texirish’s Activity

Mon Oct 15

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 8:48 PM

Re: Buyback Question

A friend recently pointed out to me that BRK is probably in the "quiet period" before earnings release. I wasn't familiar with the term, so wondered why this was significant. With the help of Google I found this:

Under SEC [more]

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 6:22 PM

Re: BRK and GE

chompin,

If the Fool permitted, I would have given your post my daily supply of recommendations. Well done on GE.

I also dimly recall that some of Welch's star pupils went to other companies and screwed them up. Home Depot comes [more]

Sun Oct 14

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 1:52 PM

Re: Motif Investing

There must be a better board for this topic than the Berkshire Hathaway board.

What does this have to do with BRK?

Tue Oct 2

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 6:51 PM

Re: Apple & Tesla

Jan,

You're a long time member of this board and have made many friends here. I count myself among them. So this is painful to say.

You are way, way, off base in your comments to Jim.

And you are wrong in your [more]

Mon Oct 1

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 1:57 PM

Re: Why some men don't work...

Re drug testing in white collar jobs, the following is extracted from the ExxonMobil alcohol and drug use policy:

Unannounced periodic or random testing will be conducted when an employee
meets any one of the following conditions: has
[more]

Tue Sep 25

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 8:48 PM

Re: Ethane

How did they make plastics before? It's not as if the petrochemical industry is just three years old. I sold IBM equipment to a petrochemical plant over 50 years ago.

You are absolutely correct. Steam cracking of various [more]

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 1:53 PM

Re: 7 Facts...

“How much does this all end up costing? According to a think tank report by Robert Hiltonsmith,the additional 401(k) fees can cut down the size of your retirement nest egg by 30%.”

I understand this happens, but am puzzled by why [more]

Sun Sep 23

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 2:36 PM

Re: This should pick up Houston's tourism!

has anyone ever said "Too much Bacon"

Tim, one of our local "country home cooking" restaurants is offering chicken fried bacon as an appetizer if you're ever down DFW way.

So, not yet ............. at [more]

Sat Sep 8

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 4:30 PM

Re: 10 Years Later

Jim,

Re the FT article, it is well written, but I didn't find any new information in it - except maybe that the public didn't understand what the government and regulators did, the seriousness of the situation.

Is that the [more]

Mon Sep 3

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 9:35 PM

Re: "dot-com" fracking & next financia

I don't know abut net debt, but here are the total liabilities of some large US non-energy companies:

BRK $350 billion


Gee that initially looked at a scary number, particularly since over half of my net worth is in [more]

Sun Sep 2

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 3:43 PM

Re: Berkshire Valuation, Stock Buybacks

This is not correct.

We know that they bought in August (after the earnings release) and we know the lowest price traded during that period. This provides a lower boundary for Berkshire’s intrinsic value, conservatively
[more]

Sat Sep 1

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 4:53 PM

Re: Berkshire Valuation, Stock Buybacks

So, any thoughts on what method(s) they might use and where the current stock price stands with respect to the intrinsic value?

I'll share my thoughts. I don't claim that they are either complete or correct.

I think [more]

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 11:17 AM

Re: Berkshire Valuation, Stock Buybacks

.... will use a different method to calculate Berkshire's intrinsic value, compared to before,

I believe you misread what was said. There was no change in calculation of IV. The change is in the criteria they use for buyback. [more]

Thu Aug 30

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 8:18 PM

Re: An iPad for a G5!

Buffett is talking about the great usefulness of "iPhones" and "iPads" but I think he means "smartphones" and "tablets".

Nope!! He means iPhones and iPads, which he made clear in the interview. [more]

Wed Aug 29

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 7:46 PM

Re: British & French Scallop War

Another interesting bit, Britain, Germany and US all entered WWII with faulty torpedoes.

And the Japanese had the Long Lance that could have been a major advantage in surface warfare. And it was early in the war. But the Pacific [more]

Sat Aug 25

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 4:13 PM

Re: Inverting

The link points to a potential future scenario for Berkshire in my mind where vulture investors like Mr.Singer use large sums of money to take positions to subsequently force changes leading to short term profit gains for their [more]

Thu Aug 23

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 6:28 PM

Re: Political posts on METAR

I promise to keep my "ignore poster" and "ignore thread" fingers active. So far they have done a good job of keeping me mostly away from political posts. I'll also use the "remove post" on occasion when it is [more]

Tue Aug 21

NL

Boards Post

texirish replied to the Macro Economic Trends and Risks board. 8:39 PM

Re: DOE offers 11 million BOE from SPR

Pure politics. All directed at the November elections.

NL

Boards Post

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

Re: Does Berkshire need an Elon Musk in its rank

What seems to be the lesson here is to wait until the dust settles and invest in the clear winner(s).

Well said Dutch.

But, even with the airlines, I'm not sure these are permanent holdings. I see them lasting as long as [more]

Fri Aug 17

NL

Boards Post

texirish replied to the Berkshire Hathaway board. 10:58 AM

Re: Berkshire's own index fund?

Buybacks even at full fair value would be preferable, in my view.

Agree - for not only the reasons stated, but because they could also be used in a major acquisition. No liquidity problem in such an event, and could offer tax [more]

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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 1455
Recs Received 8118
People who have rec'd these posts 1205
Recs to Posts Ratio (last 30 days) N/A
Threads Started 162
Threads Started Percentage 11.13 %
Most Frequent Board Berkshire Hathaway
Very First Post Re: Another yellow BRK'er refugee (2/13/1998)
Percentage of Posts Rec'd 84.54 %
Show texirish’s 10 Latest Posts