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Berkshire Hathaway

Analysing companies' finances and value from their financial statements using ratios and formulae
Dod101
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Re: Berkshire Hathaway

#409197

Postby Dod101 » May 4th, 2021, 10:20 am

CliffEdge wrote:Look what happened to GEC after Weinstock. Makes me nervous.


I have not read the Economist's comments on the BH AGM as it is behind a paywall as far as I can see but they do not seem too happy with it at present. As I have said above, I expect it will be broken up one way or another. I made a good deal from GEC after Weinstock was gone. In fact I only bought into it then. Sold most of it before it imploded. I think the difference is that BH appears to have ready made management waiting in the wings, presumably with the same mindset as Buffett.

Dod

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Re: Berkshire Hathaway

#409205

Postby Arborbridge » May 4th, 2021, 11:24 am

CliffEdge wrote:Look what happened to GEC after Weinstock. Makes me nervous.


Maybe take note of what WB said years ago: when I die, that's the time to buy more shares in BH.

I think they have been well prepared for a long time.


Arb.


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