Post #3724 by nola622 on the Berkshire Hathaway board

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

Unthreaded | Threaded | Whole Thread (63)

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

No. of Recommendations: 6

Hi Nola, do you recall what year it was when the SEC wanted brk to mark to market its ibm position, and Buffett was opposed to marking? I believe it was a sec comment letter. Thank you.

I think you are remembering a different equity position, probably Kraft Heinz.

The SEC let Berkshire keep the IBM position confidential while he was buying it (so it was hidden from a few quarters of 13-Fs) but Berkshire always marked the IBM position to market because it was never an equity method level of ownership. I think he peaked at something like 8.5% of IBM. So always marked to market.

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

Print the post

Unthreaded | Threaded | Whole Thread (63)

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.