Posts Tagged: berkshire hathaway

 

Buffett is going into the battery business.

Berkshire Hathaway, the company run by billionaire investor Warren Buffett, has agreed to buy the Duracell battery business from Procter & Gamble.

Mr Buffett said:

I have always been impressed by Duracell, as a consumer and as a long-term investor in P&G and Gillette.

Life’s Unanswered Questions

01 November 2014 - 15:31 pm
 

Help me out here…

Why do you check your stocks twice a day but your cholesterol twice a decade? The former is killing your emotions and the latter is killing you.

Why do companies still provide paper receipts? My grandma discovered email 15 years ago.

Why do companies limit the number of sick days employees can take? If you can’t trust me when I say I have bronchitis, you shouldn’t trust me to be your employee.

Why is 2008′s 35% market crash so memorable, but 2013′s 33% rally so forgettable?Answer this and you’ll be a better investor.

Why is it so much easier to fool yourself than other people? It is amazing to watch smart investors convince themselves of something that clearly isn’t true. >> Read More

Warren Buffett is Right to Hate Gold

24 September 2014 - 21:18 pm
 

I really liked this piece by Matt DiLallo on why gold is so hated by Warren Buffett.  He provides the juicy details, but I’ll give you the quick and dirty rundown:

  • Gold is an unproductive asset.
  • Gold is valuable largely because people believe it’s valuable.

It’s not that Buffett is an ideologue or just on some anti gold rampage.  I think there are some logical and great lessons to be learned here:

  1. We build wealth by increasing our own production.  That is, we become more valuable to others within society when we do things that they find valuable.  This is why society rewards great innovators and people who tend to work hard.
  2. Betting on commodities like gold is often a bearish bet against human productivity and innovation.   When you buy a block of gold you are essentially buying an insurance asset whose value will increase if the value of dollars collapses or falls.  In other words, you are betting directly against the ability of US workers to produce and maintain the value of the dollar.
  3. Betting on gold is largely a bet on faith.  That is, you are betting on the idea that someone else will believe gold is more valuable in the future.  Although gold is valuable to some degree as a commodity there is also a substantial portion of the population who wants to own gold because it is viewed as money or protection against paper money.  I’ve referred to this in the past as a “faith put”, a premium in the price that inflates its value due to sheer faith.

>> Read More

 

BRK-CROSSES 2 LAC

mkt-capAbove is Daily Chart  of BRK 

Founded by Mr Buffett in the 1960s, Berkshire has amassed more than 70 businesses since as the well-known investor uses the cash generated by his insurance businesses to buy other companies as well as invest in equities.

Despite the company’s acquisitive nature, Standard & Poor’s lifted its outlook on Berkshire earlier this summer to ‘stable’ from ‘negative’ as it affirmed the company’s ‘AA’ rating.

The company’s A shares, which carry the vast majority of Berkshire’s voting rights, have advanced 12 per cent this year, outpacing the broader S&P 500.

Berkshire’s B shares, which were launched in 1996, also reached a record high on Thursday, rising 0.7 per cent to $133.98.

Legacy of Benjamin Graham- Video

23 July 2014 - 12:09 pm
 

Last week I stumbled across this excellent video about Graham which includes old clips from his investment classes as well as some of his former students (including Warren Buffett, Rob Brandes and Irving Kahn) giving interviews about the effect the legendary investor had on them:

 

There’s no doubt that Warren Buffett is ridiculously rich but if you made a few pips on the USD/JPY dip today and you’re feeling flush, then take a quick look at this tool that shows how much of a drop in the bucket your salary is compared to the $13.5 billion Uncle Warren made last year.

And if you’re admiring Messi’s magnificence today note that it took Buffett less than two days to earn Messi’s $64m paycheck last year.

 

TREND-0608

“Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a bundle in the South Sea Bubble, explaining later, ‘I can calculate the movement of the stars, but not the madness of men.’ If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases.”  Warren Buffett

ENJOYEDBLAST

What Happened Yesterday to PETRONET LNG -Yes our Target of 185-190 is intact

What Happened to ARVIND Mills ?Our Subscribers holding and added more…Big Big move on card.

We Love Godrej Industries—Target told u  370+ very soon.

We Love Jain Irrigation–Big News on card !

TODAY-JUST WATCH

tc18

Hot-02-june

Grab :June Future for Short Term Quick Gains ,But We Like July Future !

Sell this Stock on Budget Day & Remember us (Don’t ask anything )

Today ,Just Watch 381.75 level.

Yes ,Once crosses with volumes…………….Grab it and Just RELAX upto 2:30 pm

Intraday sharp Rally upto 395————–398 on card.

LION HEART TRADERS-Yes ,Rising Wedge +Big Boys had Met Mr.AJ at Delhi

Today or Tomorrow ???????We Don’t know it may kiss 410-415+ level.

FII-FLOW

Who is Coming out with this Report ?

LAND BANK 7000cr (delhi plot)+2000cr (Mumbai Chennai properties)+neotel 4000cr =13000cr

At rs 380 mcap 11000cr !!! core business fy14 of  20000cr free !!!

Our Short Term Target is 415 to 445+ level (Yes ,Buy 400 ,410 June Call .Buy 450 July Call if u get !

Many More things will be out ,But TRADERS can see Rocket like move in next few hrs

RELIANCE INDUSTRIES

Today AGM & ………………….Yesterday Insiders Bought heavily !!

Today ,Watch 1105 level very closely.Decisively Crossover with volumes and sustains for 15-20 minutes 

Will create allround Buying and stock can zoom to kiss 1119—–1124 level.

Watch price on Budget Day ,For next 5 years invest in this stock (Don’t use brain )

JUST-DIAL

We see BLAST BLAST upto 1407——————————–1414 level !

Once crosses these levels ,We see Nonstop Rally upto 1450-1460 level in hrs only.

Watch Double Bottom ,Single day big spike will happen !

More Stocks ,More News to our Subscribers.

Updated at 8:49/18th June/Baroda

30 Quotes For Traders/Investors

29 May 2014 - 11:34 am
 

“Wall Street people learn nothing and forget everything.”  Ben Grahameyes-MIRC

“ Buy on the cannons, sell on the trumpets.” Old French Proverb

“A stock broker is one who invests other people’s money until its all gone.”  Woody Allen

“It is fortunate for Wall Street as an institution that a small minority of people can trade successfully and that many others think they can.” Ben Graham >> Read More

 

 

 

If you invest in the stock market you’re almost 100% certain to have heard of Warren Buffett. Indeed, you’ve probably read books about him, or you might have read his annual shareholder letter, or even been to the spectacle that is the Berkshire Hathaway annual shareholders meeting.

Now’s your chance to watch an interesting documentary that offers an intimate look at the life of Warren Buffett. The documentary offers an eye opening view of how he runs the company (complete with a tour of his office), the annual shareholders meeting of Berkshire Hathaway, and a peak at his many eccentricities.

Of course the film also reviews how he made his money, how he operates, how he came to operate in the way he does, and how he thinks about his wealth which is in the tens of billions of dollars.

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Technically Yours,
Team ASR,
Baroda, India.