Author Topic: Buffett/Berkshire - general news  (Read 466851 times)

John Hjorth

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Re: Buffett/Berkshire - general news
« Reply #510 on: June 30, 2017, 05:26:11 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

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

Who's next? We have what you need! All you need to do is get in trouble.

Well, somehow, I'll have to raise the hand. Are you worried about BRK pouring yet another USD 5 B into major US banks? - Or have I plain simply misunderstood your last post in some way? Or are your thoughts about two US major banks in a terrible adverse scenario, with BRK as an anchor investor, the two banks [WFC and BAC] draining BRK for cash?
”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


longinvestor

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Re: Buffett/Berkshire - general news
« Reply #511 on: June 30, 2017, 05:35:46 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

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

Who's next? We have what you need! All you need to do is get in trouble.

Well, somehow, I'll have to raise the hand. Are you worried about BRK pouring yet another USD 5 B into major US banks? - Or have I plain simply misunderstood your last post in some way? Or are your thoughts about two US major banks in a terrible adverse scenario, with BRK as an anchor investor, the two banks [WFC and BAC] draining BRK for cash?
Latter, BRK as the lender of last resort. For the investee, they get the capital without smartasses who tell them how to run their shop, or attach covenants and such. Of course it's an expensive coupon.It will be interesting to see how such deals come to Berkshire in the future. There will be folly and suffering in the future, that's for sure.
« Last Edit: June 30, 2017, 05:38:28 PM by longinvestor »

John Hjorth

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Re: Buffett/Berkshire - general news
« Reply #512 on: June 30, 2017, 05:50:19 PM »
Thanks, longinvestor,

Absolutely worth to think about - as your posts always are here on CoBF. Yes, it's not near pocket money, what BRK has poured into WFC and BAC now, over time.
”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

John Hjorth

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”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

gfp

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« Last Edit: July 06, 2017, 10:36:52 AM by globalfinancepartners »

gfp

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Re: Buffett/Berkshire - general news
« Reply #515 on: July 06, 2017, 11:06:41 AM »
« Last Edit: July 06, 2017, 11:09:30 AM by globalfinancepartners »

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #516 on: July 06, 2017, 11:07:11 AM »
Clayton bought another traditional homebuilder- this one in Denver:
http://www.9news.com/mb/money/business/denvers-oakwood-homes-sold-to-berkshire-hathaway-affiliate/454619228

http://www.itbusinessnet.com/article/Colorados-Largest-Private-Homebuilder-Joins-Clayton-Properties-Group-5035290

Interesting display at the Annual meeting this year was a pre-built cabin. Something like a 400 sq ft one. Looked nice inside. Of course they had the usual Clayton home as well.

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #517 on: July 06, 2017, 12:57:46 PM »
News says Berkshire is about to buy Oncor

https://www.wsj.com/articles/warren-buffetts-berkshire-nears-a-deal-to-buy-oncor-1499363036

Berkshire energy grows contiguously, eastward. They are literally stitching the network together that will blanket the USofA in due course. Texas is also the #1 wind potential state.
« Last Edit: July 06, 2017, 01:14:34 PM by longinvestor »

gfp

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Re: Buffett/Berkshire - general news
« Reply #518 on: July 06, 2017, 09:58:56 PM »

CorpRaider

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Re: Buffett/Berkshire - general news
« Reply #519 on: July 07, 2017, 05:24:36 AM »
Didn't they also buy a "stick built" home builder in Colorado?  Sort of intriguing to me, given some prior comments he's made about his belief that the housing market will perform this year.  Bill Miller is really bullish on homebuilders too, if memory serves.