OT: Stock and Investment Talk

[RU-05]

Didn't get a chance today, but will buy more call contracts tomorrow. BTW, are you/anyone able to buy or sell options contracts after hours? Fidelity says that you can in a brokerage account, but I have never been successful getting an order filled.

Not able to on E-Trade.

Side note: E-Trade recently changed up their charts, and earnings-revenue graph pages and they are super glitchy. I need to look into this.

 

[RU-05]

Also:



Great stuff as usual, but also talk on Berkshire and their cash holdings, which was a discussion here recently.

Something along the lines of Berkshire is at 24% equities which is down from 30ish% but in line with 10 year average

&

Berkshire needs a ton of cash given they need cash to cover insurance claims which is a huge business for them, and there is tons of natural disasters to watch out for. Buffet said something along the lines of "my insurance companies are run by pessimists".

Also said something in his annual letter which echoed what I mentioned the other day, that being, Buffet has made mistakes, which is not surprising in this business. Even I do sometimes.

 

[RU-05]

One more:

GM up 3+% on buy back and div increase.

Needs to get back above $50, but that stock is super super cheap and rolling in cash.

I thought it odd they just closed up shop on their cruise business. I get streamlining, but that seems like a high growth business with market panache. Could they not have sold it? Obvious answer is, No, but I'm still curious.

 

[T2Kplus20]

Also:

View embedded media

Great stuff as usual, but also talk on Berkshire and their cash holdings, which was a discussion here recently.

Something along the lines of Berkshire is at 24% equities which is down from 30ish% but in line with 10 year average

&

Berkshire needs a ton of cash given they need cash to cover insurance claims which is a huge business for them, and there is tons of natural disasters to watch out for. Buffet said something along the lines of "my insurance companies are run by pessimists".

Also said something in his annual letter which echoed what I mentioned the other day, that being, Buffet has made mistakes, which is not surprising in this business. Even I do sometimes.

Haven't watch this one yet. I'll check out the BRK segment tonight.

 

[T2Kplus20]

Two great CEOs.



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[RU-05]

Haven't watch this one yet. I'll check out the BRK segment tonight.

Don't you drive? Listen to it in your car.

 

[T2Kplus20]

Don't you drive? Listen to it in your car.

I do that all the time. And during my daily walks. Just wasn't able to get to it last night. I'm normally able to catch WAYT live or close to live.