This is a ChatGPT-free Zone
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…
Shiller said the other day that the market can go up 50% from here. OK, so I fell for it and clicked to watch the CNBC video. This was sort of a surprising comment coming from the creator of the CAPE ratio, one of the main indicators bears use to argue that the market is…
So, I was taking to a friend who has a million dollars in a large cap stock fund. The fund happens to be the Fidelity Magellan fund. The fund is very famous for being the ship that Peter Lynch navigated. But years later, it’s just another generic, closet-index/large cap fund. I don’t follow mutual funds…
This is one of those things that I looked at before and never posted, so here it is. Actually, I didn’t write much about it, it was just sitting in my queue. I know Munger likes China more than India, but I think India is very interesting. I don’t think I have to say much…
I haven’t posted much about JPM recently as it’s still basically the same story. Great CEO building an awesome company performing really well etc. After even a couple of posts, they are basically the same. But since I haven’t been too active here recently, I figured why not? Let’s take a look at this. There…