Author Topic: What are you buying today?  (Read 1044336 times)

james22

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Re: What are you buying today?
« Reply #2650 on: December 20, 2017, 01:26:42 PM »
White Mountain (WTM) @ $850


frommi

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james22

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Re: What are you buying today?
« Reply #2652 on: December 25, 2017, 07:04:24 AM »
Vanguard's REIT index fund (VGSNX).

Og

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Re: What are you buying today?
« Reply #2653 on: December 26, 2017, 09:55:04 PM »
Sold 85% of my MKL today and bought more BAM.

Nice! Sold MKL the same day. Also own BAM & PVI ;)

investmd

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Re: What are you buying today?
« Reply #2654 on: December 27, 2017, 06:26:16 AM »
Sold 85% of my MKL today and bought more BAM.

Nice! Sold MKL the same day. Also own BAM & PVI ;)

Rkbabang & EricSchleien1:
I like BAM for their management, alternative investments, and ability to deploy capital wisely during downturns. Plus, am able to buy in C$s. I too have been adding to BAM recently, while continuing to hold previous investments in BIP (Brookfield Infrastructure) and BEP (Brookfield Alt Energy). Also adding to recent Brookfield spinoff : TSU - Trisura. So overall I'm bullish on Brookfield.

My question is why are both of you selling MKL? I bought into MKL a year ago with the idea of it being a BRK like stock that could be held for a long time/forever. After a 25% gain in past 12 months, are you finding it overvalued? Has there been a structural change at the company that caused both of you to get out?

Thanks,

rkbabang

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Re: What are you buying today?
« Reply #2655 on: December 27, 2017, 06:56:31 AM »
Sold 85% of my MKL today and bought more BAM.

Nice! Sold MKL the same day. Also own BAM & PVI ;)

Rkbabang & EricSchleien1:
I like BAM for their management, alternative investments, and ability to deploy capital wisely during downturns. Plus, am able to buy in C$s. I too have been adding to BAM recently, while continuing to hold previous investments in BIP (Brookfield Infrastructure) and BEP (Brookfield Alt Energy). Also adding to recent Brookfield spinoff : TSU - Trisura. So overall I'm bullish on Brookfield.

My question is why are both of you selling MKL? I bought into MKL a year ago with the idea of it being a BRK like stock that could be held for a long time/forever. After a 25% gain in past 12 months, are you finding it overvalued? Has there been a structural change at the company that caused both of you to get out?

Thanks,


For me it is that it isn’t cheap anymore like it was a year ago, I was way overweight in MKL, I now think BAM is a better bet long term, and, finally, I did this in my IRA so there were no tax considerations in making the reallocation.

John Hjorth

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Re: What are you buying today?
« Reply #2656 on: December 27, 2017, 10:31:04 AM »
AMAT [Applied Materials Inc.]
IRDM [Iridium Communications Inc.]

[Micro positions/trackers - only in my PA, not for any other family members.]
”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

Og

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Re: What are you buying today?
« Reply #2657 on: December 27, 2017, 10:35:09 AM »
Sold 85% of my MKL today and bought more BAM.

Nice! Sold MKL the same day. Also own BAM & PVI ;)

Rkbabang & EricSchleien1:
I like BAM for their management, alternative investments, and ability to deploy capital wisely during downturns. Plus, am able to buy in C$s. I too have been adding to BAM recently, while continuing to hold previous investments in BIP (Brookfield Infrastructure) and BEP (Brookfield Alt Energy). Also adding to recent Brookfield spinoff : TSU - Trisura. So overall I'm bullish on Brookfield.

My question is why are both of you selling MKL? I bought into MKL a year ago with the idea of it being a BRK like stock that could be held for a long time/forever. After a 25% gain in past 12 months, are you finding it overvalued? Has there been a structural change at the company that caused both of you to get out?

Thanks,

I have more ideas than capital. Markel is a bit too pricey to me at these levels. Re-allocated into other positions which are more undervalued IMO.

DooDiligence

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Re: What are you buying today?
« Reply #2658 on: December 29, 2017, 07:28:51 AM »
More BRK.B

I bought today since the markets will be closed on the 1st & I expect we'll never see sub $200 again.
(even so, the bargain hunter in me is filled with cogbias & thus, I'll continue thumb sucking & averaging up while pining for a crash.)
(Healthcare 42.9% - ABC BBH CVS DVA EW NVO) | (BRK.B - 14.8%) | (Media & Communication 12.6% - CHTR CMCSA DIS)

(Drinkers & Smokers 13.8% - ABEV MO) | (Auto's & Oil 10.3% - GPC VDE) | (Tech & Comms 5.5% - AAPL SFTBY)

(%'s held @ MV 9/04, excludes $)

[prepared 2 wait?]

https://twitter.com/tunawish

cubsfan

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Re: What are you buying today?
« Reply #2659 on: December 29, 2017, 07:39:49 AM »
Allergan - AGN