Invest your own money, let compound effect be your leverage, and avoid debt like the plague.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 1
Just playing around with numbers atm as it's been a dog so far. Entered on the basis of projected cashflows and "superinvestor" activity.
I think when I purchased it I was looking at steady rate cashflows pushing upto 7-8bn in 2027 - 28, and at the time it seemed good value based on this. However, analyst estimates seem to be more in the 4-5bn range. Therefore we could be looking at trading sideways for 3 years which is not good and would probably be worth exiting at an attractive point IMO to reinvest elsewhere.
Thoughts?
No. of Recommendations: 18
Thoughts?
Oil prices go up and down. Oxy will be a gusher of boring cash when prices are high, and just tick along when prices are low--even more boring. It's the nature of the beast. I think investors should be prepared for very long flat stretches, even if the long run average return is quite acceptable.
Jim
No. of Recommendations: 0
So Buffets investment thesis is more share buybacks and increased eps over the long term? "Own a bigger portion of the pie"
Do you think they will get multiple expansion on this strategy or that'll remain static?
No. of Recommendations: 1
“ So Buffets investment thesis is more share buybacks and increased eps over the long term? "Own a bigger portion of the pie". In Brkville it’s never acceptable to say, oxy was a terrible idea. Therefore, I won’t say it.
No. of Recommendations: 4
If oil averages c75$ BOE i think they'll get to 7-8$bn of FCF. Research suggests each 5$ increase in value adds $1bn to the bottom line.
