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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: CrankyCharlie   😊 😞
Number: of 15071 
Subject: Buffet paid $407/B share
Date: 04/30/2024 12:22 PM
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You can pay $398/B share today


Annual on Saturday

Seems like a gift
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Author: AdrianC 🐝  😊 😞
Number: of 15071 
Subject: Re: Buffet paid $407/B share
Date: 05/01/2024 10:07 AM
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You can pay $398/B share today

Annual on Saturday

Seems like a gift


Valuation isn't great. Maybe Buffett is embarrassed at still holding over $150 billion in cash??? ;-)
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Author: longtimebrk   😊 😞
Number: of 15071 
Subject: Re: Buffet paid $407/B share
Date: 05/01/2024 10:15 AM
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" Maybe Buffett is embarrassed at still holding over $150 billion in cash??? ;-)"

more like more than $170 billion
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Author: AdrianC 🐝  😊 😞
Number: of 15071 
Subject: Re: Buffet paid $407/B share
Date: 05/01/2024 11:22 AM
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"Maybe Buffett is embarrassed at still holding over $150 billion in cash??? ;-)"

more like more than $170 billion


Yeah, I think so.

I was remembering him saying this:
“There’s no way I can come back here three years from now and tell you that we hold $150 billion or so in cash or more, and we think we’re doing something brilliant by doing it."

It was at the 2017 AM, and $150 billion ain't what it used to be!
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Author: longtimebrk   😊 😞
Number: of 15071 
Subject: Re: Buffet paid $407/B share
Date: 05/01/2024 11:33 AM
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Will be very interesting to see what Warren will say about BHE. Legal and regulatory risk. Times have changed.
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Author: CrankyCharlie   😊 😞
Number: of 15071 
Subject: Re: Buffet paid $407/B share
Date: 05/01/2024 11:56 AM
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This is a guy that refused to pay-up a 1/4 of a point on WMT and missed billions in profits. This is a guy that would not accept a $5 bet, with friends, for closest to the pin on golf par 3.


HYPER discipline. NO WAY $407/B was hasty, careless or just to bring down cash. ZERO CHANCE.
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