michaelservet’s Activity

Tue Mar 3

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Boards Post

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

Re: NY Times on a successful conglomerate

re: compensation programs

Below is a link to an earlier post regarding a disclosed Berkshire bonus plan. The plan was drafted by Buffett personally and was disclosed in the 1982 10K.

This was an insurance operations bonus scheme [more]

Sun Mar 1

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michaelservet posted to the Berkshire Hathaway board. 10:35 PM

Berkshire's 1964 cash flow

As we have seen, Buffett has included a copy of the complete 1964 annual report in this year’s report. While this was the year before Buffett took control, he was at the time still a substantial shareholder, and he apparently did see enough in those [more]

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

Re: Why Deere?

....When he looks out at that audience of 30,000 or 40,000, as much as he loves us, we all know he would have been far wealthier if he had avoided sharing his success with us.
.........

The 2014 letter clarifies this point - his
[more]

Thu Feb 26

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michaelservet replied to the Berkshire Hathaway board. 11:42 AM

Re: Why Deere?

One of his biggest mistakes, buying a textile mill, Berkshire-Hathaway. He recovered brilliantly from this mistake, however.

++++++++++++++++++++++++++++++++++++++++++++

When Buffett first brought this up, and it was then [more]

Mon Feb 23

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michaelservet replied to the Berkshire Hathaway board. 11:33 AM

Re: IBM, What's To Like

This IBM thread has been a perennial since Buffett took the position a few years ago. Here are some notes I posted in an earlier iteration a couple of years ago; they may still have some relevance:
----

Before we go further, let’s [more]

Sat Jan 31

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michaelservet replied to the Berkshire Hathaway board. 8:06 AM

Re: OT: Idea

Your state income taxes will be driven mainly by where you operate, not where you incorporate.

This is the case with C-corps, however with taxable-income pass-through entities like S-corps the more precise answer may be 'it depends'. [more]

Fri Jan 30

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michaelservet replied to the Berkshire Hathaway board. 4:06 AM

Re: OT: Idea

Adding to some of the earlier comments:

Ask your accountant or attorney about company legal structure. The thinking these days is to go with an LLC, but for some an S-Corp may also be a good choice. There are subtle differences including [more]

Mon Dec 15

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michaelservet replied to the Berkshire Hathaway board. 6:38 PM

Re: Stanford VIDEO: “Berkshire Beyond Buffett

Great video. It appears these sessions related to the Cunningham book launch have been even improving as they go along, with tighter moderation.

A bit of a side trip:

About 12 minutes in, See’s Brad Kinstler mentioned that he and [more]

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Big red star, 1000 posts Feste Award Nominee!
Board Posts 1889
Recs Received 7447
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Recs to Posts Ratio (last 30 days) N/A
Threads Started 121
Threads Started Percentage 6.41 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: How bad are the Dems, really? (4/18/2008)
Percentage of Posts Rec'd 68.24 %
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