Author Topic: Howard Buffett  (Read 4362 times)

Gregmal

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Re: Howard Buffett
« Reply #40 on: January 13, 2019, 03:44:16 PM »
Warrens son has been associated with BRK forever.

Warrens son supports protecting the borders.

Liberals are outraged.

Now there’s a problem at Berkshire.

LOL.


Don't be insulting.  You do not know the politics of the people in this thread.  Some of them may be conservatives, some of them might not be. 

This, however, is hardly an issue of one view point vs another on a particular issue.  The extremes of both ends of the political spectrum seem to attract wingnuts in spectacular numbers.  If Howie had just thrown a few bucks at this like a normal 60 year-old rich guy, this wouldn't even raise an eyebrow.  However, Howie's activist behaviour calls into question whether he might be among the extreme, which leads a pragmatic BRK shareholder to question whether he is one of the tin-foil hat whack-jobs or whether he's a normal rich guy with a really weird hobby.

So, which is it?  Frankly, I don't give a damn about his politics or whether he's a racist; life's far too short to fuss about others' political views or to fuss about whether others are racist.  I just have concerns about whether he's a whack-job, particularly given his annointed role of protecting BRK's special culture after WEB and Charlie kick the bucket.


SJ

Sorry but if Howies political leanings are this much of a shock to you, you failed in your due diligence. It’s much more likely that you disagree politically, but need an outlet more mainstream than pretending to be a hack like EliG.

Howard was never qualified, but personally I think it’s ok because Warren built the company and deserves some semblance of a legacy protector. It blows my mind that clowns who shun other investments because of dual class shares or majority board positions whine now about WB having ONE nepotistic director. LOL, shut up.


You don't get it.  You cannot seem to see past basic political tribalism.  My side is good the other side is bad, always and everywhere, end of story.

I wish you the best of luck on making a few bucks.

cheers

SJ

Uhm, yea, I don't get it....

You guys forever have been smitten by Warren and the BRK "culture". Howie has never been deserving of his board seat; ANYWHERE. Regardless of where he leans politically.

Now, it comes out he has some far right leaning hobbies and its "Oh, I need to evaluate. Oh, we need answers!!!!"

And to me, it's like. "Oh the COBF crowd missed the forest for the trees again. Go figure..."


shalab

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Re: Howard Buffett
« Reply #41 on: January 13, 2019, 03:48:27 PM »
I and my family have large chunk of our net worth in BRK - I am fully comfortable with Howard Graham Buffett on the BRK board. I don't know about this article - looks like a click bait type of thing. This is the problem with even mainstream press...

Here is his profile in Wikipedia - I believe he is eminently qualified to be non executive chairman of Berkshire.

https://en.wikipedia.org/wiki/Howard_Graham_Buffett

Note that he has been awarded "The Order of the Aztec Eagle" award by the Mexican government.

The Order of the Aztec Eagle (Spanish: Orden Mexicana del Águila Azteca) forms part of the Mexican Honours System and is the highest Mexican order awarded to foreigners in the country.

StubbleJumper

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Re: Howard Buffett
« Reply #42 on: January 13, 2019, 04:06:50 PM »
Warrens son has been associated with BRK forever.

Warrens son supports protecting the borders.

Liberals are outraged.

Now there’s a problem at Berkshire.

LOL.


Don't be insulting.  You do not know the politics of the people in this thread.  Some of them may be conservatives, some of them might not be. 

This, however, is hardly an issue of one view point vs another on a particular issue.  The extremes of both ends of the political spectrum seem to attract wingnuts in spectacular numbers.  If Howie had just thrown a few bucks at this like a normal 60 year-old rich guy, this wouldn't even raise an eyebrow.  However, Howie's activist behaviour calls into question whether he might be among the extreme, which leads a pragmatic BRK shareholder to question whether he is one of the tin-foil hat whack-jobs or whether he's a normal rich guy with a really weird hobby.

So, which is it?  Frankly, I don't give a damn about his politics or whether he's a racist; life's far too short to fuss about others' political views or to fuss about whether others are racist.  I just have concerns about whether he's a whack-job, particularly given his annointed role of protecting BRK's special culture after WEB and Charlie kick the bucket.


SJ

Sorry but if Howies political leanings are this much of a shock to you, you failed in your due diligence. It’s much more likely that you disagree politically, but need an outlet more mainstream than pretending to be a hack like EliG.

Howard was never qualified, but personally I think it’s ok because Warren built the company and deserves some semblance of a legacy protector. It blows my mind that clowns who shun other investments because of dual class shares or majority board positions whine now about WB having ONE nepotistic director. LOL, shut up.


You don't get it.  You cannot seem to see past basic political tribalism.  My side is good the other side is bad, always and everywhere, end of story.

I wish you the best of luck on making a few bucks.

cheers

SJ

Uhm, yea, I don't get it....

You guys forever have been smitten by Warren and the BRK "culture". Howie has never been deserving of his board seat; ANYWHERE. Regardless of where he leans politically.

Now, it comes out he has some far right leaning hobbies and its "Oh, I need to evaluate. Oh, we need answers!!!!"

And to me, it's like. "Oh the COBF crowd missed the forest for the trees again. Go figure..."


You are saying the obvious, but you still don't seem to get the nuance.

