Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (3) |
Post New
Author: Philmordun   😊 😞
Number: of 15064 
Subject: BHE Question
Date: 02/25/2024 1:50 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
At P. 14 of his Annual Letter while discussing Berkshire Hathaway Energy, Warren says "I did not anticipate ... the adverse development in regulatory returns and, along with Berkshire's two partners at BHE, I made a costly mistake in not doing so."

Who are "Berkshire's two [unnamed] partners at BHE?"

Thanks in advance,

Philmordun
Print the post


Author: nola622 ✶  😊 😞
Number: of 15064 
Subject: Re: BHE Question
Date: 02/25/2024 1:55 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 5
At P. 14 of his Annual Letter while discussing Berkshire Hathaway Energy, Warren says "I did not anticipate ... the adverse development in regulatory returns and, along with Berkshire's two partners at BHE, I made a costly mistake in not doing so."

Who are "Berkshire's two [unnamed] partners at BHE?"

Thanks in advance,

Philmordun


I think he was referring to the two partners Berkshire had at the time of the decision making in question, which were Greg Abel and Walter Scott (currently the estate of Walter Scott). Greg Abel sold his shares back to BHE for cash and is no longer a partner. The estate of Walter Scott is currently the only other owner of BHE besides Berkshire.
Print the post


Author: nola622 ✶  😊 😞
Number: of 15064 
Subject: Re: BHE Question
Date: 02/25/2024 1:58 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 4
Here is a link that discusses Walter Scott's heirs / philanthropy / convertibility of the BHE shares tax-free into Berkshire Hathaway common shares.
https://www.fa-mag.com/news/family-of-late-berkshi...
Print the post


Post New
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds