No. of Recommendations: 1
I know we all saw the net sales of equities in the 10Q, but they DID buy $15B of stocks. To me, and maybe I’m in the minority, but that will be interesting, it’s one of the larger quarterly buys of equities we have seen in a while.Don't know why you'd be in the minority. I'm sure we all want to know what Greg has been buying, and selling (BoA is the rumor for selling).
I did see this about upping the Sumitomo holding a bit, now 10.5%.
barchart.com - Berkshire hathaway just upped its stake in sumitomo stock greg abel says its holding for the long termI had to copy this quote for our dividend-loving friend:
Berkshire’s stakes in Mitsubishi (MSBHF), Mitsui (MITSF), Itochu (ITOCF), Marubeni (MARUF), and Sumitomo are now worth more than $30 billion combined, and they throw off hundreds of millions of dollars in dividends each year.Nice! Keep it coming.
ADBE seems to fit the bill, under 15x, huge cash flows, consistent repurchases.I see ADBE stock is half what it was 5 years ago. Claude and all that expected to eat their lunch?
Anecdote: kid needed to combine some pictures into a pdf, asked if I had Acrobat. I don't, so I searched. ChatGPT can do it.
