Tag Archives: Warren Buffett

Should You Sell Buffett’s Berkshire Hathaway?

By | July 14, 2016

Maybe, but not for the reason Ken Goldberg suggests at TheStreet.com. Goldberg, the subtitle(“Technical analysis makes a case for lightening up on shares of Buffett’s BRK.B stock”) would indicate, is devotee of  divining future stock price movements from the entrails of birds, err, technical analysis. The answer for such a person is a resounding yes- sell Berkshire Hathaway.… Read More »

Biglari Stock Price Decreases While CEO Focuses On New Strategy Of Creeping Out Models

By | December 5, 2015

Fresh off his successful campaign to to take the company from its shareholders using their own funds, Biglari Holdings(BH) CEO Sardar Biglari is spending his time creeping out supermodels. Sexy Brazilian model and actress Alessandra Ambrosio appears in a nude cover photo on the new issue of Maxim — but it is a photo inside that has her… Read More »

Book Review: The Education Of A Value Investor

By | January 25, 2015

There are many books which describe the mechanics of value investing, beginning, of course, with The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials) by Benjamin Graham.  One might wonder what Guy Spier’s new book, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment might… Read More »

Buffett Is Not Buying Heinz- He’s 3G’s Banker

By | February 14, 2013

From the moment the first headlines crossed the wire this morning, the story has been “Berkshire Hathaway(BRKB) Buying Heinz(HNZ)” or “Buffett Buying Heinz”.  That is not at all the case however. 3G Capital, a Brazilian firm known for its investments in Burger King and InBev, is buying Heinz. It will own half the equity and operate the company.… Read More »

Who Did Buffett’s Berkshire Hathaway Buy Back $1.2 Billion In Shares From? Not Gottesman. Our Guess: Albert Ueltshci

By | December 12, 2012

There is rampant speculation this morning after Berkshire Hathaway(BRKA) announced it had repurchased 9200 class A shares from “the estate of a long-time shareholder”.  Many are reporting, irresponsibly, in our opinion, that the stake comes from David Gottesman. This makes no sense to us for two reasons. First, Mr. Gottesman, being very much alive, has no estate. Secondly,… Read More »

BREAKING: David Sokol, Buffett’s Heir Apparent, Resigns From Berkshire

By | March 30, 2011

In an unexpected move, David Sokol, Warren Buffett’s presumed successor as Berkshire Hathaway(BRKB) CEO, has resigned from all of his positions at the company.  Buffett made the announcement in a press release he identifies as “unusual”. Sokol, who apparently has attempted to resign before, resigned by letter two days ago, citing his desire to create “enduring equity value”… Read More »

Biglari Continues To Quack, Wear Duck Costume

By | February 8, 2011

If it looks like a duck and quacks like a duck, it might just be Sardar Biglari playing dress up. In his continuing effort to pretend to be Warren Buffett, Biglari Holdings(BH) announced this morning that its Board Of Directors had approved a 1-15 reverse stock split.  This follows a previous 1-20 reverse split, and will be followed… Read More »

Berkshire Hathaway and Wesco Reach Definitive Merger Agreement

By | February 7, 2011

As reported previously, Berkshire Hathaway(BRK-B,BRK-A) announced its intention on August 25, 2010 to propose to Wesco(WSC) that it purchase the 19.9% of Wesco it did not already own. This morning, at long last, the two companies have announced a definitive merger agreement. Wesco shareholders will be able to elect cash or stock at what seems like a negligible… Read More »

Biglari Holdings Proposes The Creation Of Non-Voting Class B Shares

By | December 29, 2010

Image via Wikipedia In the latest step in his effort to mimic Warren Buffett, Sardar Biglari of Biglari Holdings(BH) has proposed to create a new, non-voting class of shares, which existing class A shares could be converted to at a rate of somewhere between 20 to 1 and 50 to 1. The disclosure came in an otherwise unremarkable… Read More »

Li Lu Will Not Be Coming To Berkshire

By | October 26, 2010

Image via Wikipedia Li Lu, thought by many to be Warren Buffett’s successor as investment manager at Berkshire Hathaway has decided to stay at his own hedge fund, Buffett said. In the wake of today’s surprise announcement that Todd Combs would be joining Berkshire as investment manager,  New York Times’ Andrew Ross Sorkin spoke to Buffett: One person… Read More »