Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m Weekly ¤Learn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m Weekly ¤Learn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" 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
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (5) |
Author: EVBigMacMeal ✸  😊 😞
Number: of 88931 
Subject: Re: New Direction?
Date: 09/19/24 2:45 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 17
It’s an interesting question. They were certainly independent thinkers and had many well publicised differences in stock picks that we know about.

Warren wouldn’t buy Costco.

Warren sold Wells Fargo but Charlie was happy to tolerate a little bad behaviour.

Warren reluctantly allowed the BYD purchase.

Charlie thought Warren tinkered too much around the edges on things that made little difference like the square negative yield bonds.

Charlie struck me as more of a deep roller and risk taker and Warren a little more prudent.

But probably 99% in agreement most of the time. An incredible double filter that sidestepped so much trouble and setbacks.

Must have been a really hard year for Warren without Charlie. Perhaps unrelated but Berkshire has become more prudent in the last year. Maybe not unrelated. We will never know. Sandy Gottesman has previously commented on Berkshire - post Buffett - might take a little more risk. Again probably won’t be that different.

Certainly, in hindsight I’m glad Warren didn’t take out a margin loan to load up on Alibaba at 20 times earnings. But equally, $100 Bullion Costco gain would have been good.

Together they bought Apple, BYD, Sees, GEICO, Coca-Cola, built the world’s greatest insurance group and one or two other achievements! So I guess they were essentially like two peas from the same pod.

Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to EVBigMacMeal here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 22,499 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 · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (5) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community | Privacy