Author Topic: Buffett/Berkshire - general news  (Read 466956 times)

Jurgis

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Re: Buffett/Berkshire - general news
« Reply #290 on: June 10, 2016, 09:27:18 AM »
Yes, I understand that casinos will still use Berkshire Energy as transmission provider.

My question meant specifically the energy provider part.
So to repeat: Is Berkshire Energy the high cost energy provider or are other companies loss-selling (or very-low-margin selling) it (in wholesale market)?

I thought Buffett or Abel said that they are low cost energy provider. But perhaps they meant low-cost energy+transmission combined - although that makes little sense, since you can't compare transmission since usually there's only a single transmission provider.
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gfp

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Re: Buffett/Berkshire - general news
« Reply #291 on: June 10, 2016, 10:11:42 AM »
In some markets, Berkshire Hathaway Energy's local companies are the low cost provider - MidAmerican for example.  Obviously in Vegas there is a savings by purchasing power from other generators.  NVE's rates are set by the regulator while a large customer can negotiate market rates directly with a producer.

Yes, I understand that casinos will still use Berkshire Energy as transmission provider.

My question meant specifically the energy provider part.
So to repeat: Is Berkshire Energy the high cost energy provider or are other companies loss-selling (or very-low-margin selling) it (in wholesale market)?

I thought Buffett or Abel said that they are low cost energy provider. But perhaps they meant low-cost energy+transmission combined - although that makes little sense, since you can't compare transmission since usually there's only a single transmission provider.

Jurgis

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Re: Buffett/Berkshire - general news
« Reply #292 on: June 10, 2016, 10:33:10 AM »
OK, thanks.
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fareastwarriors

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Re: Buffett/Berkshire - general news
« Reply #293 on: June 15, 2016, 11:57:07 AM »
See’s Candies to open first New York retail shop this summer

http://www.nytimes.com/2016/06/15/realestate/commercial/recent-commercial-real-estate-transactions.html?_r=2

60 West Eighth Street (between Avenue of the Americas and MacDougal Street) Manhattan

See’s Candies, based in San Francisco, is to open its first New York shop toward the end of the summer in a 625-square-foot retail space, with a 325-square-foot basement, in this five-story walk-up, which was built around 1900, in the Greenwich Village Historic District.


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valueinvesting101

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Re: Buffett/Berkshire - general news
« Reply #294 on: June 16, 2016, 08:28:27 AM »
See's candy was available at Macy's during Christmas season. With their own store, they will be able to sell more product variety. But location choice seems odd to me. I think it would have better fit in midtown but then rents would be higher in Midtown.

John Hjorth

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Re: Buffett/Berkshire - general news
« Reply #295 on: July 01, 2016, 06:34:41 PM »
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longinvestor

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Re: Buffett/Berkshire - general news
« Reply #296 on: July 08, 2016, 07:25:19 PM »
AMZN just left BRK behind on mkt cap.

FB at 331 is within shouting distance.

That leaves NFLX @42 B and that'd completely bring on the new FANG 4x world order.
« Last Edit: July 08, 2016, 07:36:02 PM by longinvestor »

gfp

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Re: Buffett/Berkshire - general news
« Reply #297 on: July 17, 2016, 09:46:25 AM »
I shared this elsewhere, but some here might be interested in this A.M. Best magazine article on Ajit Jain with comments from Warren - this links to the article in PDF format, might not be available forever at this link but working now:

http://www3.ambest.com/review/article/July2016/32_KeyInfluencers_AjitJain.pdf

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #298 on: July 17, 2016, 10:26:56 AM »
I shared this elsewhere, but some here might be interested in this A.M. Best magazine article on Ajit Jain with comments from Warren - this links to the article in PDF format, might not be available forever at this link but working now:

http://www3.ambest.com/review/article/July2016/32_KeyInfluencers_AjitJain.pdf

Interesting piece on Ajit but there's not much by way of new information, Buffett has said these things about Jain all along. Just fueling the succession story, it appears. As a shareholder, it would be great for everyone at Berkshire to come to Jesus for vetting their ideas. At least the very big ones. Keep us all out of trouble.
« Last Edit: July 17, 2016, 10:31:44 AM by longinvestor »

fareastwarriors

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Re: Buffett/Berkshire - general news
« Reply #299 on: July 17, 2016, 01:28:30 PM »