Post New

" Summary
Warren Buffett will step down as CEO of Berkshire Hathaway at the end of the year, continuing as Board Chair and coming to his office every day.
Buffett has prepared well for his departure, has a successor well vetted, and good portfolio actions, leaving Berkshire well positioned to avoid trouble with a market downturn.
Berkshire's core businesses should continue to do well with low risk, but the real question is whether Berkshire can still be "great" without Buffett. In one area it probably cannot.
Buffett is an investment giant, able to make huge decisions to buy or sell no one else could make. He attributes Berkshire's success to just eight or nine lifetime decisions.
The looming question of what to do with $350 billion in cash would probably best be served by huge buybacks at a price accretive to shareholder value."

Sloan,


https://seekingalpha.com/article/4800881-berkshire...

This is Sloan,

https://seekingalpha.com/article/4800499-can-berks...

Berkshire will still be a good company after Buffett departs, but it will not be as good as it is with Buffett at the helm. Nobody is as skilled as Buffett at growing BV per share, and nobody commands the trust and confidence that Buffett does. Thankfully his children will have a lot of say in how Berkshire is run, at least until they finish distributing the trust assets.

Seeing a lot of clickbait articles about the "Buffett premium disappearing". It's the usual short-term thinking - trying to explain why the stock is down over less than 3 months. Meh, Mr. Market is excited about shiny things again.

WEB leaving should have long since been priced in.

Berkshire's stock price got ahead of itself. This shall pass and we can go back to lamenting about why it's so cheap and how the market doesn't understand Berkshire.

WEB leaving should have long since been priced in.

Like any other event with an increasing probability, it should have been "priced in" increasingly over time, and then priced in 100%, or perhaps with an overshoot, when the event occurs. And surely it has, at least if you consider the markets to be [mostly] rational, or at least something that always returns to rationality over time - weighing/voting etc.

I am coming around to the idea that Berkshire both the business and the stock will do better than folks currently think now. The stock simply got too expensive which coincided with him announcing that he was going to step down, pure coincidence IMO. The stock price is coming back down and one good whack from here can get it down into repurchase land.

I'm looking forward to 445/share

Post New

Berkshire Hathaway FAQ

---

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