Sold the Rest of My Merck (MRK)
In my ongoing search to look for stocks to sell in this rising market, I found one. I bought Merck at around 29 early last year. I sold some (1/3 of my position) in June at around $35.
In my ongoing search to look for stocks to sell in this rising market, I found one. I bought Merck at around 29 early last year. I sold some (1/3 of my position) in June at around $35.
Warren Buffett didn't have to, but he let PetroChina divestment activists speak.
"We are following policies in the this country that will lead to a continued decline in the dollar." Says Buffet.
When asked by a shareholder about ethanol, Charlie Munger made the following statement:
The question was asked, "Did you sell your silver position to the banks that started the Silver backed ETF?"
In responding to a shareholder question on climate change, Buffett says global warming won't affect results at General Re. But both Warren Buffett and Charlie Munger offer interesting perspectives that do not agree.
Warren and Charlie discuss Berkshire Hathaway selection process for the next manager.
Porfolio.com uses my photo in their blog about the Berkshire Hathaway shareholder cocktail party last night.
A question about gambling as a business at the Berkshire Hathaway 2007 Annual Shareholders Meeting.
An audience member asked if shorting was a danger to the financial system.
My notes from the floor of the 2007 Berkshire Hathaway shareholder meeting, as they happen:
Photos of Berkshire Hathaway Shareholders waiting for free beer, free martinis, free food, and free ice cream. Not the most beautiful crowd, but it does have a festive atmosphere.
So my road trip from New York to New Orleans now brings me to Omaha for the Berkshire Hathaway Shareholder Festival (um, I think it's an annual meeting but it feels more like a festival).
I bought Telefonos de Mexico, the Mexican phone operator controlled by Mexican Billionaire Carlos Slim, last year, and in 2004, because it represented value. The stock is now fairly priced.
Here are some rules of investments to always avoid. Following these rules have saved me from many financial losses and from guilt. Breaking these rules has cost me money. Hopefully, I can save you from losing money like I did when I broke my discipline:
According to a press release by EuroStar, the operator of trains crossing under the English Channel on their way between The Continent and Britain, Eurostar travel between Paris and London is ten times less polluting than flying. However, we at The Panelist are not just green but greedy too. Previous Page: Photo: jahovil, Creative Commons,…
I just looked at my Coca Cola Inc (KO) Proxy Statement for the annual meet to take place on Wednesday April, 18 2007 in Wilmington, Delaware and was disgusted by how much Board of Coca-Cola decided to pay the CEO. But I will keep holding the stock. I think it’s going higher.
There is part of the U.S. tax code that has always annoyed me.
Had to sell the rest of my LL&E Royalty Trust (LRT – $2.01). I just didn't know what it was doing in my portfolio anymore.
Google buys You Tube and gets some lawsuits. Yahoo partners with Viacom and gets revenue.
After begging you to open an IRA if you qualify, here is another place one could put that tax deferred cash. I'm picking up some TIPS (Treasury Inflation-Protected Securities) in next week's auction for my IRA.
Some friends of The Panelist, a couple, took my suggestion and opened their IRAs. They checked with their accountant and figured out what plan would be best for them.
I want to coin a new term about a program being tested by PG&E. Of course, I'll also give you my opinion about the stock.
Chicago Tribune story pushing my thesis on Kraft and acquisitions.
Sean Rogan compiles a list of potential targets for Kraft (KFT)