This is a ChatGPT-free Zone
Bubblicious? People still speak of bubbles a lot, bubble in the bond market, stock market, unicorns etc. But I still don’t really see a bubble except in certain areas of technology. Otherwise, things seem to be in a normal range to me, except interest rates. They do seem a bit low, but having said that,…
JPM’s annual report is out, and maybe a good time for another post here. I know it’s been a few months. Honestly, I have been coasting recently on what’s been working and haven’t been digging around too much in the stock market. Most of my time recently has been spent on programming, having taken on…
Every now and then, BRK comes up in conversations with people (and often with people not in the business) and the topic becomes, what to do with BRK post-Buffett. I tell them I own BRK and plan to own it for a long time, and sometimes I wonder why myself. Too Big First of all,…
So Buffett finally buys some JPM. He owned a bunch in his PA years ago and said it would be a conflict to own both JPM and WFC within BRK, or some such thing. I guess recent events (WFC scandals) have made him change his mind (as he may be starting to dump WFC). I’ve…
Wow. Apple (AAPL) was a $28 billion position at the end of 2017, with 167 million shares, but now BRK owns 252 million shares as of the August 13-F (November will be out soon), for a position size of $47 billion then and $52 billion now (as of 11/4/2018). That sounds crazy as it’s the…
It’s been pretty quiet around here. This post has been sitting in the queue for a long time, so I figure I’ll just get it out now. Things seem to be pretty fully priced. When I first started this blog back in 2011, banks / financials were cheap, analysts were bearish, the public hated banks…
I love books, and out of all the retailers out there in the past five, ten years, I’ve spent more time at BKS than anywhere else. It used to be Tower Records or J&R Music World, but now that they are all gone, BKS is one of the only other retailers that I actually enjoy…
This is going to be a short post. It’s just another one of those things that hit me in the head, like, duh! I read all the time that even Buffett is bearish the stock market as he is stockpiling a ton of cash. He has close to $100 billion in cash (and equivalents) on…
The title of this post is pronounced, “Bubble Watch Ten”, not “Bubble Watch Ex”. So don’t sound uncool in public by calling it Bubble Watch Ex… So the bears keep saying we are in overvalued territory and we will see a huge correction soon. On the other hand, we got guys like Dan Loeb really…
It’s been a long time since posting last. I’ve gotten comments and emails wondering where I’ve gone. Actually, nothing has changed and it hasn’t been a conscious decision to scale back here at all. I’ve been wanting to post. Part of it may be that I was a little busy. I have been getting involved…