I have always maintained that Howie was not qualified for a board of directors position.  So, in my mind he was unqualified, but probably mostly harmless.  But now I ask whether he's a whack-job because being a whack-job and unqualified chairman could represent a bit of an impending issue.

So, do normal and sane 60 year-olds run around the desert at night playing cops and robbers?  Whack-jobs certainly do.  Just as whack-jobs engage in sit-ins in North Dakota protesting the construction of pipelines and spike trees in Oregon protesting the cutting of forest where there might happen to be a spotted owl (or not).  And, if you set your dogmatic politics aside, that's the problem with direct action...it's one thing to hold a viewpoint on an issue, to vote for a party, to donate to a party or a third sector group, to speak publicly about an issue but it's quite another to take the law into your own hands (either by trying to thwart the law in the case of a protest, or to replicate the law in the case if vigilantism).  You might excuse the young and foolish for doing this, but once you reach a certain age the explanation of youthful naivite dissipates and you are left with crazy or foolish as the principal explanations.

So, is he harmless or crazy?


SJ

Gregmal

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Re: Howard Buffett
« Reply #43 on: January 13, 2019, 04:25:13 PM »
Are normal 60 year olds worth billions, directly or indirectly?

Even if so, does someone representing a hair over 7%(1/14) of potential votes really impact things that much? Like I said, you guys either wrote off something you should've cared about because of your own biases, or, are now giving it more weight than it deserves because of your own biases...

Carry one now.

bizaro86

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Re: Howard Buffett
« Reply #44 on: January 13, 2019, 10:36:40 PM »
In a post-WEB world, Howard will carry more than a 1/14th weight on the board.  He will be chair, and have the posthumous backing of his legendary father to "protect the culture." That will give him broad leeway to make decisions if that is what he wants.

I agree that while I always felt he was unqualified, I thought he'd be essentially harmless. (Sort of like adding a university professor to a board - probably a waste of time but it's doubtful anyone listens to them so maybe no harm/no foul).

If it turns out he's actively crazy that changes things. I think more information is likely necessary to determine that.

Cardboard

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Re: Howard Buffett
« Reply #45 on: January 14, 2019, 08:38:53 AM »
So, how many of you have sold their Berkshire shares this morning?

Maybe this is a wake-up call for some but, reality is the following: no matter who is in charge after Buffett the magic is over.

This will become a regular conglomerate or holding company and will be valued by the market based on value of holdings and earning power.

There is a strong possibility that a non-negligeable discount will be applied permanently by the market since this confidence question as to how effectively future cash flows will deployed will linger.

Cardboard


John Hjorth

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Re: Howard Buffett
« Reply #46 on: January 14, 2019, 08:55:38 AM »
Ref. what I have already linked to : What's odd about a photo of a sheriff in the night with a gun?
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

rkbabang

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Re: Howard Buffett
« Reply #47 on: January 14, 2019, 10:29:20 AM »
no matter who is in charge after Buffett the magic is over. This will become a regular conglomerate or holding company and will be valued by the market based on value of holdings and earning power.

This is undoubtedly true.  The reason I only hold 5% in BRK now is that I have asked myself: Is BRK worth more, less, or the same without WEB?   The only answer I can come up with every time is: LESS.  The only questions now are: How much less? And is that already priced in?

RadMan24

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Re: Howard Buffett
« Reply #48 on: January 15, 2019, 06:33:07 PM »
I and my family have large chunk of our net worth in BRK - I am fully comfortable with Howard Graham Buffett on the BRK board. I don't know about this article - looks like a click bait type of thing. This is the problem with even mainstream press...

Here is his profile in Wikipedia - I believe he is eminently qualified to be non executive chairman of Berkshire.

https://en.wikipedia.org/wiki/Howard_Graham_Buffett

Note that he has been awarded "The Order of the Aztec Eagle" award by the Mexican government.

The Order of the Aztec Eagle (Spanish: Orden Mexicana del Águila Azteca) forms part of the Mexican Honours System and is the highest Mexican order awarded to foreigners in the country.

I think people failed to read this. They're off on a tangent.

gfp

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Re: Howard Buffett
« Reply #49 on: Today at 04:49:22 AM »
I have to say I did find this part of the wikipedia entry pretty funny:

"In January 2019, the Phoenix New Times ran a 27 page investigative report detailing Howard Buffet's use of his father's money to buy himself a position in the Cochise Country, Arizona Sheriffs Department in order to conduct vigilante operations against migrants in the borderlands. These operations include the stockpiling of weapons and a questionable defoliation campaign.[14] Part two of this incredible story is due out later this week!"

Awfully hard to tell who added that bit to his bio

I and my family have large chunk of our net worth in BRK - I am fully comfortable with Howard Graham Buffett on the BRK board. I don't know about this article - looks like a click bait type of thing. This is the problem with even mainstream press...

Here is his profile in Wikipedia - I believe he is eminently qualified to be non executive chairman of Berkshire.

https://en.wikipedia.org/wiki/Howard_Graham_Buffett

Note that he has been awarded "The Order of the Aztec Eagle" award by the Mexican government.

The Order of the Aztec Eagle (Spanish: Orden Mexicana del Águila Azteca) forms part of the Mexican Honours System and is the highest Mexican order awarded to foreigners in the country.

I think people failed to read this. They're off on a tangent.