bigshan’s Activity

Sat Dec 20

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Boards Post

bigshan replied to the Berkshire Hathaway board. 9:33 AM

Re: OT: A little wonderful advice

In spring of 2013 when BRK.B price quickly appreciated from 80's to over 100 in a few months, quite a few people on this board, some are experienced value investors, claimed that the market had moved too fast and it's time to sell and wait for a [more]

Sun Dec 14

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bigshan replied to the Berkshire Hathaway board. 7:10 PM

Re: Prescient Forbes Article on the Oil Bust

<<It doesn't work like that. I've read higher break-even prices but I took the lower numbers I came across to be conservative. Lenders will be coming after these producers soon. Time is ticking.>>

There will be bankruptcies, but [more]

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bigshan replied to the Berkshire Hathaway board. 6:07 PM

Re: Prescient Forbes Article on the Oil Bust

<<At $50 oil about half of U.S. oil shale producers are below break-even levels. >>

That $50 break-even price is a market price. A petroleum engineer making $150k today would be happy to accept half the salary when low oil price [more]

Sat Dec 13

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bigshan replied to the Berkshire Hathaway board. 6:58 PM

Re: Prescient Forbes Article on the Oil Bust

<<To my amazement, even now after the collapse of oil prices speculators are still very much net long oil and commercials net short.>>

To my amazement, you sounded like one of them just yesterday:

[more]

Thu Dec 4

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bigshan replied to the Berkshire Hathaway board. 8:03 AM

Re: Warren and diversification

There's a zone of great businesses and corporations. Within that zone, Buffett himself won't be able to set apart individual ones. So over a long period depending on the valuations at different times, he has collected a bunch of them, some whole and [more]

Sun Nov 2

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bigshan posted to the Berkshire Hathaway board. 10:28 AM

Brooks Running Shoe Brand

<<Brooks Running Co., a subsidiary of Warren Buffett’s Berkshire Hathaway BRK.A 0.46% , hit the $500 million mark in annual sales last April.... >>

[more]

Mon Oct 20

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Boards Post

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

Re: OT: IBM..."It’s a terrible mista

I think IBM has turned into a 'too hard' category. The bottom line was that it would hold on to its core business, and even if it can't grow, the aggressive buyback would make the investment attractive. Now even IBM itself doesn't deny its core [more]

Fri Oct 17

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bigshan replied to the Berkshire Hathaway board. 6:15 PM

Re: Ted and Todd - Results

<<First, there are extremely sound (and simple) economic reasons that profit margins should mean revert strongly if not completely.
If they don't, then things like gravity and time are in question.>>

Corporate profit margin [more]

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bigshan replied to the Berkshire Hathaway board. 8:01 AM

Re: Ted and Todd - Results

<<is it wiser to base future return expectations on an overwhelming amount of consistent data (which is uniformly indicating poor long-term forward market returns), or engage with opinions? >>

There's one problem with those data, [more]

Thu Oct 16

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bigshan replied to the Berkshire Hathaway board. 3:15 PM

Re: Ted and Todd - Results

<<His words were mostly to the effect that purchases then would work out fine in the long run.
There isn't actually anything in the article that suggests the market was compellingly cheap in his view.>>

If you listen to the [more]

Wed Oct 15

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Boards Post

bigshan replied to the Berkshire Hathaway board. 8:48 AM

Re: Ted and Todd - Results

<<Buffett has never been wrong about the returns you will get in the market. As far as I can find these are the only times he has tried to warn investors, one direction or the other.>>

Buffett has said that the range is wide and [more]

Tue Oct 14

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bigshan posted to the Berkshire Hathaway board. 5:47 PM

CSX earning release

http://investors.csx.com/phoenix.zhtml?c=92932&p=irol-ne...

BNSF and BRK should have good earning in the last quarter.

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bigshan replied to the Berkshire Hathaway board. 2:00 PM

Re: Ted and Todd - Results

If they can keep up that pace in the next 10 years, Tod and Todd could turn out to be a great acquisition of Buffett in the past few years, on a par with BNSF.

Thu Oct 9

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Boards Post

bigshan replied to the Berkshire Hathaway board. 11:24 PM

Re: CBI: Not Exactly OT

Hi VINNY,

Thank you so much for a detailed answer. Good luck to your CBI holding. The business should be fine over long term.

Bigshan

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Boards Post

bigshan replied to the Berkshire Hathaway board. 4:04 PM

Re: CBI: Not Exactly OT

<<CBI’s second quarter 10 Q does show a revenue credit of $60 million but this is nowhere near the number quoted by Prescience, further it would seem that any revenue added back in this manner would be accompanied by the expenses associated [more]

Tue Oct 7

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bigshan posted to the Berkshire Hathaway board. 6:03 PM

Buffett's prediction

Usually market and political prediction is no interest to me, except when it is from Buffett. He is betting that Hillary will win the 2016 presidential election. He wouldn't say that if he doesn't think the economy is going to improve significantly [more]

Thu Oct 2

Sun Sep 28

NL

Boards Post

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

Re: OT: Mungo's pic of the day

<<Why on earth would you think what's true of the entire market would also be equally true of the Dow Jones Industrial average?
(30 hand-picked companies hand selected to be atypical—industry leaders)>>

Your chart doesn't [more]

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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 1112
Recs Received 1899
People who have rec'd these posts 449
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Threads Started 118
Threads Started Percentage 10.61 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: Thinking Like Warren Buffett (2/3/2005)
Percentage of Posts Rec'd 56.29 %
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