Author: kk

First, let’s talk about gold… By the way, in my last post, I mentioned gold. Something was nagging at me since then, so I completed the thought. I have no idea what gold should be trading at, or whether it should be in your portfolio. I would argue that it shouldn’t be. So here is…

Long time! It’s been a while and a lot has happened since I posted here back in February. But to me, it doesn’t feel like much. The big thing, I suppose, was liberation day. A lot of people asked me about that, and frankly, I just shrugged. What are you going to do? You can’t…

First of all, just some follow-up comments from my recent posts. Judging from the comments that came in about MKL, it makes me wonder if BRK is going to be a white knight (assuming it becomes necessary). Why would BRK expend capital on an underperformer? Does MKL need to be “saved”? BRK did buy Alleghany…

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…

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…

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…