Invest your own money, let compound interest be your leverage, and avoid debt like the plague.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 1
No. of Recommendations: 1
The press release to which you linked said, "Affiliates of Berkshire Hathaway have been stockholders of the Company since 2012."
No. of Recommendations: 0
Yes, so it could be a Ted or a Todd position. Todd has a closer relationship with JPM, so maybe it is his.
No. of Recommendations: 1
Yes, so it could be a Ted or a Todd position. Todd has a closer relationship with JPM, so maybe it is his.
It might also be related to Greg's desire to simplify Berkshire? Getting under 10% allows them to not file publicly when they sell the rest, as the PR says after 1 year.
No. of Recommendations: 1
" Probably a Ted or Todd position, but I don't remember for sure when they put on the investment.'
When a respected poster like nola has to stipulate, " probable", doesn't that PROVE we aren't certain which trades are Buffett's? Thank you bud, case closed.
No. of Recommendations: 2
Yes we do. It's not complicated , the larger buys are Buffett and the smaller ones aren't.
No. of Recommendations: 0
Seems to me like BRK is methodically reducing most of their public securities' ownership to under 10%. Reminds me of the BAC position reduction below 10%. Ted is too deep into SIRI so that probably won't happen anytime soon.
No. of Recommendations: 0
They did it differently with their DVA sales recently. Sold those to stay under a 45% threshold and I think they sold most of them directly back to DVA. Wonder if they got some pushback on that or if VRSN didn't want to buy them directly. Or if BRK thinks VRSN is overvalued and doesn't want VRSN to buy them at this level -- the stock had a great 12 month run. I doubt Greg is dictating anything but I'm obviously just speculating.
Interesting.
No. of Recommendations: 1
“ This sale reduced Berkshire’s ownership in VeriSign from 14.2% to 9.6%, bringing the stake below the 10% threshold that would trigger additional regulatory obligations.
The sale price represented a 7% discount to VeriSign’s (NASDAQ:VRSN) closing price on Monday of $305.98. The remaining VeriSign (VRSN) shares held by Berkshire (NYSE:BRK.A) are now subject to a one-year lockup period.
Berkshire originally began building its stake in VeriSign in 2012, when shares traded at less than one-sixth of current levels, reflecting a significant long-term gain for the conglomerate.“
