Post #9854 by Dagdom on the Berkshire Hathaway board

If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

Unthreaded | Threaded | Whole Thread (45)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 3

Just to offer my perspective, I think another way to try to understand the coke investment and its favored status at Berkshire is to look at what is funding it - float.

Munger once said something along the lines of “buying stock x as a private investor is not the same as buying it financed by zero per cent cost float”.

I take that to mean some combination of lower hurdle rates and less appetite for broader distribution of possible outcomes even if central expectation is higher.

If the insurance business wasn’t so over capitalized that same money would probably be invested in bonds.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (45)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.