RonB

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  • Buying Berkshire: The Ultimate No-Brainer
    There is absolutley no evidence to indicate that Buffett has been buying more US Bancorp or Burlington Northern. Another misleading inaccurate post from Alpha.
    Sep 07 14:26 pm |Rating: 0 0 |Link to Comment |View article
  • Banks Scramble to Refinance Their Long-Term Debt
    Its very hard to understand why people like this ignore reality to create as much negativity as they can - unless they are short these stocks and are trying to drive them down. Anyone interested in the facts should read Wells Fargo's Q2 transcript and news release. Loans up 15%, revenues up 16%, spreads on new business at the highest rates in years, overall increases in net interest margins, improving Tier 1 ratio, and so on. All this negativity is providing an excellent buying opportunity.
    Aug 18 13:07 pm |Rating: 0 0 |Link to Comment |View article
  • Checking In on George Soros
    The article is also misleading about Buffett's Ingersoll Rand positon. Most (if not all) of the increase resulted from Ingersoll's purchase of Trane. Buffett was already a holder of Trane shares, which were converted into Ingersoll shares.
    Aug 15 19:05 pm |Rating: 0 0 |Link to Comment |View article
  • Checking In on George Soros
    Articles like this are unfortunate, as the information presented is completely inaccurate. There is no indication whether Buffett sold or added to his ConocoPhillips holding, as he received permission from the SEC to supress disclosure of his activities in that stock until a later date. So disclosure of his position was omitted. That does NOT mean that he sold it.

    As to Union Pacific, he did NOT double his position. Union Pacific split its stock 2 for 1 in May, thereby doubling the number of shares at half the price. I suggest that whoever edits this information review it for accuracy, as otherwise trusting and unknowledgable people will be grossly misled.
    Aug 15 18:49 pm |Rating: 0 0 |Link to Comment |View article
  • More Problems for the Ailing Financial Sector?
    It is very easy to take the negative approach. That takes no work, no vision, no constructive effort. This same sort of gloom and doom was written in the early 1990's. It was incorrect then as it is now.

    The stronger financial institutions will come out ahead when these problems work their way through the economy. Wells Fargo, for instance, reported last quarter that it added 15% to its assets and improved its Tier 1 ratio and its net interest margin. All the gloom forecasters can see is the looming writeoffs that most banks will face over the next few quarters. Looking past that, however, well capitalized, disciplined banks like Wells should profit handsomely from the new business they are getting now, and the assets of troubled banks they are acquiring at a discount.

    Wells Fargo is a substantial holding in my personal and client accounts.

    Ron Beasley
    Investment Advisor
    rwbi.net
    Aug 15 13:19 pm |Rating: 0 0 |Link to Comment |View article
  • Warren Buffett Accumulates NRG Energy, Ingersoll-Rand and Union Pacific
    Whoever wrote this doesn't do much homework. Buffett did not add to his Union Pacific holdings. The number of sharees doubled because the stock split 2 for 1 in May.
    Aug 15 08:33 am |Rating: 0 0 |Link to Comment |View article
  • Making Profits Through Understanding Market Psychology
    I don't know of any highly successful long-term investors that use this kind of approach. Warren Buffett doesn't. Prem Watsa doesn't. They are both billionaires. Much of this thinking comes from laziness, a lack of willingness to put in the time to understand and differentiate between companies, and to look pat the current noise and discern what the landscape will look like five years out, not next month. Everyone wants a shortcut. There aren't any. Do the work, understand what you are buying, and pay a price that is lower than the value of the business, and you will consistently do well.

    Ron Beasley
    Investment Advisor
    rwbi.net
    Jul 29 13:02 pm |Rating: 0 0 |Link to Comment |View article
  • 3 Stocks for Uncertain Times
    The writer is on point with Kraft. It is an excellent purchase opportunity at the currrent share price. Input cost problems are temporary, as a substantial portion can be passed on through pricing. There is ample cash flow for stock buybacks, lots of room for financial engineering, and an outdated product line that the recently appointed CEO is aggressively working to improve. The Post splitoff is a good example, and will result in a lower share count. Many people are seeing only short-term problems, but others, like Buffett, see that long-term opportunities are extensive. The company's distribution channels are a key factor.

    Kraft is a substantial weighting in my personal and client portfolios.

    Ron Beasley
    Investment Advisor
    rwbi.net
    Jul 22 13:42 pm |Rating: 0 0 |Link to Comment |View article
  • Wells Fargo Lays Bear Trap on Wall Street
    Let's see...should I listen to some emotive blogger with an obvious agenda, or pay attention to Warren Buffett, who has been adding to his substantial $9 billion plus stake in Wells Fargo as the stock declines? Gee, there's a tough choice! This areticle is absurd, but everyone is entitled to their own opinion. Panicky people like this who don't understand banking have created a wonderful opportunity to buy stock in a high quality company at a bargain basement price.
    Jul 18 11:57 am |Rating: 0 0 |Link to Comment |View article
  • Transports Hit New Highs as FedEx Hits New Lows
    This is about as useful as reading tea leaves by the full moon....
    Jun 19 08:14 am |Rating: 0 0 |Link to Comment |View article
  • The Buffett Sell Signal
    Buffett already owns 17% of USG. To say its a sell signal that he isn't buying the entire company is absurd.
    Oct 01 12:55 pm |Rating: 0 0 |Link to Comment |View article

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