The Magnificent Seven! OK, I don’t care what you guys say or think, but that’s a cool picture. I may have even used it before for a similar post. If so, sorry. Anyway, it’s my blog so I can do what I want. Anyway, this is just another one of those posts that popped into…
Broken Markets!?
So, I keep hearing that markets are broken, or that the market is as expensive as ever. I know I keep saying this and I am sounding like a broken record, but I am not so sure. Well, let’s take one thing at a time. Are the markets really broken? Someone said this implying that…
Cash!
It’s been a long time! Sorry about that. Very often this year, I planned on posting more, but one thing after another keeps popping up. All good stuff, and it’s good that there is so much for me to do, but it does take me away from spending time writing here. As for markets and…
Interest Rates, Some Books etc.
Interest Rates and the Stock Market Long time, no see. One thing we older people can tell you younger folks is that time really flies. A month as a teen feels a lot longer than a month as an adult. Doh. Anyway, all sorts of things have been going on, and I have been busy…
Inflation, Valuations etc.
By the way, thanks for all the comments. One of the fun things about writing this blog is all the great comments I get, whether agreeing with me or not. Most comments are pretty well thought out, intelligent and very interesting. And I don’t mind at all when people disagree with me on anything. As…
The Next Chipotle, The Next Berkshire…
Sometimes, the next Chipotle is, well, Chipotle. Or the next Microsoft is, Microsoft. I know we’ve spent a lot of time here looking at future BRKs, but sometimes, the next X is just X. This blog started in the fall of 2011, I think, so let’s just look at some of the Berkalikes and how…
Value of BRK Float, Buffett Market View etc.
Value of BRK Float By the way, a while back, my big thing was that Buffett and others kept saying their float is more like equity, and some even proposed to add float into the valuation of BRK stock. Like, literally, take book value of BRK, and then add to it the amount of float…
Y Not?!
This is more than a year out of date, but I’m sure you all noticed that Alleghany was bought by BRK for $850 for cash. I wrote about this company here for a long time, and it was one of my favorite companies to watch / follow, even though I did consider them a bit…
Quality at 10x P/E!
OK, so you guys can laugh at me. Having said what I said in the other post (you would have to sacrifice a lot to find a 10x P/E stock in a 20 P/E world), here are some really good companies for 10x P/E. I didn’t write the last post to set this one up…
Graham and Dudville
Value Funds Holy cow, I haven’t been reading or keeping up with much in the value investing world. As part of my catch up, I plan on reading letters from the various value funds and things like that. One of the first ones, of course, was Sequoia Fund, and I was shocked at how poorly…