IwannaBsedated’s Activity

Yesterday

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IwannaBsedated posted to the Berkshire Hathaway board. 9:56 AM

Oakmark giving up on value investing?

I’m being a little inflammatory, but this does seem to be a bit of capitulation for Nygren.


http://www.seekingalpha.com/article/4186671

Thu Jul 12

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IwannaBsedated posted to the Berkshire Hathaway board. 4:00 PM

Lifecycle of Greed

I think this explains what happens to some who get rich very quickly.

http://www.collaborativefund.com/blog/the-lifecycle-of-greed...

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IwannaBsedated replied to the Berkshire Hathaway board. 11:48 AM

Re: Poll: OT: How much did you make in AMZN?

What’s up with the Amazon infatuation on this board?

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IwannaBsedated replied to the Berkshire Hathaway board. 10:01 AM

Re: AMZN market cap $400 B > Berkshire

https://www.barrons.com/articles/SB945992010127068546

History doesn’t always repeat, but it usually rhymes.

Mon Jul 9

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IwannaBsedated posted to the Berkshire Hathaway board. 9:14 AM

Cliff Asness quotes

Pretty interesting quotes. This is from Tren Griffin’s blog. Quotes are later on in the blog post.

https://25iq.com/2018/06/30/lessons-from-cliff-asness/

Fri Jul 6

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IwannaBsedated replied to the Berkshire Hathaway board. 11:26 AM

Re: thinking of 50% in BRKB

“Investment losses of $6.4 billion erased all operating earnings“

The investment “losses” didn’t erase the operating earnings, just like huge investment “gains” in the future won’t amplify operating earnings.

Tue Jul 3

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IwannaBsedated replied to the Berkshire Hathaway board. 1:23 PM

Re: 6th inning with our sluggers coming to bat

My dad always said, “to fail to plan is a plan to fail”.

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IwannaBsedated replied to the Berkshire Hathaway board. 10:20 AM

Re: thinking of 50% in BRKB

I admit I fall prey to confirmation bias when thinking about my large Berkshire position. I tend to discredit posters here and elsewhere that argue Berkshire is not a decent/safe bet and should not be such a large portion of anyone’s portfolio, even [more]

Mon Jul 2

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IwannaBsedated replied to the Berkshire Hathaway board. 9:53 AM

Re: thinking of 50% in BRKB

I know you used the phrase “prevent defense” derogatively, but personally I don’t mind a dose of caution when macro signals are flashing red.

But more likely, since WB and CM are not macro, top-down investors, I’m thinking they just can’t [more]

Sun Jul 1

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IwannaBsedated replied to the Berkshire Hathaway board. 9:30 AM

Re: thinking of 50% in BRKB

“couple 78 all cash $1000000
pension and soc covers expenses
thinking of putting 50% in BRKb now,
should we?
and what for other 50%?”

I don’t think that’s a terrible idea, but maybe don’t buy the entire 50% of Berkshire right [more]

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IwannaBsedated replied to the Berkshire Hathaway board. 9:13 AM

Re: thinking of 50% in BRKB

You are experiencing 10% inflation? 😳

Sat Jun 23

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IwannaBsedated replied to the Berkshire Hathaway board. 7:50 AM

Re: Excuses

It could be the succession issue, but I mostly blame it on the 9 year bull market. Berkshire usually lags in bull markets, when many people are more excited about fantastic stories like Amazon than with boring things like GAAP profits, strong balance [more]

Fri Jun 22

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IwannaBsedated replied to the Berkshire Hathaway board. 1:39 PM

Re: So 1999! Warren is fumbling the ball

All the recent “Warren has lost it” threads and articles are a pretty good sign we are reaching the end of this bull market.

IMO

Thu Jun 21

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IwannaBsedated replied to the Berkshire Hathaway board. 12:05 PM

Re: Berkshire price to book getting attractive again

Whoops. Didn’t see previous posts, which said what I wanted to say much better.

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IwannaBsedated posted to the Berkshire Hathaway board. 11:47 AM

Berkshire price to book getting attractive again

Berkshire book per b share was about 141 last quarter. If book increases to around 145 next quarter price to book is below 1.3 price to book at 188.25 for a B share today.

Not too shabby. Picked up a few shares today.

Tue Jun 19

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IwannaBsedated replied to the Berkshire Hathaway board. 11:40 AM

Re: How much cash reasonably has optionality

I’m beginning to think this way for my personal portfolio. Because of fear (rational or otherwise) after 2016 I horded cash until I had 16 years worth of expenses sitting around earning 1.5% or so. My argument was I liked the optionality of the big [more]

Mon Jun 18

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IwannaBsedated replied to the Berkshire Hathaway board. 3:35 PM

Re: What event might Munger be eluding to here?

Is he possibly forecasting another crash they might be able to take advantage of? Some good buys during a crash would outperform the index.

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IwannaBsedated replied to the Berkshire Hathaway board. 2:45 PM

Re: 20-year return vs S&P downright shocking

Interesting (to me) - I first bought Berkshire B's 20 years ago, May 1998. I knew nothing about investing. I bought Berkshire after I read some articles and a book about Buffet. I soon realized I had seriously overpaid.

May 1998 -
[more]

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IwannaBsedated replied to the Berkshire Hathaway board. 12:26 PM

Re: Mungo forward returns from diff P/B levels

That’s the one. Thanks so much.

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IwannaBsedated posted to the Berkshire Hathaway board. 11:02 AM

Mungo forward returns from diff P/B levels

I’ve searcjed and searched and can’t find it. Maybe I’m dreaming, but didn’t you fairly recently do some calculations on possible returns from different Berkshire P/B levels?

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Three stars, 500 posts Old School Fool
Board Posts 615
Recs Received 1844
People who have rec'd these posts 607
Recs to Posts Ratio (last 30 days) 9.40
Threads Started 98
Threads Started Percentage 15.93 %
Most Frequent Board Berkshire Hathaway
Very First Post new poster (3/19/2000)
Percentage of Posts Rec'd 61.14 %
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