Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (21) |
Author: nola622   😊 😞
Number: of 21943 
Subject: Re: WEB press release
Date: 06/30/25 11:02 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 10
Unfortunately for Warren, we also know one of his personal holdings was SRG (Seritage) common stock. He was still willing to do a secured first mortgage on all of their property at the Berkshire level, despite the potential conflict. He may have sold his SRG common before Berkshire made that loan. Seritage has been dutifully paying it off and the loan is almost finished. It was always well secured by 1st position mortgage on the real estate. Seritage issues a press release every time they mail Berkshire a principal repayment check.

He has said publicly that his 2010 adjusted gross income was around $62 million and his 2015 return showed $11.5m adjusted gross income. I think his non-Berkshire net worth has been between $600m and $850m for many, many years and he had many private investments not associated with Berkshire. The 2013 Annual Letter described a property investment in real estate adjacent to NYU, in partnership with Larry Silverstein and his friend Fred Rose.

Earlier in life he "subscribed" to quite a few annual reports by buying 100 shares each in companies he wanted to follow. With many decades of splits and the American tailwind you could imagine those "subscribe to the annual report mailing list" shares could be worth a good amount.

I suspect most of his $750m or so of liquid folding cash is probably in T-bills these days - it isn't worth the conflict.

Does anybody remember if Mid-Continent Tab Card Co. was a personal investment for him?
kingswell.io - Before berkshire warren buffetts
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to nola622 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (21) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community