From: petal | 1/15/2021 3:28:03 PM | | | | Just dropping in for some help. Looking for info on Buff did after closing the partnership? In Lowenstein's book on W.B., he says that he did some option trades and the like, way riskier stuff than he would ever do when stewarding other ppl's money. Can't find any info on GOOG though... Anyone know? Please, enlighten me!
Kisses, petal |
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To: petal who wrote (4658) | 3/11/2021 5:55:52 PM | From: JohnCC | | | I'm not too sure, but if I believe he bought some small stocks for his own portfolio and speculated with commodity futures. If I remember correctly he did this to get money to pay for his own private expenses as he didn't want to take any money from Berkshire. Hope I helped you
John |
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To: JohnCC who wrote (4659) | 3/11/2021 6:01:15 PM | From: petal | | | Thanks! Yes, sounds familiar. Interesting that he was less risk averse with own money than that of others; I’m same way: will take as good sign :’)
Greetings, petal |
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From: Harshu Vyas | 5/4/2021 11:04:30 AM | | | | Question regarding Berkshire Annual Meeting:
Does anyone know about the "intelligent person" Charlie Munger was referring too in the Berkshire Annual Meeting about inflation?
,Many thanks in advance, Harsh |
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From: Paul Senior | 6/28/2022 5:29:51 PM | | | | Anybody here adding at these levels? Stock maybe again in Berkshire buying range. Otoh, I guess an investor negative might be that expected "earnings" will be down or a loss in upcoming q report because the overall market is down and BRK must mark-to-mark its holdings.
I'll go for a bit more at current price. |
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From: Glenn Petersen | 9/26/2022 9:04:56 AM | | | | New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows
Published Sun, Sep 25 20221:17 PM EDT Updated 2 Hours Ago Jack Stebbins @jackstebbs
Key Points
- The UNC Tax Center used 2021 financials to predict the effect of the Inflation Reduction Act's minimum corporate tax.
- The 15% minimum tax would impact around 78 companies, with Berkshire Hathaway and Amazon paying the most.
- President Joe Biden signed the tax into law, along with the rest of the Inflation Reduction Act, in August.
Researchers applied the Inflation Reduction Act's new 15% corporate minimum tax onto 2021 company earnings and found that the burden would only be felt by about 78 companies, with Berkshire Hathaway and Amazon paying up the most.
The study from the University of North Carolina Tax Center used past securities filings to map the tax, which goes into effect in January, onto companies' 2021 earnings.
The researchers found that the 15% minimum would have taken a total of $31.8 billion from 78 firms in 2021. Berkshire led the estimated payout with $8.33 billion, and Amazon follows behind with $2.77 billion owed based on its 2021 earnings.
The study notes the limitations of looking solely at public company data within a single year. The researchers recognized that these estimates may be subject to change, especially as company operations change under the tax in 2023.
President Joe Biden signed the minimum book tax into law, along with the rest of the Inflation Reduction Act, in August. The tax is specifically meant to target companies earning more than $1 billion per year.
The Joint Committee on Taxation had previously estimated that it would affect around 150 firms, with the costs falling specifically on the manufacturing industry. The bipartisan JCT also predicted $34 billion in revenue in the first year of the tax, slightly more than the theoretical 2021 revenue estimated at UNC.
According to the study, the next-highest taxes would be paid by Ford, AT&T, eBay and Moderna, all of which would owe more than $1.2 billion in payments based on their 2021 financials.
cnbc.com |
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From: Iron Mick | 1/2/2023 12:20:19 PM | | | | Hi,
Does anyone by chance have the old spreadsheet Dr. Burry had created & posted on Valuestocks.net back in the late 90's?
Have searched high & low, but no luck.
Appreciate anyone's help if they still have it and are willing to share. Thank you!
Mick |
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To: Sr K who wrote (4662) | 1/29/2023 2:19:06 PM | From: Vic J | | | Markets have always been about gambling so I disagree with Mr. Buffet. Maybe things are a little more active given that more people participate in the markets now than before. |
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