Post #4900 by Texirish on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (24)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 2

I don't know but we can all hope it isn't some piddling indignity like owning a puny sub-6% of a $3 Trillion dollar company. That's just embarrassing.

nola

Speaking more seriously, I agree with your basic point. Why stop at 6%? And aren't there other great such companies? Is Google really at that much risk long term of being displaced?

BRK itself is probably the largest great company at a reasonable price with a predictable future. But it trades in such low volume that you can't spend enough buying a low percent of daily sales. You have to make an offer to buy back a large chunk at a reasonable price that could attract sellers.

These options are obviously known to Buffett and - so far- he has chosen none of such. What can we conclude except that he's waiting for a better deal?

I guess "We only serve who only stand and wait."

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (24)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.