Author Topic: Buffett/Berkshire - general news  (Read 491686 times)

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #880 on: August 15, 2018, 10:30:45 AM »
Don’t like this news but it rings inevitable.He’s done enough to educate and energy needs to be conserved some day.

I am predicting a big transition announcement in 2019 to mark 50 years since the last big transition from the partnership.


rb

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Re: Buffett/Berkshire - general news
« Reply #881 on: August 15, 2018, 10:41:38 AM »
Experienced and Well Informed Brains of COBF,

Instead of BRK purchasing Class B shares on the open market, could BRK contact large holders of B shares and agree to purchase stock from them directly?
They can and they did.

Zorrofan

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Re: Buffett/Berkshire - general news
« Reply #882 on: August 15, 2018, 12:32:55 PM »
Don’t like this news but it rings inevitable.He’s done enough to educate and energy needs to be conserved some day.

I am predicting a big transition announcement in 2019 to mark 50 years since the last big transition from the partnership.

Sadly, it does feel like the end of an era is drawing near. IMHO what will be surreal is the first AGM without WEB &/or CM. Or will they start cutting the Q & A shorter,  bringing Todd & Ted up to answer some of the questions?

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #883 on: August 15, 2018, 12:40:35 PM »
Don’t like this news but it rings inevitable.He’s done enough to educate and energy needs to be conserved some day.

I am predicting a big transition announcement in 2019 to mark 50 years since the last big transition from the partnership.

Sadly, it does feel like the end of an era is drawing near. IMHO what will be surreal is the first AGM without WEB &/or CM. Or will they start cutting the Q & A shorter,  bringing Todd & Ted up to answer some of the questions?
I am thinking more of Ajit and Greg sharing the stage soon.
« Last Edit: August 15, 2018, 12:42:35 PM by longinvestor »

John Hjorth

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Re: Buffett/Berkshire - general news
« Reply #884 on: August 15, 2018, 12:56:22 PM »
I'm thinking in line with longinvestor.  I think the logical step would be the chairman and the three vice chairmen on the stage next spring. Reduces workload on the two oldest of the four men during the whole day. Still no interviews with Mr. Buffet since July 17th ["Buyback policy change" announcement date]?
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Zorrofan

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Re: Buffett/Berkshire - general news
« Reply #885 on: August 15, 2018, 01:38:27 PM »
I'm thinking in line with longinvestor.  I think the logical step would be the chairman and the three vice chairmen on the stage next spring. Reduces workload on the two oldest of the four men during the whole day. Still no interviews with Mr. Buffet since July 17th ["Buyback policy change" announcement date]?

Yes, that would seem to be the next logical step. I'm thinking it may happen as soon as the next AGM.

longlake95

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Re: Buffett/Berkshire - general news
« Reply #886 on: August 15, 2018, 01:39:23 PM »
Maybe they are preparing for a big buy back if WEB or CM are about to step down and the market sells down the stock. Not a nice thought that they may be slowing down.  :-\

longinvestor

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Re: Buffett/Berkshire - general news
« Reply #887 on: August 15, 2018, 02:08:50 PM »
Don’t like this news but it rings inevitable.He’s done enough to educate and energy needs to be conserved some day.

I am predicting a big transition announcement in 2019 to mark 50 years since the last big transition from the partnership.

Sadly, it does feel like the end of an era is drawing near. IMHO what will be surreal is the first AGM without WEB &/or CM. Or will they start cutting the Q & A shorter,  bringing Todd & Ted up to answer some of the questions?

As to the Q&A, it will take way more than two people to answer post current management. Some sort of meeting will happen! They don’t want to give up on all those dilly bar sales!

The biggest challenge to me would be writing that Chairman’s letter. That is a tough act!

alwaysinvert

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Re: Buffett/Berkshire - general news
« Reply #888 on: August 15, 2018, 02:29:36 PM »
I'm thinking in line with longinvestor.  I think the logical step would be the chairman and the three vice chairmen on the stage next spring. Reduces workload on the two oldest of the four men during the whole day. Still no interviews with Mr. Buffet since July 17th ["Buyback policy change" announcement date]?

I don't think he wants PR right now if he's looking to retire stock on the cheap. No upside to it.

John Hjorth

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Re: Buffett/Berkshire - general news
« Reply #889 on: August 15, 2018, 02:48:00 PM »
That makes sense, alwaysinvert. Not so long ago, longinvestor posted something along like "The market now has to vote, instead of Omaha setting the price" [after which Omaha will decide to buyback, or not].
« Last Edit: August 16, 2018, 04:05:48 AM by John Hjorth »
”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