No. of Recommendations: 25
Sometimes folks on this board talk about OXY, BAC and other stocks that Warren Buffett has bought I thought it interesting that none care much at all about the other holdings, at least that is my perception.
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I think for the most part, people are more interested in talking about the holdings that have large impact overall. Basically those holdings over $5 or $10B. The smaller ones have very little impact individually.
They do still have potential as interesting investments for the rest of us, and at the very least there might be something to learn in terms of why they might have been selected.
In fact just last week I was thinking it would be useful for someone to start a series of threads, one for each ticker, to which folks might contribute insights. Berkshire holding of the week perhaps. Why was it bought, and does that thesis still hold? What's the outlook? Was it a good pick? (separate from whether the stock price has done well) How is the valuation now?
I remember the long and interesting discussion on the old board about the reason that BNSF was purchased. It wasn't an obviously cheap or rapidly growing pick, but merely by starting with the assumption that Mr Buffett saw great value there (and that he's usually right), many of us learned of new ways of thinking about investment selection.
Jim
