By ryansch, May 6, 2014

Hello Travis, Others,
Any recent thoughts on BRK.B, Markel, or your other (Re)Insurers?

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4 Comments on " Berkshire"

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Travis Johnson, Stock Gumshoe
Not a lot of detailed thinking recently, but the basics are: Markel is about as expensive as it’s been since the crisis, I still think it’s worth more but investors have historically not been willing to give it the valuation I think it deserves, so it’s not necessarily an easy buy now at more than 1.3X book. I’m holding here. Berkshire is worth buying anytime if you want basic market performance with less upside in bull markets and less downside in bear markets. It’s a no-brainer buy at anything less than 1.25X book value, but it’s well over that now.… Read more »
Regarding Berkshire, we must understand that the remarkable boom in railway shipments of Bakken light, very dangerous, crude oil & Canadian oil sands oil by rail has flooded BRK/Burlington Northern S.F. RR with enormous wealth. This Obama/Buffett contrived, politically engineered scheme is meta-stable; due for some huge train wreck event that burns up downtown Chicago or some other hapless city bigger than Lac Megantic, Quebec. From Edmonton/Calgary to the USA Gulf, there is a great risk of this strategy coming off the rails. Some Berkshire stock holdings are doing quite well, like Buffett’s continued new investments of $2.2 Billion in… Read more »
Having owned BRK.B for some time, the track record is the real story here, (pun intended for train buffs). Frankly, if you really want to read about BRK.B and study it, read their stockholders report and then move on to the New York Times article today on “Trust” and the Buffett management team. Refreshing for some of us who feel that many businesses are micromanaged. It is hard to believe Berkshire is publicly traded and still functions without the control systems in place with most large organizations. Buffett believe in his system, and the employees and management. So far, only… Read more »

Motley fool is touting BRK.B as best buy this month.