tag:blogger.com,1999:blog-4682504039394116318.post4150759586888661625..comments2023-11-03T06:07:46.458-07:00Comments on mortgagespy hideout: The problem with Berkshire, ... isBernard Madoff Onlinehttp://www.blogger.com/profile/12309643975279737386noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4682504039394116318.post-41808625677411554072008-06-12T07:23:00.000-07:002008-06-12T07:23:00.000-07:00Berkshire won't have another warren. There is onl...Berkshire won't have another warren. There is only one old filthy rich cheap dirty bastard...<BR/><BR/>He is the salesmen and while the investment structure can be taught, charisma cannot. His brand is particularly unique and I don't envision someone else being able to pull it off genuinely!Dhttps://www.blogger.com/profile/09501392241484422000noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-54762943575865313002008-06-12T06:38:00.000-07:002008-06-12T06:38:00.000-07:00Let me give you a short story on BRK/B valuation (...Let me give you a short story on BRK/B valuation (no pun intended)<BR/><BR/>Cashlow/Discount + WarrenPrestige<BR/> A B C<BR/><BR/>A will shrink (probably less than others)<BR/><BR/>but the role of <BR/><BR/>B will be greater than others because this is a cash cow, and B is going up.<BR/><BR/>C can only go down. Would you pay the same $C for his underlings or do you believe there may be some value difference?MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-76836972249068958992008-06-11T22:44:00.000-07:002008-06-11T22:44:00.000-07:00An added note on zeros:You are either very right o...An added note on zeros:<BR/><BR/>You are either very right or very wrong on them!Dhttps://www.blogger.com/profile/09501392241484422000noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-67366843190105471042008-06-11T22:43:00.000-07:002008-06-11T22:43:00.000-07:00More like a fixed rate corporate zero! Morphodite...More like a fixed rate corporate zero! Morphodite securityDhttps://www.blogger.com/profile/09501392241484422000noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-73063944219518791362008-06-11T22:10:00.000-07:002008-06-11T22:10:00.000-07:00what about it? He got 3x as much already invested....what about it? He got 3x as much already invested. What would you do, if you are running a real business (and not in the business of hype) going forward? No sir, this is about to get very dicey. I bailed on the last local top around 4450, my gut feeling tells me people will look at this as a fixed rate bond going into a period of increasing rate. Beware.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-67047361330805731492008-06-11T21:29:00.000-07:002008-06-11T21:29:00.000-07:00OK so what about the $45 billion in cash he's alre...OK so what about the $45 billion in cash he's already sitting on. Surely that could be put to some good work? Just playing devils advocate. have owned a piddling 2 shares of Berkshire for years now...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-49079514054148899142008-06-11T16:24:00.000-07:002008-06-11T16:24:00.000-07:00100% confidence says No, it's not enough. Besides ...100% confidence says No, it's not enough. Besides you don't hedge your cashflow without giving up that much yield. Cashflow business is great when cost of cash is zero or near it.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-72491291105317449282008-06-11T13:03:00.000-07:002008-06-11T13:03:00.000-07:00Don't you think Warren will write enough swaps to ...Don't you think Warren will write enough swaps to offset the damage from a rate hike?Anonymousnoreply@blogger.com