berkshireone’s Activity

Sun Apr 12

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 3:45 PM

Re: The Buffett Loophole

That submission to Barron's was generally well written and well presented, more so than the typical letter to the editor. I see why Barron's featured it.

The point that Berkshire has routinely taken dividend paying companies off the table [more]

Thu Apr 9

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 11:00 AM

Re: Negative Article on Clayton Homes

JimKredux:

Are you suggesting the Clayton might be paying its salespeople commissions to steer its customers into Vanderbilt or 21st Mortgage loans, particularly "chattel" loans? I thought that this was now illegal, no?

Or [more]

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 8:45 AM

Re: Negative Article on Clayton Homes

"I'm not a lawyer but I'm sure mobile home salesmen and financial advisors have different fiduciary responsibilities."
******

There are both moral and legal issues here.

Dodd-Frank was amended in 2011 to tighten up [more]

Wed Apr 8

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 8:55 AM

Re: Negative Article on Clayton Homes

As we saw, Clayton issued a statement essentially refuting the original article rather than just saying that they take these reports and complaints seriously and are redoubling their efforts to establish exemplary levels of customer service and [more]

Sat Apr 4

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 11:59 AM

Re: Negative Article on Clayton Homes

Nice link, Kelbon.

You probably noticed but it is worth mentioning that the linked New York Times article in Clayton's press release, citing Clayton for industry best practices, was written for the NYT by none other than Larry Cunningham, [more]

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 2:04 AM

Re: Negative Article on Clayton Homes

This article is disturbing and it would be a mistake to attack it on the basis of its presentation or even perceived bias. The authors did a commendable job of connecting dots that consumers or their representatives might not have been aware of [more]

Wed Apr 1

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 8:50 AM

Re: Munger notes

I am with knighttof3 on this. I get that same feeling listening to the platitudes yet again.

For years Munger has said that there are fifty or a hundred, depending on the talk, mental models that he and presumably Buffett use in looking at [more]

Thu Mar 26

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 5:56 PM

Re: Tough crowd

"..though experiment is if Berkshire relisted BNSF"
.....

A minor note on this topic: the book value of these acquisitions is not necessarily locked it at the acquisition level. In some cases we can see the book value growth [more]

Tue Mar 24

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 7:38 AM

Re: Semi-OT: Kinda cool

I doubt that these bonds are being purchased by individual investors. I would guess that for the typical institutional buyer this is not a one step investment but rather a component of an arbitrage on other euro denominated lending. For example short [more]

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 7:24 AM

Re: BRKA Acquisitions

"prior to be acquired by Wesco"
...
And wouldn't Wesco itself be on this list, as well as Blue Chip which was substantial on a relative basis, and several earlier purchases, though these examples might not quite be in the spirit of [more]

Sat Mar 14

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 9:44 AM

Re: OT: CBI CFO retires

I could be wrong but I think this is probably overblown. Yes there are some enron connecting threads but they are tenuous. After all, the outgoing cfo did happen to have spent his whole career at Andersen until enron and also happened to be a partner [more]

Mon Mar 9

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 3:38 AM

Re: BNSF derailment

Some of the frustration here is that a year ago Burlington Northern put out a list of steps being taken to prevent derailment and explosions. Back then these included:

Working with producers to reduce volatility of the oil being shipped. [more]

Fri Mar 6

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 7:45 PM

Re: APPL

I agree with Tommyty regarding GE.

Until Apple passed it, GE was the most valuable company in the world. Now I belive it is still number two. GE's enterprise value is almost as much as Berkshire's and Exxon Mobil's combined. Why would anyone [more]

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 6:40 AM

Re: BNSF derailment

The Wall Street Journal is reporting that the rail cars that derailed and exploded are new BNSF tank cars, the 'CPC-1232' cars that the article describes as designed to be safer. The article also suggests that this might spur regulators to look at [more]

Thu Mar 5

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 11:02 PM

Re: BNSF derailment

As to 'what's the big deal' and 'this is easy to clean up' I would suggest that it probably is a very big deal, especially for Berkshire shareholders, and it is far from easy for us to 'clean up' at this late stage. Further, it raises a great many [more]

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 8:44 AM

Re: OT: Fastenal

Barron's article last year on Fastenal and Buffet's admiration (for management, at least):
[more]

Mon Mar 2

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 6:27 AM

Re: Adjusted Look-through Earnings

When this topic has come up in the past, one of the cautions raised has been not to double count the earnings from the portfolio by including the investment gains component of Berkshire earnings in addition to the hypothetical look through number. [more]

Wed Feb 25

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 10:56 AM

Re: CBI!!

We had a thread here on this board regarding that Prescient Point report and the market reaction several months ago.

PP has a nice website but is actually a two person outfit out of a multi tenant mail drop address in Baton Rouge. The two [more]

Thu Feb 12

NL

Boards Post

berkshireone posted to the Berkshire Hathaway board. 5:25 PM

Costco ending Amex exclusive

Costco's deal with Amex is ending next year in Mar 2016 and won't be renewed, after 16 years of exclusivity. No word yet on whether Amex will continue to be still accepted there at all, or which cards Costco will now take. Costco Amex sales including [more]

Mon Feb 9

NL

Boards Post

berkshireone replied to the Berkshire Hathaway board. 9:41 AM

Re: Buffett Looking worried

The last I checked it was self-driving cars, which may supposedly reduce auto insurance accidents and therefore repair claims in the next decade or two, presumably also bringing liability as well as collision rates down. I would expect that auto [more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 75198
Score 0.00
Score Change Today 0
Accuracy 0.00%
Active Picks 0
Total Picks 0
Best Pick ( 0)
Worst Pick ( 0)
Average Score per Pick 0.00
Charms Earned 0
Highest Rated Favorite No Favorites Selected
Go to berkshireone’s CAPS page

Boards Stats & Trivia

Two stars, 250 posts
Board Posts 389
Recs Received 1366
People who have rec'd these posts 378
Recs to Posts Ratio (last 30 days) N/A
Threads Started 16
Threads Started Percentage 4.11 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: Munger does not like Ethanol (1/19/2008)
Percentage of Posts Rec'd 71.98 %
Show berkshireone’s 10 Latest Posts