|Day Low/High||183.19 / 185.71|
|52 Wk Low/High||159.50 / 231.61|
UBS lowers its price target of Berkshire Hathaway this morning. The A shares price target goes from $387,500 to $364,500, and the B shares goes from $258 to $243.
No one wants a Kraft Heinz moment.
Cash is a lazy asset, but the genesis of Berkshire's underperformance has been choosing the wrong investments.
That's not to say that KHC won't recover, but that said recovery may be drawn out, and shares could head lower from here.
* Strong operating results seen, adjusted for the accounting (and loss) from marketable securities * More flaws became apparent in the company's investing portfolio - as moats in several large positions have been damaged (most notably Kraft Heinz) *...
Someone at Berkshire needs to step up and produce a mea culpa on Kraft Heinz.
So far there is no bounce in Kraft Heinz which is not a good sign.
Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?
As much as I abhor the firm's prior business practices, I've got to give the numbers their due.
Healthcare is attracting some very healthy competition among mega-cap names.
Reward appears to far outweigh risk from the $46 to $47 price point.
* All views are not equal * Nearly every investment view has a different level of conviction * Four principal factors have changed the predictability of investment outcomes * The only certainty is the lack of certainty "The best lack all conviction,...
Apple has fallen back to Earth in recent months and made an impact on a number of companies in doing so.
I see no reason to buy Apple and get in front of the share price decline unless a material new product offering is delivered.
* Apple's abrupt and sizable preannouncement heralds the end of the company's growth and best days * Apple pushed the envelope of demand elasticity * The miss is a sign that the dangerous path of China/U.S. trade negotiations may lead the U.S. into ...
Here are some lessons/conclusions/concerns from Apple's lower guidance: * Be skeptical of company buybacks -- as I suggested in this afternoon's post. * Don't automatically follow the "whales," even Warren Buffett's Berkshire Hathaway (Berkshire has...
"Yeah, baby, yeah." - Austin Powers By my calculation, Berkshire Hathaway has lost over $19 billion (from the top) in their investment in Apple .
"Look up and not down; look out and not in; look forward and not back, and lend a hand." - Edward Everett Hale Make no mistake about it, the stock market panic and Bear Market of November-December 2018 is serious and profoundly threatens the economi...
Experts suggest ways to put your portfolio into high gear with EV investments.
Many investors will be cheered by Buffett's decision as it indicates he thinks Berkshire Hathaway is undervalued.
Three days ago I purchased and placed 3M on my Best Ideas List at $197.40. The shares are up nicely today at $206.25 and MMM is one of my favorite contrarian longs for 2019. My analysis will be up on the company within the next week. (Remember one o...
There may still be room for a bottom to form, but the long-term thesis is still strong.
I made a small investment in 3M at $197.40 based on its precipitous price drop over the last few months and the value proposition apparent, now coupled with the optionality of one of my 2019 Surprises -- Berkshire Hathaway acquiring MMM.
White House Politics: (When asked what he wanted to give thanks for during a press gaggle Thanksgiving Thursday, Trump responded), "for having a great family and for having made a tremendous difference in this country. I've made a tremendous differe...
Kraft Heinz and DowDuPont spinoff Chemours offer attractive dividends and value potential.
Walmart can't climb despite an earnings beat on Thursday.
As mentioned on Wednesday, despite already sizable holdings, Warren Buffett's Berkshire Hathaway purchased nearly $14 billion of financial services equities in the most recent quarter: * Bank of America (198 million shares, $5.7 billion) * JPMorgan ...
* And puts his imprimatur on the U.S. money center bank stocks "One last thing." -- Lt. Columbo After the close, Berkshire Hathaway announced a new investment position in JPMorgan Chase . Normally I would view this as a non-event but I see this as r...
Insiders buy for only one reason -- to make money.