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…
Tag: MSFT
Cost Cutting, R&D etc.
This is going to be a wandering post, just thinking out loud about a few things that have been on my mind. I’ve been posting about “outsider” CEO’s and now about 3G Capital. They of course have a lot in common, but one thing is that these acquisitive CEO’s cut costs, and sometimes a lot….
Greenblatt on CNBC: Market Reasonably Valued
So Joel Greenblatt was just on CNBC and said some interesting things. I don’t intend to post every time someone I respect shows up on TV, but this appearance was especially interesting to me for a couple of reasons. One major reason is, of course, market valuation. I don’t really care about the many folks…
Harold!
That’s the hint Warren Buffett offered to CNBC Monday morning when he said he will tell viewers which stock he has been buying this year. None of the CNBC folks were able to guess (I had no idea) what stock it was. Harold’s short name is Hal, of course, and Hal is the computer in…
Microsoft
Here’s a just a quick note on the cheapness of Microsoft (MSFT). Microsoft is a controversial stock; some feel it has great value and others feel it is a value trap, an old dinosaur on it’s way out. David Einhorn among other notable value investors have taken a decent stake in this company. The primary…