Buffett/Berkshire - general news

[John Hjorth]

Nah, they'll be ok. This is how it goes. One Monday Todd walks into the office and goes.... Hey Ted, let's go talk to the old man about buying GE. Done.

See... it's not that hard.

OK, rb. My reply to Jurgis was actually about that I [in general] worry more about myself than Ted & Todd. [ : - ) ]

[Jurgis]

Nah, they'll be ok. This is how it goes. One Monday Todd walks into the office and goes.... Hey Ted, let's go talk to the old man about buying GE. Done.

See... it's not that hard.

LOL. 

[redskin]

Berkshire's cost basis in 'Banks, Insurance, Financials' increased by $15 billion in Q3.  $5-6 billion can be attributed to the increased stake in BAC.  Will be interesting to see the additions he made.

[bennycx]

Probably USB, BK, GS

[John Hjorth]

Yes, and it seems that the prayers by globalfinancepartners and I have been heard : JPM shares for USD ~4 B. [ : - ) ]

[gfp]

Look at that..  You CAN buy JPM if Todd's on the board, since it wasn't Todd buying the shares.  He's getting his banks after all.  Better late than never!

[gfp]

Extra holdings not captured by dataroma, from General Re New England Asset management -

https://www.sec.gov/Archives/edgar/data/1004244/000108514618002756/xslForm13F_X01/form13fInfoTable.xml

BAC +1.75 million shares
BK +11.063 million shares
JPM +545,000 shares
ORCL +1.287 million shares
PNC +1.1 million shares
TRV +43,000 shares

In addition to the stuff reported at Dataroma from the regular 13F:
https://www.dataroma.com/m/holdings.php?m=BRK

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So, Berkshire owns exactly 900 million shares of BAC, or 9.17%

[rb]

Who the hell bought oracle?

[gfp]

Who the hell bought oracle?

In total it is 42.7 million shares of ORCL.  If it keeps getting bigger, I would guess it's Warren.  At this size (over $2 Billion), it could technically be any of the 3.

[John Hjorth]

The exposure to US banks is now enormous - about USD 70 B [getting to USD 67.8 B alone from Dataroma, exclusive New England Asset Management]. It better go well.