Berkshire Hathaway Loads Up On Financial Stocks

[abc3]

stock_trad3r is talking out of his arse as usual. Have you checked out his picks before u bash about him not being in Oil.

Buffet is invested in Oil.

He bought 'PTR' big time (chinese oil company) in 2003 . Check the chart and see where it was then and where it is now (7 fold).

 

[stock_trad3r]

Quote from sprstpd:

You are saying Buffet underperforms the market in general?

Recently yes

There is no reason why buffet cant make 25% YTD returns with large caps provided he picks the right stocks. You figure someone as smart as buffet would be able to.

Buffer only invests in stocks he understands but how difficult is it to understnd google's or apple's business model? It isn't rocket science. It is this kind of stubborness on Buffet's part that hurts his returns. By excluding tech you miss on on huge returns. AAPL has a market cap of over 100B. Buffet could have easily put 10B in there months ago since he had the cash.

 

[hdawg87]

Quote from stock_trad3r:

Recently yes

There is no reason why buffet cant make 25% YTD returns with large caps provided he picks the right stocks. You figure someone as smart as buffet would be able to.

Buffer only invests in stocks he understands but how difficult is it to understnd google's or apple's business model? It isn't rocket science. It is this kind of stubborness on Buffet's part that hurts his returns. By excluding tech you miss on on huge returns. AAPL has a market cap of over 100B. Buffet could have easily put 10B in there months ago since he had the cash.

You sir, are an idiot...

That is all.

 

[hdawg87]

Oh, and let me also state for the record that anyone who spells trader with a 3 is a shithead and most likely is still in high school.

 

[stock_trad3r]

Quote from hdawg87:

You sir, are an idiot...

That is all.

But right, no?

Not like buffet didn't have the opportunity to buy 10B of google at 200

The truth is buffet has become irrelevant.

 

[HedgefundTrader2]

Quote from stock_trad3r:

Recently yes

There is no reason why buffet cant make 25% YTD returns with large caps provided he picks the right stocks. You figure someone as smart as buffet would be able to.

Buffer only invests in stocks he understands but how difficult is it to understnd google's or apple's business model? It isn't rocket science. It is this kind of stubborness on Buffet's part that hurts his returns. By excluding tech you miss on on huge returns. AAPL has a market cap of over 100B. Buffet could have easily put 10B in there months ago since he had the cash.

Yeah these people avoid Tech like plague.

They of course these guys go for down and out 50 cents on a dollar companies . CISCO, MSFT, GOOG, AAPL all deliver spectcular results. They maybe over valued but they are making lot more cashflows than Warren Buffets BNI, UPN and others. Those cash flows cannot be ignored entirely.

 

[HedgefundTrader2]

Quote from doublea:

So true........

I was reading an article by Monish Pabrai and he mentioned that if you had bought stocks that Buffet had bought, after the news becomes public (from SEC filings), you could have outperformed the S&P.

Mohnish Pabrai is a Warren Buffet clone. There is nothing original about him. He is replicating Warren Buffet with great pride, copying him, penciling every detail, charging fees like Buffet. I mean is this great ?

I should start cloning Mohnish Pabrai ( joke) and replicate him. I wouldn't be very happy making 20-30% returns every year when I can make 6-10 % returns every month in Options business.

 

[HedgefundTrader2]

Quote from stock_trad3r:

But right, no?

Not like buffet didn't have the opportunity to buy 10B of google at 200

The truth is buffet has become irrelevant.

Warren Buffet could have bought AAPL when It was a 50 stock. Look where its now. Did this genius miss a lot of money in short time ?

 

[HedgefundTrader2]

Quote from sprstpd:

You are saying Buffet underperforms the market in general?

Warren Buffet does well when there is a Bear Market, he does poorly when there is bull market. He avoids Tech sector like a plague.

He missed when GOOG was 200 stock
He missed when AAPL was a 50 stock
He missed when AMZN was a 10 stock
He missed when RIMM was a 40 stock


He has missed lots of boats!

 

[makloda]

Quote from stock_trad3r:

Buffet could have made tons of money investing in OIL

He owns oil companies since many many years (COP + PTR). COP outperformed XOM by 50%, PTR outperformed XOM by 400% over the last 5 years.

I told you that before, but I am not surprised you're not listening.