Grahdodd’s Activity

Sun Oct 2

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 9:17 AM

Re: WFC (of course)

Corrupt, biased, opportunistic, politically motivated scoundrels who jump at the opportunity to exploit an adverse development weeks before election day to promote their version of leftist anti-banking/anti-Wall Street populism....can, by total [more]

Thu Sep 29

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 6:21 PM

Re: Why WEB should talk about WFC:

>>> while we keep discussing on this board how the scandal is not such a big deal.

Is anybody here saying that?

Jim<<<

Yes. Repeatedly.

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 6:12 PM

Re: Why WEB should talk about WFC:

DTB, that's exactly my thinking.

We're not going to hear he's out of the stock because Buffett would not have time to get out of that large a holding. Selling 10% of the daily WFC share volume it would take many months to [more]

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 5:18 PM

Re: Why WEB should talk about WFC:

".....never told anyone whether he would stick around in this or any other position"

This caught my attention. I've heard Buffett talk about "permanent holdings". Did Buffett ever refer to Wells as a permanent holding [more]

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 4:28 PM

Re: Why WEB should talk about WFC:

Buffett did tell Stumpf the WFC problem is a lot worse than Stumpf indicated on Stumpf's CNBC interview according to Becky Quick who just spoke with Buffett.

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 4:11 PM

Re: WFC Hearing

>>>WEB should absolute be commenting on this issue, not in 39 days, but now.<<<

Maybe he wants to buy back Berkshire stock. Every day Stumpf stays employed and Buffett stays quiet seems to bring us that much closer to [more]

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 4:06 PM

Re: California suspends business relationship w/

>>Huh? I have been damaged, as a shareholder, so I sue the company that I own? What good does it do to sue yourself?<<<<

You are familiar with the concept of shareholder class action lawsuits, right? This is the new poster [more]

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 8:22 AM

Re: California suspends business relationship w/

>>>I strongly disagree.
A crook (or just a mediocre hack) manager will happily risk $20B in market cap if his compensation depended on cross-selling goals.

Wells Fargo and by association, Stumpf, were the amazing whiz-kids who [more]

Tue Sep 20

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 4:31 PM

Re: Todd joins JPM BOD

Banking analyst Dick Bove says no coincidence Combs is going to the JPM Board. Bove thinks Buffett is planning an exit from Wells. He thinks that's why Buffett gave Combs the blessing to accept the JPM BOD.

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 7:15 AM

Re: Buffett - No statement on WFC

He had no comment on Sokol for many weeks.

Then went nuclear.

Something this big you don't jump on immediately. My take is...he's pushing drastic action behind the scenes. No need to initiate change via press release.

Sat Sep 17

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 5:54 PM

Re: Confidence

>>>>But there is a countervailing effect for the holder of a cap weighted index which is unfortunately far bigger:
On any given date, some firms are badly overvalued. It falls out of the
arithmetic that such firms will be more [more]

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 12:41 PM

Re: Confidence

Not really.

Most of the performance of the Index comes from the top 1/5th of the holdings and most of THAT often comes from the top 1/10th.

The 250th best stock is usually, considerably sub-par. So picking the "average [more]

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 10:27 AM

Re: WFC oil salad scandal price level?

Warren Buffet: “If you lose money for the firm I will be understanding. If you lose reputation I will be ruthless.”

Those who dismiss this scandal due to the actual money involved simply are not familiar with Warren Buffett and everything he [more]

Fri Sep 16

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 11:35 AM

Re: "Goals Gone Wild: Scam at Wells Fargo

If you liked the post mortgage crisis Bank Regulation environment, you'll just love round two: it's here and it's bigger and better than ever.

Stumpf just offered up a 78 mph fastball down the middle to Liz Warren.

MBS [more]

Tue Sep 13

NL

Boards Post

Grahdodd posted to the Berkshire Hathaway board. 12:00 PM

WFC Now Less Valuable Than JPM, Apple Cash

As of 11:10 AM.

And dragging Banking sector with it. Banks should be up big with rise in rates. Worry, as we said, this is red meat for anti-banking, pro-reg crowd.

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 10:43 AM

Re: Wells Fargo

"The company's shareholders are the big losers with $185m in penalties and huge
loss of reputational value, though it's arguably a fitting punishment for our having managers that stupid".

Managers are highly incentived [more]

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 9:56 AM

Re: Buffett Should Take Leave From Berkshire

It's time for Wells biggest owner to move in temporarily. Credibility in Banking is everything.

Top to bottom housecleaning is in order. Who better than its largest owner--the guy who fixed Salomon--to get the job done?

Mon Sep 12

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 9:41 PM

Re: WF phony account exec's $125M bonus

Outrageous, immoral, unethical, and inexplicable.

Wells Fargo is a national embarrassment. And for this woman to walk away with $125 million?

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 10:43 AM

Re: Wells Fargo

New regulatory risk is now on the table. The voices of Liz Warren & Bernie Sanders WERE considered extreme pre-last week. WFC just made those voices mainstream. THAT is the legacy.

This company should be ashamed for the pain it's [more]

Sat Sep 10

NL

Boards Post

Grahdodd replied to the Berkshire Hathaway board. 5:05 PM

Re: Buffett Should Take Leave From Berkshire

Some of the commentary here keeps bringing me back to Bill Bennett's book "The Death of Outrage".

There's a much bigger issue here. And it's quite disturbing.

"we call those sundry losses in banking. [more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating 63.51
Player Rank 27277 out of 74751
Score 177.33
Score Change Today +4.41
Accuracy 60.00%
Active Picks 8
Total Picks 12
Best Pick RTN (+155.75)
Worst Pick EEM (-66.51)
Average Score per Pick 14.78
Charms Earned 3
Highest Rated Favorite No Favorites Selected
Go to Grahdodd’s CAPS page

Boards Stats & Trivia

One star, 50 posts
Board Posts 122
Recs Received 638
People who have rec'd these posts 237
Recs to Posts Ratio (last 30 days) N/A
Threads Started 14
Threads Started Percentage 11.48 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: Poll: Important Investment Decision (5/8/2009)
Percentage of Posts Rec'd 76.23 %
Show Grahdodd’s 10 Latest Posts