re: Berkshire 13F
« Reply #14 on: November 15, 2017, 06:32:00 PM »
Don't be too hard on T & T - if Todd brings Berk another deal like Precision Cast Parts (which Warren said he never heard of), then
the boys will earn their keep.

SlowAppreciation

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Re: Berkshire 13F
« Reply #15 on: November 17, 2017, 09:58:38 AM »
Here's the portfolio if you want to take a look:

http://minesafetydisclosures.com/individual-investor-portfolio

Jurgis

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Re: Berkshire 13F
« Reply #16 on: November 17, 2017, 10:56:30 AM »
Here's the portfolio if you want to take a look:

http://minesafetydisclosures.com/individual-investor-portfolio

Bottom graph is pretty neat. Two comments: it might be nice if it was zoomable/resizeable; I think you should draw new positions differently. The most obvious is the AXP/KHC transition. IMO, you should go from 0% KHC in 2015Q2 to 18% KHC in 2015Q3 as a blue triangle. Right now you are drawing this as green AXP area which looks quite misleading and incorrect. The mouseovers show correct intervals, but the overall visual is quite broken.
Anyway, just a comment.   8)

Good luck.

SlowAppreciation

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Re: Berkshire 13F
« Reply #17 on: November 17, 2017, 12:04:41 PM »
Here's the portfolio if you want to take a look:

http://minesafetydisclosures.com/individual-investor-portfolio

Bottom graph is pretty neat. Two comments: it might be nice if it was zoomable/resizeable; I think you should draw new positions differently. The most obvious is the AXP/KHC transition. IMO, you should go from 0% KHC in 2015Q2 to 18% KHC in 2015Q3 as a blue triangle. Right now you are drawing this as green AXP area which looks quite misleading and incorrect. The mouseovers show correct intervals, but the overall visual is quite broken.
Anyway, just a comment.   8)

Good luck.

Yeah I agree. Unfortunately I'm somewhat beholden to how the tool I'm using formats it as there isn't a ton more I can do to adjust it—they only give you so much control.

But there's definitely more that I can do to the graph to make it more easily readable, and I'll continue tinkering and improving it.

Appreciate the feedback. Please keep it coming

Jurgis

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Re: Berkshire 13F
« Reply #18 on: November 17, 2017, 12:53:11 PM »
Here's the portfolio if you want to take a look:

http://minesafetydisclosures.com/individual-investor-portfolio

Bottom graph is pretty neat. Two comments: it might be nice if it was zoomable/resizeable; I think you should draw new positions differently. The most obvious is the AXP/KHC transition. IMO, you should go from 0% KHC in 2015Q2 to 18% KHC in 2015Q3 as a blue triangle. Right now you are drawing this as green AXP area which looks quite misleading and incorrect. The mouseovers show correct intervals, but the overall visual is quite broken.
Anyway, just a comment.   8)

Good luck.

Yeah I agree. Unfortunately I'm somewhat beholden to how the tool I'm using formats it as there isn't a ton more I can do to adjust it—they only give you so much control.

But there's definitely more that I can do to the graph to make it more easily readable, and I'll continue tinkering and improving it.

Appreciate the feedback. Please keep it coming

Would the tool work the way we want it if you put in 0% KHC in 2015Q2 into the data? I.e. explicit value of KHC 0 for that date?
If exact 0 does not work, it might be possible to put in 0.0001% KHC in 2015Q2 (though exact 0 would be better/nicer). Yeah, both of these might require massaging a data a bit before passing to the tool.

Anyway, just some thoughts how to get around the tool limitations. ;)

SlowAppreciation

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Re: Berkshire 13F
« Reply #19 on: November 17, 2017, 01:50:17 PM »
Here's the portfolio if you want to take a look:

http://minesafetydisclosures.com/individual-investor-portfolio

Bottom graph is pretty neat. Two comments: it might be nice if it was zoomable/resizeable; I think you should draw new positions differently. The most obvious is the AXP/KHC transition. IMO, you should go from 0% KHC in 2015Q2 to 18% KHC in 2015Q3 as a blue triangle. Right now you are drawing this as green AXP area which looks quite misleading and incorrect. The mouseovers show correct intervals, but the overall visual is quite broken.
Anyway, just a comment.   8)

Good luck.

Yeah I agree. Unfortunately I'm somewhat beholden to how the tool I'm using formats it as there isn't a ton more I can do to adjust it—they only give you so much control.

But there's definitely more that I can do to the graph to make it more easily readable, and I'll continue tinkering and improving it.

Appreciate the feedback. Please keep it coming

Would the tool work the way we want it if you put in 0% KHC in 2015Q2 into the data? I.e. explicit value of KHC 0 for that date?
If exact 0 does not work, it might be possible to put in 0.0001% KHC in 2015Q2 (though exact 0 would be better/nicer). Yeah, both of these might require massaging a data a bit before passing to the tool.

Anyway, just some thoughts how to get around the tool limitations. ;)

Problem with that is then it throws off when a position is New or has been exited. Additionally, it'd be a pain in the ass to implement but I'll see if there are some other workarounds I can come up with.