DTBoojum

John Q Smith

DTBoojum’s Activity

Fri Mar 27

NL

Boards Post

DTBoojum replied to the Berkshire Hathaway board. 4:37 PM

Re: Deal Professor Column

...and I'm still missing a few smaller ones in the regular-sized investment group, BYD and GM, for instance, and maybe USG. Anyways, I better stop before I dig myself into a deeper hole...

dtb

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 4:35 PM

Re: Deal Professor Column

Aren't all these larger than Wrigley/$3b???

WFC
KO
IBM
AXP
BAC
WMT
USB
Munich Re
Heinz
PG --- being swapped
KRFT -- soon


You're quite right, bad mistake on my part. I was going to [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 2:55 PM

Re: Deal Professor Column

I notice in the article Berkshire bought Wrigley. Interestingly WRONG.



Well, Berkshire bought part of it.

From 2008:
Mars, Buffett to buy Wrigley for $23 billion

"Wrigley will become a [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 1:09 PM

Re: Munger notes

Charlie tells it like it is, I can see why Warren has valued his frank input over the years.


Frankness is good, but it's a bit rich to be criticizing conglomerates, with no further explanation, when you're so in love with what [more]

Thu Mar 26

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 10:31 PM

Re: Munger notes

Thanks for that.

Any thoughts on what this means?

"Valeant (VRX) is like ITT and Harold Geneen come back to life, only the guy is worse this time."

Regards,
Dtb

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Boards Post

DTBoojum replied to the Canada (General) board. 5:39 PM

Re: Norbert's gambit

The spread they take is awful. Even on a small amount it's basically robbery. I never expect to move those kind of amounts (100k$, or 1000BNS shares) from one currency to another, but at 1.5% or so, just exchanging 3000$ cost more than the 2 [more]

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Boards Post

DTBoojum replied to the Canada (General) board. 2:33 PM

Re: Norbert's gambit

I can answer doe TD Waterhouse, because I just did it.

Already had 2k BBRY on the US side. Bought 9k more.

Then tried to sell 11k BB on the Canadian side. Got an error message, "you are trying to sell more shares than you [more]

Wed Mar 25

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 2:39 PM

Re: Question of the day

Something about comedians, for sure.

Maybe Martin Short makes up for Jim Carrey.

...

The occasional value investor, too.

Apart from Watsa, whom I know you adore, whom are you referring [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 12:24 PM

Re: Question of the day

By the way Mac and Cheese appears to be the national dish of Canada:
===========
Not as far as I can tell.


It's not much to brag about, but most Canadians have probably eaten a lot of Kraft Dinner (the Canadian name for [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 11:32 AM

Re: Question of the day

By the way Mac and Cheese appears to be the national dish of Canada:

http://www.foodrepublic.com/2013/02/21/why-do-canadians-eat-......



I [more]

Tue Mar 24

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Boards Post

DTBoojum replied to the Falling Knives board. 4:49 PM

Re: FKA: CHK, another of the oil slips

They were a little under half hedged for 2015 production going into the year.

I don't know whether to be reassured or terrified. a $9.4B company looks pretty good when it can still make $425M, $191M, $662M and $640M in the last 4 [more]

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DTBoojum replied to the Deranged Monkey Criticism board. 12:23 PM

Re: Blarney Bubble

The massive flaws in CAPE have been noted here several times. It uses a random time period for one thing. If you want to measure using business cycles, do that, not some cherry-picked number. It normalizes some things but not others. [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 8:08 AM

Re: BRKA Acquisitions

Yes - it seems there were discussions in 2000 between Buffett and Shaw about selling the whole company, with no deal, and Buffett asked Shaw if he minded if Berkshire were to acquire public shares - Shaw did not mind and Buffett apparently did buy [more]

Mon Mar 23

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Boards Post

DTBoojum posted to the Canada (General) board. 5:56 PM

Norbert's gambit

SJ and others,

Norbert's gambit was discussed a few days ago, in this thread:

[more]

Thu Mar 19

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Boards Post

DTBoojum replied to the Value Hounds board. 4:45 PM

Re: Bond market ailing

Looking at my own portfolio, Walmart at 2.4% and MSFT at 2.9% seem like pretty safe choices too, and at quite reasonable prices that allow for a good chance of capital appreciation on top of the dividend.

Fairfax has a low dividend, $10 USD [more]

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Boards Post

DTBoojum replied to the Canada (General) board. 8:07 AM

Re: Bad News for ...

Well, I guess that I'd say that the state has a fundamental choice to make. Either it views families as a single economic unit or it views individuals as separate economic units. As you have noted, there are compelling reasons to argue that the [more]

Mon Mar 16

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 9:25 PM

Re: OT. Global Warming

No doubt there is a temperature where warming begins to harm Mankind, but I do not believe that has yet been reached.

I agree, but I didn't say it that harmful temperatures had been reached. I said, in the exact passage you quoted [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 6:40 PM

Re: OT. Global Warming

If a truly dreadful outcome is in the set of possibilities... Should the globe perform the experiment?


I vote that the globe not perform the experiment, and no sane person would choose for our planet to be 5 degrees warmer in 2100. [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 5:04 PM

Re: OT. Global Warming

I guess what Im really asking for is a highly credible and well known reference or article that I could read in a few hours that explains why global warming is real, and why it's so bad.


One way of thinking about the dispute is [more]

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Boards Post

DTBoojum replied to the Berkshire Hathaway board. 12:59 PM

Re: Book Value

I used the Yahoo chart showing price/book.

Looking at the numbers that go into it, at year end 2013, book value per B share appears to be 89.98. On Feb. 5th, the stock hit an intra-day low of $108.12 for a P/B of 1.201. Of course, that is
[more]

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Big gold star, 5000 posts 10+ Year Anniversary! Old School Fool
Board Posts 6784
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