Author Topic: Barron's Says BRK May Have $50,000,000,000.00 in Cash By Year End  (Read 4317 times)

BargainValueHunter

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http://online.barrons.com/article/SB50001424052970204590704576092363632916394.html?ru=yahoo&mod=yahoobarrons#articleTabs_panel_article%3D1

Quote
Combine that with the likely repayment of some lucrative investments in Goldman Sachs (GS), General Electric (GE) and other companies that Buffett made during the financial crisis, and Berkshire's insurance units could be holding $20 billion more by year end than the $30 billion they had on Sept. 30, 2010. (We focus on cash at Berkshire's insurance operations and not in other divisions because insurance cash is readily available for investment. Other units held about $3 billion in cash.) Berkshire's market value is $200 billion, fifth-largest in the U.S. stock market, behind only ExxonMobil (XOM), Apple (AAPL), Microsoft (MSFT) and Google (GOOG).
« Last Edit: January 22, 2011, 11:05:52 AM by BargainValueHunter »
Albert Einstein called compound interest "the greatest mathematical discovery of all time".


stahleyp

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Re: Barron's Says BH May Have $50,000,000,000.00 in Cash By Year End
« Reply #1 on: January 22, 2011, 07:52:04 AM »
I thought you meant Biglari Holdings...not BRK! haha
Paul

Bronco

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Re: Barron's Says BH May Have $50,000,000,000.00 in Cash By Year End
« Reply #2 on: January 22, 2011, 08:20:42 AM »
Maybe he'll do a buyback.  If he does, I'll eat my shoe and put the video here

merkhet

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Re: Barron's Says BH May Have $50,000,000,000.00 in Cash By Year End
« Reply #3 on: January 22, 2011, 08:39:17 AM »

I thought you meant Biglari Holdings...not BRK! haha


That's exactly what I thought too!  Not a lot of people refer to Berkshire Hathaway as BH.  Usually it's BRK.

EdWatchesBoxing

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Re: Barron's Says BH May Have $50,000,000,000.00 in Cash By Year End
« Reply #4 on: January 22, 2011, 10:27:54 AM »
LOL, I was saying GTFO here when I saw BH.

BargainValueHunter

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Re: Barron's Says BRK May Have $50,000,000,000.00 in Cash By Year End
« Reply #5 on: January 22, 2011, 11:06:35 AM »
Sorry, Gents!

I fixed it.

I was in a hurry and got my symbols mixed.

Freudian (finger) slip!
Albert Einstein called compound interest "the greatest mathematical discovery of all time".

ValueCarl

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Re: Barron's Says BRK May Have $50,000,000,000.00 in Cash By Year End
« Reply #6 on: January 22, 2011, 09:37:34 PM »
Finally, a DIVIDEND is in the CARDS. I was wondering how Burlington owners who didn't exit entirely, would feel about not being fed by Uncle Warren. The sooner it happens, the better!  :-X

dealraker

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Re: Barron's Says BRK May Have $50,000,000,000.00 in Cash By Year End
« Reply #7 on: January 23, 2011, 05:00:57 AM »
On the wall here in my office is Andrew Bary's December 27th 1999 Barron's cover:

"WARREN: WHAT'S WRONG?"

Bary's writing goes into detail about Buffett's anti New Era stance and profiles the outperformance by Buffett's peers Jack Welch and Hank Greenberg.



 
« Last Edit: January 23, 2011, 06:26:04 AM by dealraker »

twacowfca

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Re: Barron's Says BRK May Have $50,000,000,000.00 in Cash By Year End
« Reply #8 on: January 23, 2011, 05:11:20 AM »
On the wall here in my office is Andrew Bary's December 27th 1999 Barron's cover:

"WARREN: WHAT'S WRONG?"

Bary's writing goes into detail about Buffett's anti New Era stance and profiles the outperformance of Buffett's peers Jack Welch and Hank Greenberg.



 


LOL   ;D

longinvestor

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Re: Barron's Says BRK May Have $50,000,000,000.00 in Cash By Year End
« Reply #9 on: January 23, 2011, 03:41:07 PM »
On the wall here in my office is Andrew Bary's December 27th 1999 Barron's cover:
"WARREN: WHAT'S WRONG?"
Bary's writing goes into detail about Buffett's anti New Era stance and profiles the outperformance by Buffett's peers Jack Welch and Hank Greenberg.

That's funny.

I think Warren has not had the last laugh, yet. Not bad, sitting, sitting, sitting on cash...you first need to have cash to sit on it. ;D