Author Topic: The Buffett "Put" Gives a Hint of What's Coming - Alice Schroeder  (Read 1997 times)

Parsad

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The Buffett "Put" Gives a Hint of What's Coming - Alice Schroeder
« on: September 28, 2011, 11:29:44 PM »
Actually a good, accurate article by Alice.  I think her assumptions in this article are correct.  Cheers!

http://www.bloomberg.com/news/2011-09-29/buffett-put-gives-a-hint-of-what-s-coming-commentary-by-alice-schroeder.html
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value-is-what-you-get

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Re: The Buffett "Put" Gives a Hint of What's Coming - Alice Schroeder
« Reply #1 on: September 29, 2011, 05:14:48 AM »
I would question the implication that Munger cancelling his meetings in Pasadena means he can't handle it any more and will probably stop appearing at BRK annual meetings.  He stopped the annual meetings in Pasadena because Wesco was acquired in full by BRK and so holding an annual meeting is irrational and unnecessary.  No mention of that.  Her conclusions were a bit of a stretch and misleading on this point.

I also don't believe for a second that WEB would derive any sort of ego boost by knowing the stock tanked when he was no longer there.  In fact the only stock tip he has ever given is the day his death is announced, buy Berkshire.


alwaysinvert

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Re: The Buffett "Put" Gives a Hint of What's Coming - Alice Schroeder
« Reply #2 on: September 29, 2011, 05:37:14 AM »
I don't think it's a stretch to say that Munger will quit doing BRK meetings soon.

oec2000

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Re: The Buffett "Put" Gives a Hint of What's Coming - Alice Schroeder
« Reply #3 on: September 30, 2011, 05:58:15 PM »
Buffett for Treasury Secretary? It's a stretch but does anyone else feel that he is beginning to sound more and more interested in policy making these days?