texirish’s Activity

Fri Jan 12

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 11:08 AM

Re: OT: gigacaps

...who's standing on the hatch of an armoured amphibious sub?

When you put it that way, I agree with TMFMurph. I thought he laid out the reasoning very well. May not be the top performer going forward, but one sleeps [more]

Thu Jan 4

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 11:47 AM

Re: It's official. Buffett Wins Bet

Very good post Jim. Thanks.

You summarized the value investment process:

A few of observations:

* We seem to be in an era that the marginal buyer of a US stock is decidedly not interested in its valuation level. Not ETF
[more]

Wed Dec 27

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 8:23 PM

Re: Biometric ID data theft?

People trade their most valuable information for a pittance (or less). Leaks of consolidations of this "big data" may one day make the recent credit bureau leaks look tiny in comparison. Compromising of this data by a foreign government [more]

Tue Dec 26

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 12:10 PM

Re: America, Your Gift Is Still En Route

Blockchain technology isn't all about just currency.

I found this Seeking Alpha article about technology that Bank of America is developing to track every financial transaction of customers, and their interactions with others, to be [more]

Mon Dec 18

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 9:19 PM

Re: OT: US taxes, US markets

Do companies that have half their expenses in oil (say, plastics producers), with net margins of 10%, all of a sudden have net margins of 25%? In other words, they all keep prices steady, despite drastically lower input costs, and the cost [more]

NL

Boards Post

texirish posted to the Berkshire Hathaway board. 1:31 PM

2018 Reported Earnings Question

Do I recall correctly that 2018 (and forward) earnings will be reported on a "comprehensive income" basis because of new accounting regulations? That is, changes in the investment portfolio market values will become part of quarterly [more]

Sat Dec 16

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 6:59 PM

Re: Taxes - Joint Explanatory Statement

hanks teacher, when is the written test on the content? }};-D

Next election.

NL

Boards Post

texirish posted to the Macro Economic Trends and Risks board. 5:38 PM

Taxes - Joint Explanatory Statement

Here's all 500+ pages of the details.

http://docs.house.gov/billsthisweek/20171218/Joint%20Explana...

Starts where they started and [more]

Fri Dec 15

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 9:20 PM

Re: Tax Bill: higher CG rates?

I believe FIFO was dropped in the last agreement between House and Senate

Wed Dec 13

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 6:05 PM

Re: Is Berkshire really safe?

...Berkshire business would be toast if there was a big underwriting mistake.

It is my understanding that underwriting liabilities are always capped so that none of them could make Berkshire "toast."

Anyone know [more]

Tue Dec 12

NL

Boards Post

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

Re: Is Berkshire really safe?

Berkshire had a terrible performance around 2000 when they acquired GenRe which happened to have extraordinarily mispriced risks, some of which became apparent almost immediately and others roared after 9/11. even GEICO had a crappy year or two [more]

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 2:52 PM

Re: BuffettCoin

Buffett bought his initial stake in Berkshire Hathaway in December 1962 for $7.60.

Today, the stock is on the cusp of $300,000 per share ($299,000).


Around the turn of this century, when the annual meetings were much smaller, [more]

Mon Dec 11

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 6:48 PM

Re: Is Berkshire really safe?

Investors should worry about the *business risks* of their investments and use diversification as
remedies for uncertainty, lack of knowledge, tail risk, etc. However, if the primary worry is not
being able to sell at the right price
[more]

Sun Dec 10

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 12:20 PM

Re: NK targets:DC, NYC, Seattle, Silicon Valley?

A truly "cold war"

My older first cousin (we were raised together as brothers) was a member of this National Guard company that was in the middle of the early years of the Korean war.


The 138th Pontoon [more]

Thu Dec 7

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 12:12 PM

Re: Bloomberg on Likely Successor

This comment is new information:

Even so, Jain has been facing some health challenges that could eventually make working more difficult, according to people who’ve recently spent time with him.

Does anyone have any insights [more]

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 11:00 AM

Re: Biofuels galore

Along India's countryside roads, one can see tens of thousands of cow and buffalo manure patties drying in the sun on their way to being used as fuel.

One of the contributors to the "brown cloud" that periodically covers [more]

Wed Dec 6

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 5:59 PM

Re: Tax Cut Bill Exuberance is Over

This conservative (mind you, I can't stand to call myself Republican anymore)....

After 60+years of voting, I join you. I've tried to think of one word to describe this administration. Best I can come up with is [more]

Mon Nov 27

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 4:07 PM

Re: Less-OT: Berkshire and Future Vehicles

I have an odd question.

Are current self driving vehicles capable of determining if there is a police car behind them trying to pull the vehicle over?


Good one. I have another.

How will self driving cars be protected [more]

Sat Nov 25

NL

Boards Post

texirish posted to the Berkshire Hathaway board. 11:42 AM

Tesla Battery Claims

Just saw this on Bloomberg. Apologies if it's old news:

[more]

Wed Nov 22

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 5:04 PM

Re: OT: Jim Chanos on Tesla

How about you stop dismissing problems that actually exist because you do not understand them.

That deserves an extra rec - wish I could.

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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 1352
Recs Received 7500
People who have rec'd these posts 1186
Recs to Posts Ratio (last 30 days) N/A
Threads Started 160
Threads Started Percentage 11.83 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: Another yellow BRK'er refugee (2/13/1998)
Percentage of Posts Rec'd 83.80 %
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