Author: kk

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 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…

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…

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 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…

This is more than a year out of date, but I’m sure you all noticed that Alleghany was bought by BRK for $850 for cash.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…

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…

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…

Oh, one thing that changed since the last time I was more active here is that I am now a complete Apple fanboy. OK, maybe not really, as I don’t wait in line for hours for anything. But I used to be 100% Windows but now I am sort of all mixed up. I have…

The Markets OK, so let’s talk about stocks. I will look into things a little more later, but for now, I will just let you guys know that not much has changed in my thinking. As long as the market is within what Buffett years ago called the “zone of reasonableness”, I don’t worry too…