Monthly Archive: November 2019

I am quoted in The Dallas Morning News: “Warren Buffett bet big on the big four airlines — and so far it is paying off” “Buffett said the airline labor problems from previous years...

I am quoted in a Bloomberg article: “Buffett Outbid by Private Equity in Berkshire’s Deal Hunt” “He’s just not going to throw the money out and earn a rate of return below what his...

I am quoted in a Bloomberg article “Berkshire Takes on Short Sellers With Bet on Furniture Retail” “They have a certain limited circle of competence and within that circle of competence is furniture stores,”...

In an SEC Form 13-F filing after the market closed today, Berkshire Hathaway revealed 2 major additions to its portfolio during the third quarter. Berkshire made an initial purchase of (1) 7.5 million shares...

This is my favorite Warren Buffett quote: “Success in investing doesn’t correlate with IQ once you’re above the level of 120.  What you need is the temperament to control the urges that get other...

I am quoted in this University of Maryland (Smith Brain Trust) article: PART OF THE ALLURE IS ABOUT FEAR Nov 11, 2019 Finance SMITH BRAIN TRUST – Ancient rulers loved it. Modern investors have, at times,...

At Berkshire Hathaway’s closing price on Friday, November 1 of $323,400, and its book value of $243,484 at the end of the third quarter, its price to book value ratio = 1.33, which is...

Berkshire Hathaway released its 2019 third quarter report this morning.  The highlights are: (1) Berkshire’s operating earnings were up 14.2% in third quarter. (2) Berkshire’s cash rose to $128 billion at end of third quarter from...