Author Topic: Buffett CNBC transcript  (Read 6111 times)



Liberty

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Re: Buffett CNBC transcript
« Reply #1 on: February 25, 2019, 10:32:07 AM »
Thank you, roger.
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dcollon

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Re: Buffett CNBC transcript
« Reply #2 on: February 25, 2019, 10:55:11 AM »
Thank you for posting the link.

gfp

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Re: Buffett CNBC transcript
« Reply #3 on: February 25, 2019, 01:20:50 PM »
Bloomberg has said he would sell his interest in Bloomberg LP if he ran for president, or at least if he was elected, if I remember correctly. Maybe Warren would be interested in assisting with that.

Jurgis

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Re: Buffett CNBC transcript
« Reply #4 on: February 25, 2019, 01:34:17 PM »
Bloomberg has said he would sell his interest in Bloomberg LP if he ran for president, or at least if he was elected, if I remember correctly. Maybe Warren would be interested in assisting with that.

Warren might be interested, but Bloomberg won't get to a point where he has to sell.
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longinvestor

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Re: Buffett CNBC transcript
« Reply #5 on: February 25, 2019, 05:41:14 PM »
It's more likely that the elephant is one they partially own, a script which has played out multiple times already....which of these belong permanently in the Berkshire collection? My speculation is the ones bolded,


Shares*        Company                                              Percentage of Company Owned           Cost**            Market(in millions)
151,610,700 American Express Company ....... 17.9                                                   $ 1,287            $14,452
255,300,329 Apple Inc. . . . . . . . . . . . . . . . . . . . . . . 5.4                                                     36,044            40,271
918,919,000 Bank of America Corp. . . . . . . . . . . . . . 9.5                                                     11,650            22,642
84,488,751 The Bank of New York Mellon Corp. . . . . . 8.8                                                      3,860               3,977
6,789,054 Charter Communications, Inc. . . . . . . .  . . 3.0                                                       1,210              1,935
400,000,000 The Coca-Cola Company . . . . . . . 9.4                                                      1,299            18,940
65,535,000 Delta Air Lines, Inc. . . . . . . . . . . . . . . . . 9.6                                                       2,860              3,270
18,784,698 The Goldman Sachs Group, Inc. . . . . . . .  4.9                                                       2,380              3,138
50,661,394 JPMorgan Chase & Co. . . . . . . . . . . . . . . 1.5                                                       5,605             4,946
24,669,778 Moody’s Corporation ..................             12.9                                                       248              3,455
47,890,899 Southwest Airlines Co. . . . . . . . . . .8.7                                                     2,005              2,226
21,938,642 United Continental Holdings Inc. . . . . . . . .8.1                                                     1,195              1,837
146,346,999 U.S. Bancorp . . . . . . . . . . . . . . . . . . . . 9.1                                                      5,548             6,688
43,387,980 USG Corporation ..........................          31.0                                                     836                1,851
449,349,102 Wells Fargo & Company . . . . . . . . . . . . .9.8                                                      10,639            20,706

gfp

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Re: Buffett CNBC transcript
« Reply #6 on: February 25, 2019, 05:47:52 PM »
Those are all possibilities.  But Amex would have to give up Bank holding company status to do a deal with Berkshire.

Dynamic

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Re: Buffett CNBC transcript
« Reply #7 on: February 25, 2019, 05:54:04 PM »
Southwest Airlines is intriguing, given the recent death of its founder. In the mould of the BNSF deal, if it were an airline I'm guess they'd divest their stakes in the other airlines and would be unlikely to hold any other airline stocks in future, just as they wouldn't be likely to hold Union Pacific stock now they own BNSF in entirety (though railroad regulation is probably more restrictive than airline regulation in this respect.

sleepydragon

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Re: Buffett CNBC transcript
« Reply #8 on: February 25, 2019, 06:03:34 PM »
interesting there are questions about banks and JPM and BAC were both mentioned by WEB. But there's no question at all about WFC.

Gamecock-YT

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Re: Buffett CNBC transcript
« Reply #9 on: February 25, 2019, 06:37:59 PM »
I like how about 2/3's of the way down the transcript changes to Becky interviewing Joe....that was a mind bender.