Berkshire Hathaway and Cascade Investments have both just disclosed positions in Republic Services Inc (RSG), the second largest waste disposal company in the US. Cascade is the investment vehicle that manages Bill Gates‘ investments exclusively and Berkshire is obviously Buffett‘s holding company. We know they’re good friends, but this is the first time I’ve seen…
Berkshire Hathaway
Breaking: Buffett to Acquire the Rest of Burlington Northern Railroad
It’s not for me to tell you what Warren Buffett must see ahead for transportation, energy and economic activity, you must draw your own inferences. What I will say is that this is Berkshire Hathaway‘s largest-ever purchase so you may want to come up with some kind of thesis to encompass it. From MarketWatch: NEW…
Get To Know The Aleph Blog's John Davidson Saga
I just concluded a marathon session of catch-up reading on several blogs, but one particular post stopped me dead in my tracks. The Aleph Blog’s David Merkel concluded his John Davidson series with a bang this week and if you haven’t been exposed to this fantastic insurance company allegory, I strongly recommend you set aside…
Warren & Becky Sittin' In A Tree…
It’s springtime, so that can only mean one thing…yes, Becky Quick is in position for another Berkshire Hathaway Annual Shareholders Meeting in Omaha. Let the lovefest begin. As sure as the Swallows return to Capistrano each year, Becky and her camera crew will show up for their standing hotel reservation deep in the heart of Buffett…
Mooooooody's Tries to Prove its Not a Joke
This is classic. After years spent gorging itself on fees from slapping paid-for “quadruple A” ratings on junk bond garbage, Moody’s (MCO) has decided now, in the Spring of 2009, to start downgrading stuff. Not only have the horses already bolted the barn, the barn itself has burned down and is a pile of smoldering ashes. Moody’s put…
TMI, Warren Buffett, TMI.
Are you kidding me with this guy? Get off the TV already! Enough! Is it me or has Warren Buffett made more television appearances lately than Ryan Seacrest? Today was a full court press with Warren on CNBC more than Erin Burnett. They asked him like 90 questions, he even sat there while they dissected…
AIG's $60 Billion Loss, Buffett's Mea Culpa
Death is Pretty Final I’m Collecting Vinyl I’m Gonna DJ at the End of the World! – R.E.M. And the Deflation Olympics marches on with a more vicious news cycle this morning than usual. First up, the best-run insurance company on earth, AIG, announces yet another staggering loss for the fourth quarter, this time in…
Hot Links: Berkshire, UBS and the Microsoft Store
Hot Links for Weekend Reading Warren Buffett has had a tough year so far and an especially tough week. The Bespoke Investment Group shows us the ugly year-to-date evidence. Berkshire Hathaway common stock was demolished during a week that saw many of Buffett’s largest stock holdings plummet, for example Wells Fargo and US Bancorp. On…
