Author Topic: Berkshire Q3 13F  (Read 25168 times)

CassiusKing1

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Re: Berkshire Q3 13F
« Reply #20 on: November 19, 2020, 07:26:18 AM »
Any good speculation on what BRK is acquiring and got the non-disclose from the SEC for?  Let's have some fun with it!

A TSLA friend sent me this:  https://www.youtube.com/watch?v=RozUvqdbCZg 

But seriously, what does everyone think?


LearningMachine

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Re: Berkshire Q3 13F
« Reply #21 on: November 19, 2020, 09:28:22 AM »
Any good speculation on what BRK is acquiring and got the non-disclose from the SEC for?  Let's have some fun with it!

A TSLA friend sent me this:  https://www.youtube.com/watch?v=RozUvqdbCZg 

But seriously, what does everyone think?

Thanks CassiusKing1 for starting this :-). 

I think almost 0% probability that he is buying TSLA :-).

I was puzzled when BAC was trading below his earlier purchases for many weeks, but there were no SEC filings showing up.  This might explain the mystery, i.e. the statement in the latest 13F that "Confidential information has been omitted from the public Form 13F report and filed separately with the U.S. Securities and Exchange Commission."

So, my guess is BAC.  It is possible it is not that because banks are riskier than other companies for concentration, especially if the probability of Covid becoming endemic materializes.  If not that, then maybe something in the energy sector.
« Last Edit: November 19, 2020, 09:32:43 AM by LearningMachine »

gfp

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Re: Berkshire Q3 13F
« Reply #22 on: November 19, 2020, 10:08:00 AM »
The confidential security is definitely not BAC for several reasons. 10-Q makes the end of quarter BAC position very clear.

LearningMachine

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Re: Berkshire Q3 13F
« Reply #23 on: November 19, 2020, 10:30:20 AM »
The confidential security is definitely not BAC for several reasons. 10-Q makes the end of quarter BAC position very clear.

Thanks gfp.  You are right.  I forgot that the 10-Q did say "Approximately 70% of the aggregate fair value was concentrated in four companies (American Express Company – $15.2 billion; Apple Inc. – $111.7 billion; Bank of America Corporation – $24.9 billion and The Coca-Cola Company – $19.7 billion)."

Given BAC closed at $24.09 on Sep 30, BRK owned about 1.03 billion BAC shares as of then.  There is no confidentiality statement in 10-Q either.
« Last Edit: November 19, 2020, 06:29:46 PM by LearningMachine »

Xerxes

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Re: Berkshire Q3 13F
« Reply #24 on: November 19, 2020, 12:22:15 PM »
Of the big tech, the only one remaining to fit the criteria of relatively cheap for a big buyer is probably Alphabet.

Unrelated

I was listening to a podcast recommended on this thread, it was from few months ago, in it the commentators talked about how BRK position in Apple can be liquidated in 8 days and it’s position in BAC can take more than a month to liquidate. Goes to show how important liquidity is and how even between the bluest of the blue chips like Apple and BAC there is a huge difference.

alpha

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Re: Berkshire Q3 13F
« Reply #25 on: November 19, 2020, 08:28:37 PM »
Something in the energy sector perhaps? Maybe building more positions in medical sector  :o

bennycx

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Re: Berkshire Q3 13F
« Reply #26 on: November 20, 2020, 02:24:23 AM »
Some talks that it could be Enbridge

K2SO

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Re: Berkshire Q3 13F
« Reply #27 on: November 20, 2020, 06:55:01 AM »
Some talks that it could be Enbridge

Curious where you're hearing this.

I have been loading up on Enbridge over the past couple of months so this would be cool. 

Xerxes

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boilermaker75

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Re: Berkshire Q3 13F
« Reply #29 on: November 23, 2020, 11:46:20 AM »
Ackman on losing money on Berkshire


https://markets.businessinsider.com/news/stocks/bill-ackman-pershing-square-warren-buffett-berkshire-hathaway-losses-2020-11-1029800708

Since Buffet's original purchase, no one would have ever lost money on BRK if they were patient. I'm always writing puts on BRK. Everything I have been put to I have either sold for above the put price or still hold with a nice gain.