bigshan’s Activity

Wed Sep 17

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Boards Post

bigshan replied to the Berkshire Hathaway board. 10:36 AM

Re: USDA Chief Tells Buffett To Get RR Ready

<<Vilsack on Tuesday praised BNSF for its work to improve service for farmers this year.

"If we had made as much progress with Canadian Pacific, we'd be in a little bit better place than we are today," he said.>>

Wed Sep 10

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Boards Post

bigshan replied to the Berkshire Hathaway board. 2:12 PM

Re: The Buffett Indicator

<<I didn't know what "Y = f(x)" meant! I took your advise and looked it up and now I do. >>

"Beware of geeks bearing formulas" --- Warren Buffett

Tue Aug 26

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bigshan replied to the Berkshire Hathaway board. 8:58 AM

Re: Brk to help finance deal

<<Interesting that Buffett publicly lobbies for the rich to pay their fair share, or at least a fairer share of taxes, while on the other hand he's perfectly willing to help facilitate "an inversion" which will result in Burger King's [more]

Sat Aug 16

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bigshan replied to the Berkshire Hathaway board. 7:33 PM

Re: Berkshire's float

<< Thinking about this a little (and not being nearly as good with accounting as I should be), if the accounting rules were changed, such that depreciation for accounting purposes had to be at the same rate as on the tax return, then wouldn't [more]

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bigshan replied to the Berkshire Hathaway board. 5:46 PM

Re: Berkshire's float

<<I would take an actual dollar any day, or a dollar of insurance float, of a tax deferral (essentially, 0% government financing on certain purchases for a few years).>>

No body argue for that. The point is that deferred tax has [more]

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bigshan replied to the Berkshire Hathaway board. 4:14 PM

Re: Berkshire's float

<<The falacy is basically that the starting point is GAAP financials and not cash flow. From a cash flow perspective insurance float is golden. You actually are handed cash to use as you like. Deferred taxes on your great example, Coke shares, [more]

Thu Aug 14

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bigshan posted to the Berkshire Hathaway board. 3:14 PM

Buffett,Greenberg Target Insurance in Asia

<<Two octogenarian insurance magnates are making bets on Asia. Warren Buffett's Berkshire Hathaway Inc. BRKB +1.50% and Maurice "Hank" Greenberg's Starr Cos. are quietly expanding their operations, hoping to capitalize on a [more]

Sun Aug 10

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bigshan replied to the Berkshire Hathaway board. 2:19 PM

Re: news from ghu

<<On the other hand, the risks Jim enumerated are real,...>>

Also banks partially owned and controlled by the government as those in China and Russia operate in different rules than those in the west. Bad loans could be in the [more]

Sat Aug 9

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bigshan replied to the Berkshire Hathaway board. 5:39 PM

Re: news from ghu

<<Grant is very bullish on gold and gold stocks. >>

http://www.fa-mag.com/news/hard-times--hard-assets-18444.htm...

There's no way I [more]

Wed Aug 6

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bigshan replied to the Berkshire Hathaway board. 8:28 PM

Re: OT: Wally

Walmart is facing a paradigm shift of shopping. 10-20 years from now store shopping would be like going to cinema for a movie. It may still be a good investment because 10-20 years is a long time and it may even adapt and prosper.

Fri Aug 1

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bigshan replied to the Berkshire Hathaway board. 9:28 PM

Re: excellent article on BRK

The article's financial analysis matches the latest financial report very well. The article clearly shows that BRK.B worth between $150-160, about 25% more than the market price. Also noting that BRK's stock portfolio is not overvalued, regardless [more]

Sun Jul 20

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

Re: Is the market overvalued

The most valuable point to take away from Buffett's article:

<<At Berkshire we focus almost exclusively on the valuations of individual companies, looking only to a very limited extent at the valuation of the overall market. Even then, [more]

Mon Jul 14

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bigshan replied to the Berkshire Hathaway board. 9:57 PM

Re: OT: Latest GMO Real Return Forecast

<<The top 3 asset classes in descending order.
Emerging Equities 3.6%
US High Quality Equities 2.2%
Emerging Debt 1.6%

These are real return estimates. Add inflation to get nominal.
>>

These numbers are [more]

Sat Jul 5

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bigshan replied to the Berkshire Hathaway board. 10:02 AM

Re: Seth Klarman and "The Truman Show"

I didn't mean profit margin and living standard are the same. But they are the two benefactors from productivity growth. Living standard refers to real wage (adjusted for inflation) earned by the 90%. As many statistics have shown, real wage has been [more]

Fri Jul 4

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bigshan replied to the Berkshire Hathaway board. 8:14 PM

Re: Seth Klarman and "The Truman Show"

One major theory of market overvaluation is that profit margin is too high and will reverse to average. But doesn't productivity grow year after year on average? What benefits most from productivity growth, if not profit margin and living standard? [more]

Sat Jun 28

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bigshan replied to the Berkshire Hathaway board. 7:03 PM

Re: BRK value 80% in owned businesses

Actually, the article refers to BRK assets, not value.

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bigshan posted to the Berkshire Hathaway board. 7:01 PM

BRK value 80% in owned businesses

I don't think this article is correct, which claims that BRK's value is now 80% in operating businesses and 20% in common stocks. If that were true, BRK's total value would have been about %500b (~$100b in stocks x 5 = $500b).

[more]

Tue Jun 3

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bigshan replied to the Berkshire Hathaway board. 10:32 PM

Re: news from ghu

<<How do you know if I am a dope or not? Just because I am civil and polite except when I get really angry, which is rare?>>

You may not have been here long to know about ghu. Despite his age, his great talent is to be mean and [more]

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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 1093
Recs Received 1855
People who have rec'd these posts 446
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Threads Started 114
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Most Frequent Board Berkshire Hathaway
Very First Post Re: Thinking Like Warren Buffett (2/3/2005)
Percentage of Posts Rec'd 55.99 %
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