Msg. 26109 of 62138 (This msg. is a reply to
26043 by
capt_nemo)
Jump:
Let me see . . . $25 Billion divided by $173 Billion . . .
Holy Cow. Buffet lost 14% of Berkshire's value?
I told ys's the 'oracle of omaha' was senile. I knew it
when he endorsed barak obozo for the White House.
Used to be Heinz was a very good company to own. I had
intended to keep it for the rest of my life. They had a
solid history of increasing the dividend. Then the turd
bought Heinz out from under me.
I made a LOT of money on Heinz. Suggesting buffet paid
tooo much for it. Considering that Heinz is now 'Kraft Heinz'
and cut the dividend and is in various problems . . .
Obviously Buffet screwed up.
- - - - - The above is a reply to the following message:
Berkshire Letter Highlights: Shocking $25BN Loss; Buffet Bashes "Deficit Doomsayers", Emerges As Closet "Austrian"
By: capt_nemo in
POPE 5 Sun, 24 Feb 19 2:01 AM
From Berkshire's shocking $25BN Q4 loss, to the wild fluctuations in the company's $173BN portfolio, to Buffett's optimism about the US, his emergence as an "Austrian" MMTer, here are the highlights from Buffett's latest annual letter.
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