Author Topic: Buffett/Berkshire - general news  (Read 403772 times)

cubsfan

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Re: Buffett/Berkshire - general news
« Reply #1000 on: December 20, 2018, 11:07:15 AM »


Libs

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Re: Buffett/Berkshire - general news
« Reply #1001 on: December 20, 2018, 12:29:37 PM »
What does box 8 mean?
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"Price of delivery security value $296,000"
My username is not a political statement.....and I'm too lazy to change it.

Libs

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Re: Buffett/Berkshire - general news
« Reply #1002 on: December 20, 2018, 12:30:51 PM »
Oops. Posted too soon. The A shares are the derivative security.
My username is not a political statement.....and I'm too lazy to change it.

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #1003 on: December 20, 2018, 01:14:53 PM »
The “news “ of insider buying is not something we’re used to. All it took was a 60 year old young getting promoted to the board 😂

nickenumbers

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Re: Buffett/Berkshire - general news
« Reply #1004 on: December 20, 2018, 01:49:09 PM »
Ajit Jain purchasing $20M at $296,000 A share price...

Bless you SEC public reporting of insider activity.  Its a Christmas Miracle!

When a hands down Genius-Ajit who has made more money for Berkshire than a printing press, buys at $296K, and today that same security is trading at $292K, I continue to buy BRK, and I purchase LEAPs on BRK.

Anything short of purchasing at this point if you have the cash is risking THUMB SUCKING!!
The fastest Cheetah still waits for the lame baby antelope.  ..patience..

gfp

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Re: Buffett/Berkshire - general news
« Reply #1005 on: January 03, 2019, 11:39:59 AM »
Just a general data point some might find interesting.  Warren makes the decisions for BHFC and has once again chosen to refinance maturing floating rate debt with 30 year fixed debt.  Looks like he will get a (pre tax) interest rate of less than 4.5%...  Not too shabby.

https://www.bloomberg.com/opinion/articles/2019-01-03/is-warren-buffett-sending-a-signal-about-the-bond-market

Update with final pricing and quarter billion upsizing:
https://www.sec.gov/Archives/edgar/data/1067983/000119312519001670/d663847dfwp.htm

4.3% tax deductible interest on a 30yr issuance
« Last Edit: January 04, 2019, 06:56:40 AM by globalfinancepartners »

gfp

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Re: Buffett/Berkshire - general news
« Reply #1006 on: January 09, 2019, 10:44:08 AM »
Another RE brokerage acquisition (this one was already a franchisee):
https://www.businesswire.com/news/home/20190109005685/en/HomeServices-America®-Announces-Acquisition-Berkshire-Hathaway-HomeServices

gfp

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Re: Buffett/Berkshire - general news
« Reply #1007 on: January 16, 2019, 06:41:59 AM »
« Last Edit: January 16, 2019, 11:13:54 AM by gfp »

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #1008 on: January 16, 2019, 01:29:30 PM »
New CEO for HomeServices, Peltier moving up to Executive Chairman -

https://www.businesswire.com/news/home/20190116005196/en/HomeServices-America®-Expands-Executive-Leadership-Team

http://www.startribune.com/homeservices-of-america-taps-new-ceo-to-lead-expansion/504437412/

Across the subs, the Chairman/President duo model is being implemented. I see this as paving the pathway for the $100 B (& growing) cash pile by creating capacities for inorganic and organic growth. It is not hard to see that this is equivalent to thickening the (smaller) circle of competence. Or in other words, forget about master generalists like Buffett and Munger. Many specialists will fill those shoes. Tuck in M&A can happen without paying the investment bankers (folks with expensive tastes).     
« Last Edit: January 16, 2019, 01:32:55 PM by longinvestor »

gfp

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Re: Buffett/Berkshire - general news
« Reply #1009 on: January 16, 2019, 01:37:24 PM »
A bunch of realtors wouldn't want to cut out investment bankers would they?  Heresy

Seriously though, the investment bankers probably still get paid on most of these bolt-on acquisitions