This is a ChatGPT-free Zone
So, like many of you, I watched the BRK annual meeting (replay) as usual. It was nice to have Ajit and Greg join Buffett and Munger on the stage. Buffett and Munger both looked great, and it was good to see that duo in action again. There were a few interesting things this time. This…
Not quite a whale, and pretty small investment, but interesting nonetheless. As usual, people are trying to read all sorts of things into this investment, from bullishness on Japan, bearishness on the U.S., the U.S. dollar, inflation hedge / exposure to natural resources etc. It almost feels like nobody ever reads anything Buffett writes. He…
So, with Buffett dumping airlines, JPM and not jumping into the markets in March, is he really all that bearish? His cash keeps piling up to the frustration of long time Buffett fans. March Decline First, I would have to say that the March decline was pretty quick. It crashed, and the market bounced back…
It’s been quite a few weeks since my last post. I haven’t really changed my thoughts since then, but maybe the economic impact of this will have more than a blip on the long term charts after all. So far, the economy seems to be doing much worse (or will soon) than the stock market….
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…
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…
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…
Buffett was on CNBC the other day and it was very interesting as usual. Well, most of what he says is not new. Not in Bubble Territory Anyway, he was asked about the stock market and since so many people keep saying that the stock market is overvalued or that it’s in a bubble, I…
Whenever I read about Buffett and other great managers, what I tend to see all the time are things like, “xx has beaten the market y out of z years; the odds of that happening are 1 in 5,000!” or some such thing. Not too long ago, there was an article about managers with outstanding…