Offshore
Photo
Invest In Assets 📈
Bill Ackman once said:
"I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts"
Here is Ackman's equity holdings: https://t.co/Q8Oszm8viU
tweet
Bill Ackman once said:
"I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts"
Here is Ackman's equity holdings: https://t.co/Q8Oszm8viU
tweet
Offshore
Photo
Librarian Capital
RT @LibrarianCap: Fundsmith initiated position in Atlas Copco $ATCO (Swedish tools/instruments maker) in Jul-24
-3.1% in Jul, vs. MSCI World +0.1% (£)
Now +5.9% YTD, vs. benchmark +12.9%
Mag 7 members were 3 of 5 top Jul detractors: $MSFT, $META, $NOVO, $SYK, $GOOG
$PM among top contributors https://t.co/x1ElpL1lND
tweet
RT @LibrarianCap: Fundsmith initiated position in Atlas Copco $ATCO (Swedish tools/instruments maker) in Jul-24
-3.1% in Jul, vs. MSCI World +0.1% (£)
Now +5.9% YTD, vs. benchmark +12.9%
Mag 7 members were 3 of 5 top Jul detractors: $MSFT, $META, $NOVO, $SYK, $GOOG
$PM among top contributors https://t.co/x1ElpL1lND
tweet
Offshore
Photo
Finding Compounders
Financial World article from 1992 profiling Wall Streets 100 Highest Paid.
Some notable names https://t.co/FYZAkeVepM
tweet
Financial World article from 1992 profiling Wall Streets 100 Highest Paid.
Some notable names https://t.co/FYZAkeVepM
tweet
Offshore
Photo
Hidden Value Gems
$BRK.A Q2 highlights:
✅ Buffett sells half of $AAPL stake, worth c $88B. Probably expects less upside in Apple and higher taxes in the future. Not sure a big strategic acquisition is on the cards…
✅ Cash pile at $277B, almost 30% of the Mkt Cap. A great position if we enter tough times.
✅ Insurance float at $169B.
✅ After-tax operating profit rose 15% to $11.6B, driven by higher insurance underwriting profits and increased income on the company’s large cash holdings.
✅ Bought back just $345M of stock in the period, one of the lowest quarterly totals in several years. That compares with $2.6B in Q1 2024 and $2.2B in Q4 2023.
✅ Book value per share rose to a record $419,000 per class A share from $398,000 on March 31, 2024. The gain in book value was driven by operating profits and the rise in value of Berkshire’s equity portfolio, which totaled $285B. Berkshire’s stock now trades for about 1.5x the book value.
✅ Geico’s combined ratio was 83% in the second quarter, down from 95% a year earlier.
✅ Profit at Burlington Northern Santa Fe, the railroad business, was down slightly to $1.2B after taxes in the second quarter from $1.3B a year earlier, and profit at Berkshire’s utility operations (Berkshire Hathaway Energy) declined to $655M from $785M a year earlier.
$BRK.A $BRK.B #BRK
tweet
$BRK.A Q2 highlights:
✅ Buffett sells half of $AAPL stake, worth c $88B. Probably expects less upside in Apple and higher taxes in the future. Not sure a big strategic acquisition is on the cards…
✅ Cash pile at $277B, almost 30% of the Mkt Cap. A great position if we enter tough times.
✅ Insurance float at $169B.
✅ After-tax operating profit rose 15% to $11.6B, driven by higher insurance underwriting profits and increased income on the company’s large cash holdings.
✅ Bought back just $345M of stock in the period, one of the lowest quarterly totals in several years. That compares with $2.6B in Q1 2024 and $2.2B in Q4 2023.
✅ Book value per share rose to a record $419,000 per class A share from $398,000 on March 31, 2024. The gain in book value was driven by operating profits and the rise in value of Berkshire’s equity portfolio, which totaled $285B. Berkshire’s stock now trades for about 1.5x the book value.
✅ Geico’s combined ratio was 83% in the second quarter, down from 95% a year earlier.
✅ Profit at Burlington Northern Santa Fe, the railroad business, was down slightly to $1.2B after taxes in the second quarter from $1.3B a year earlier, and profit at Berkshire’s utility operations (Berkshire Hathaway Energy) declined to $655M from $785M a year earlier.
$BRK.A $BRK.B #BRK
tweet
Offshore
Photo
Finding Compounders
Michael Burry had bought Apple stock back in 1999, he called it a “ Buffett pick.”
Check this email he wrote. https://t.co/ww7oOxdAd3
tweet
Michael Burry had bought Apple stock back in 1999, he called it a “ Buffett pick.”
Check this email he wrote. https://t.co/ww7oOxdAd3
tweet
Offshore
Photo
Hidden Value Gems
Interesting that back in the 1970s, Japanese trading companies were viewed as the best vehicle to get exposure to the rising Japanese market.
They have been a great vehicle this time again, with Buffett exploiting this perfectly. https://t.co/NG04D82Fpp
tweet
Interesting that back in the 1970s, Japanese trading companies were viewed as the best vehicle to get exposure to the rising Japanese market.
They have been a great vehicle this time again, with Buffett exploiting this perfectly. https://t.co/NG04D82Fpp
tweet