Author Topic: Buffett/Berkshire - general news  (Read 509027 times)

LowIQinvestor

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Re: Buffett/Berkshire - general news
« Reply #220 on: December 11, 2015, 08:56:52 AM »
Getting fairly close to Buffett's buyback price!

1.2x book is 7% lower


marazul

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Re: Buffett/Berkshire - general news
« Reply #221 on: December 11, 2015, 09:00:11 AM »
would love to see this buyback and how aggresive WEB gets.

scorpioncapital

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Re: Buffett/Berkshire - general news
« Reply #222 on: December 11, 2015, 09:18:00 AM »
Getting fairly close to Buffett's buyback price!

1.2x book is 7% lower

Only the case if BV doesn't contract. It's a moving target, unlikely to be done instantly. He might wait 3 to 6 months to see the numbers. If the market portfolio of 100b+ drops 10%, reduce the buyback price accordingly.

marazul

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Re: Buffett/Berkshire - general news
« Reply #223 on: December 11, 2015, 11:57:27 AM »
The 10% decline in the stock portfolio would impact BV by ~5%. In addition, DTL would shrink and that would make the impact less than 5%. Also, earnings from operating businesses and dividends from securities would add to BV. So BRK BV is less exposed to market fluctuations than a couple of years ago, and less than people think imo.

Charlie

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Re: Buffett/Berkshire - general news
« Reply #224 on: December 11, 2015, 12:33:27 PM »
Always a good news for Berkshire investors when the stock market declines. Buffett recently said he likes the big down days.  :)
I bought more Berkshire today.

ourkid8

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Re: Buffett/Berkshire - general news
« Reply #225 on: December 11, 2015, 01:01:44 PM »
I also added to my Berkshire position.  I cannot wait for him to announce a bump into the buyback threshold to 1.3x!!!

Always a good news for Berkshire investors when the stock market declines. Buffett recently said he likes the big down days.  :)
I bought more Berkshire today.

John Hjorth

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Re: Buffett/Berkshire - general news
« Reply #226 on: December 11, 2015, 02:30:31 PM »
Personally, I don't expect a rise in the "soft" buy back level anytime soon.
  • A lot of liquidity has been earmarked towards the proposed PCP deal.
  • A part of the liquidity at group level is abroad US, subject to a tax haircut, if transferred to BRK HQ or other BRK US entity.
However, I would love a positive surprise.
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jrunner

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Re: Buffett/Berkshire - general news
« Reply #227 on: December 11, 2015, 07:35:44 PM »
I bought more today, too.

james22

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Re: Buffett/Berkshire - general news
« Reply #228 on: December 13, 2015, 04:05:34 AM »
Would anyone not buy if fell to buy-back?

A Hussman fan, I'm half expecting a crash (and so might expect to be able to later buy at better than buy-back), but believe I'll always have to buy at buy-back.
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Spekulatius

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Re: Buffett/Berkshire - general news
« Reply #229 on: December 13, 2015, 10:18:46 AM »
Bulls should note that BRK's main business aren't doing so hot lately:

BNSF - declining revenues and earnings if UP is an guide
Insurance earnings have been weak lately
Industrial demand has been weak and the strong US$ does not help (Mormon, PCP, Tungsten tool business)
Utility earnings impacted by low NG prices

I think here is a reasonable chance to get  BRK at  $120/share.
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