carl777’s Activity

Thu Nov 13

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 12:28 PM

Re: Buying Duracell for $4.7B

"On the face of it here is how it looks to me."

One more potential benefit. P&G stock is trading at an all-time high and a pretty hefty P/E. Assuming the deal has no collars requiring BRK to add some cash if the P&G stock [more]

Mon Nov 10

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 11:27 AM

Re: Q3 and how it fits into the trend

"There were no major acquisitions for the past 12 months, and yet operating earnings grew 29%.

Can you explain?"

Sure. For simplicity, assume the acquisition closes at the end of a quarter.When an acquisition closes, it [more]

Sun Nov 9

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 6:06 PM

Re: Q3 and how it fits into the trend

"Does the phenomenal earnings growth need to be discounted due to the extraordinary times we are seeing right now?
Isn't it similar to the arguments about the S&P500 being overvalued due to the high margins of corporations compared to [more]

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 11:20 AM

Re: Q3 and how it fits into the trend

"Using my heavily adjusted numbers, the rate in pretax earnings growth on non-investments
in the last last 6-or-so years is 19.4%/year, three times the 2007 level."

This has been a terrific contributor and as you said, the subs [more]

Sat Nov 8

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 12:03 PM

Re: Q3 Results Out

"My first impression was that the book growth was a bit on the lower side especially since operating earnings were fine. Any quick summary for the discrepancy?"

Earnings plus Other Comprehensive Income, equaling total Comprehensive [more]

Thu Oct 16

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 11:23 AM

Re: OT: Business Development Companies

"That said, I have some ARCC and am looking to add before much longer; as long as it doesn't look like impending recession is the USA. If so, look out."

I certainly realize the price of the asset can drop a lot during a recession [more]

Wed Oct 15

NL

Boards Post

carl777 posted to the Berkshire Hathaway board. 5:19 PM

OT: Business Development Companies

Earlier this year I completed rearranging my equity portfolio to what I will be comfortable with through a big (much more than current) downturn or recession, with a chunk of cash prepared to buy more equities at a good time, so this move is not [more]

Thu Sep 25

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 6:00 PM

Re: OT: floating rate bond funds

Nice primer.
But be careful not to be misled by the fact that Floating Rate fund returns outperformed during the periods of rising interest rates analyzed. None of those periods started from the zero Fed funds rate we are at today. The lag in [more]

Wed Sep 24

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 9:23 PM

Re: OT: floating rate bond funds

"Forgot to mention, I am also attracted to these because the primary risk seems to be default, not interest rate risk. That is, as long as the company does not go bust, the bond or bond fund won't go down in price just because interest rates [more]

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 5:37 PM

Re: Wintergreen dumps Berkshire?

"The thing that was strange is that he divests BRK because of their no-vote on Ko comp, yet he keeps KO in his portfolio... His logic is that Berkshir/Buffett is not trust-worthy because it did not vote against it, yet he keeps ko the company [more]

Tue Sep 23

NL

Boards Post

carl777 replied to the Berkshire Hathaway board. 5:09 PM

Re: OT: The Ponzi Economy

Spot on Goofy:"Hussman remains in "defensive mode....I am automatically suspicious of people who do that. Then again, perhaps he's right. "

Maybe,maybe not. The problem with lists of data/reasons like these, which the [more]

Sun Aug 3

NL

Boards Post

carl777 posted to the Berkshire Hathaway board. 2:27 PM

Fun2Q Numbers

As one of the current trite phrases goes, results were essentially "All Good". I did not find anything in the discussion worth highlighting, so I thought I would hit on a few fun and, to me, interesting numbers.

1.Other People's [more]

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 75071
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 carl777’s CAPS page

Boards Stats & Trivia

One star, 50 posts Old School Fool
Board Posts 205
Recs Received 935
People who have rec'd these posts 317
Recs to Posts Ratio (last 30 days) N/A
Threads Started 40
Threads Started Percentage 19.51 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: sheesh (6/29/1999)
Percentage of Posts Rec'd 80.00 %
Show carl777’s 10 Latest Posts