Author Topic: Buffett/Berkshire - general news  (Read 467726 times)

CorpRaider

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Re: Buffett/Berkshire - general news
« Reply #500 on: June 26, 2017, 06:21:53 PM »
The real question here is, what is Mr. Buffett actually doing here? I simply don't get it. Any kind of sharing thoughts with my fellow board members about this investment in this topic would be much appreciated -  thank you in advance.

Is it big enough to assume it is Buffett?  I haven't looked at STOR but there is some cheapish stuff (real cheap relatively speaking) in the area. 


Ballinvarosig Investors

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Re: Buffett/Berkshire - general news
« Reply #501 on: June 27, 2017, 07:23:40 AM »
It looks like this is a Ted Weschler pick.

https://www.bloomberg.com/news/articles/2017-06-26/buffett-s-bet-on-store-shows-not-all-retail-real-estate-is-equal
Quote
Store Capital Chief Executive Officer Christopher Volk said on Monday that Berkshire had been studying the REIT since 2014, occasionally holding conversations with management. Ten days ago, Buffett’s deputy investment manager Ted Weschler called the company to suggest a deal because the price had fallen to an attractive level, Volk said.

netnet

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Re: Buffett/Berkshire - general news
« Reply #502 on: June 27, 2017, 10:59:56 AM »
Quote
Alternative explanation for this and HCG might be that it's all Ted's ideas and Warren just signs off without much supervision. That's also not very believable, but just throwing it out there. I base this on the size of the positions which are really small for Warren.

I'm pretty sure that Todd and Ted both invest without supervision, at least in 'their' accounts.

Jurgis

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Re: Buffett/Berkshire - general news
« Reply #503 on: June 27, 2017, 11:32:09 AM »
Quote
Alternative explanation for this and HCG might be that it's all Ted's ideas and Warren just signs off without much supervision. That's also not very believable, but just throwing it out there. I base this on the size of the positions which are really small for Warren.

I'm pretty sure that Todd and Ted both invest without supervision, at least in 'their' accounts.

Right. What I was saying is that maybe Warren was involved in HCG (and maybe Store) just for the weight of his name even though it was Ted's position/idea. I have no clue if "supervision" is bigger in such case.
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Ballinvarosig Investors

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Re: Buffett/Berkshire - general news
« Reply #504 on: June 27, 2017, 02:37:04 PM »
http://www.pbs.org/newshour/bb/america-stand-just-wealth-says-warren-buffett/

Buffett on PBS discussing the economy and inequality. Not too much new there.

John Hjorth

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Re: Buffett/Berkshire - general news
« Reply #505 on: June 27, 2017, 03:16:00 PM »
It looks like this is a Ted Weschler pick.

https://www.bloomberg.com/news/articles/2017-06-26/buffett-s-bet-on-store-shows-not-all-retail-real-estate-is-equal
Quote
Store Capital Chief Executive Officer Christopher Volk said on Monday that Berkshire had been studying the REIT since 2014, occasionally holding conversations with management. Ten days ago, Buffett’s deputy investment manager Ted Weschler called the company to suggest a deal because the price had fallen to an attractive level, Volk said.

Thanks for sharing, Ballinvarosig Investors,

Now it makes quite more sense to me after reading the article. STO must have had a project pipeline with good prospects that it could not lift because of lack of capital, or it could speed up on execution on the project pipeline. Buy and build.
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Ballinvarosig Investors

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racemize

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Re: Buffett/Berkshire - general news
« Reply #507 on: June 28, 2017, 02:31:36 PM »
Looks like the BAC position will be converted very soon.

fareastwarriors

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Re: Buffett/Berkshire - general news
« Reply #508 on: June 28, 2017, 02:38:06 PM »
How Warren Buffett’s $16-Billion Bet on Bank of America May Change With Fed Stress Test

Stockpicker’s Berkshire Hathaway could become the U.S. bank’s largest shareholder through a share swap

https://www.wsj.com/articles/how-warren-buffetts-16-billion-bet-on-bank-of-america-may-change-with-fed-stress-test-1498642203

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #509 on: June 30, 2017, 06:21:04 AM »
How Warren Buffett’s $16-Billion Bet on Bank of America May Change With Fed Stress Test

Stockpicker’s Berkshire Hathaway could become the U.S. bank’s largest shareholder through a share swap

https://www.wsj.com/articles/how-warren-buffetts-16-billion-bet-on-bank-of-america-may-change-with-fed-stress-test-1498642203

Here we go https://finance.yahoo.com/m/0ff6af95-a46f-3db2-8b04-3a45d1a4b074/%5B%24%24%5D-berkshire-hathaway-to.html

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