Kredietcrisis zeer gunstig voor Buffet

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Op zaterdag 18 oktober 2008 11:51 schreef Public_NME het volgende:

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Niemand die ook maar de moeite neemt om mijn bron te lezen...

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Op zaterdag 18 oktober 2008 11:58 schreef SeLang het volgende:

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Ik had het wel gelezen hoor (en bedankt voor de link).

Maar koersverliezen boeien niet voor een lange termijn belegger zoals Warren Buffett. Het zijn tenslotte nog steeds dezelfde aandelen. Zolang de winstgevendheid van de onderliggende bedrijven op lange termijn niet in het geding is, is er geen enkele reden waarom een lange termijn belegger zich druk zou moeten maken.

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Buffett put $20 bln to work amid market panic
Moves suggest Berkshire chairman is bullish over the long term

While most investors panicked or were forced to sell, Berkshire Hathaway Chairman Warren Buffett put more than $20 billion to work last year, positioning his insurance-focused conglomerate to profit if the economy and markets recover in coming years.

As 2008 began, Berkshire had more than $44 billion in cash, partly because Buffett had struggled to find attractively priced investments and acquisitions in recent years. The biggest recent acquisition had been Berkshire's purchase of 80% of Israeli metal-cutting-tool maker Iscar Metalworking Cos. for $4 billion in 2006. But he topped that several times during the past year. By the end of September, Berkshire held $33.4 billion in cash.

In March, Berkshire bought 60% of Marmon Holdings for $4.5 billion. In July, it invested $3 billion in Dow Chemical convertible preferred stock. Another $6.3 billion went into subordinated notes and preferred shares of Wm. Wrigley Jr. Co. Berkshire also offered to acquire Constellation Energy for about $4.7 billion and invested $1 billion in the company's convertible debt. Deep in the midst of the financial crisis, Buffett bought $8 billion of preferred stock in General Electric and Goldman Sachs. Berkshire also boosted some of its equity holdings in companies like ConocoPhillips, Burlington Northern and U.S. Bancorp.

"He hadn't really added to his stock-market investments in the previous decade, which shows remarkable restraint," said Mark Sellers, managing partners of hedge fund Sellers Capital LLC. "He was a bomb waiting to explode -- as soon as stocks got cheap, he immediately released." Buffett is considered one of the world's best investors, so when he puts this much money to work, other investors take note and sometimes follow his lead.

"He's in a different position, but individuals with long-term investment horizons can take guidance from him," said Justin Fuller, a partner at Midway Capital Research & Management and editor of the Web site Buffettologist.com. "While everyone's been screaming and running for cash, he's been planting great investment seeds for the next 10 to 15 years." Buffett is able to gauge investment success over many years, while other investors, such as hedge funds, are judged over shorter periods, giving the Berkshire chairman a "huge advantage," Fuller noted.

Indeed, Buffett sounded bullish about the long-term outlook for the U.S. economy, but bearish in the short term, during an interview with Fox Business News in late November. "I'm not worried about how we come out in the end," he said. "I mean, I'm not worried about five years from now. Five months from now could be very painful."

Berkshire shares fall

The financial crisis gave Buffett many more opportunities to invest, but it also hit shares of Berkshire hard, pushing the Class A stock down more than 30% in 2008. Many of the businesses Berkshire owns are related to the housing industry, such as HomeServices of America, Clayton Homes and Shaw Industries, so the company has suffered from the slumps in residential real estate and in home building.

But a more likely reason for the drop in Berkshire stock was that the company was swept up in a general rush for cash among investors, especially those being forced to sell positions to return money to clients, according to Fuller. "People were looking around for what they could sell to meet redemptions and Berkshire had held up relatively well for most of the year, so it was a good candidate," he explained. At the height of the crisis in late November, Berkshire's Class A shares dropped as low as $74,100. They've recovered to $99,990 but remain well below the record high of more than $150,000 reached in late 2007.



"When the stock rose past $100,000, there was a lot of attention," Fuller said. "But now you can buy the stock for less than that and the company is worth more, given the additional businesses it owns and the cash it still has." Fuller doesn't personally own Berkshire shares, but Midway Capital holds Berkshire shares for the firm's clients.

Good, not great

Another concern may be that Buffett moved too quickly to invest in companies like General Electric and Goldman Sachs, according to Sellers. On Sept. 23, Berkshire agreed to invest $5 billion in perpetual preferred stock issued by Goldman. Buffett also got warrants to purchase $5 billion of Goldman common stock with a strike price of $115 a share.

Goldman shares have dropped more than 30% since then. The stock now trades below $90. General Electric shares have also lost roughly 30% since Berkshire invested in a similar deal at the start of October. "He may have jumped a little quickly," Sellers said. "General Electric and Goldman were good deals, not great deals." Still, Buffett's restraint over the previous decade shows, according to Sellers, why "he's the greatest investor of all time."

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According to investing guru Warren Buffett, U.S. stocks are a logical investment when their total market value equals 70% to 80% of Gross National Product.

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Op donderdag 21 januari 2010 09:27 schreef PietjePuk007 het volgende:
Superbelegger laat eindelijk het volk toe
Straks staat ie net als de gewone bedrijven in de S&P .

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Ben benieuwd wanneer ook deze superbelegger een supercrimineel blijkt te zijn...........

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Op donderdag 21 januari 2010 09:27 schreef PietjePuk007 het volgende:
Superbelegger laat eindelijk het volk toe
Straks staat ie net als de gewone bedrijven in de S&P .

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Op donderdag 21 januari 2010 09:27 schreef PietjePuk007 het volgende:
Superbelegger laat eindelijk het volk toe
Straks staat ie net als de gewone bedrijven in de S&P .

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Op donderdag 21 januari 2010 02:07 schreef De Pers het volgende:Tot voor kort waren ze niet welkom, maar Warren Buffett moet tot zijn spijt ook kleine beleggers gaan toe- laten tot zijn Berkshire Hathaway.

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Door de aandelen te splitsen, worden ze een stuk goedkoper en moet hij ook de ‘kleine man’, die hij juist zo verfoeide, toe gaan laten tot het gezelschap van elitaire beleggers in zijn investeringsmaatschappij. Want toen Buffett met Berkshire Hathaway begon, richtte hij het investeringsfonds met het idee op dat het alleen bedoeld was voor de ‘happy few.’

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De superspeculant vond dat de kleine belegger het niet verdiende om te profiteren van zijn beleggingswijsheden. Dat liet Buffett, die ook wel het orakel van Omaha wordt genoemd, in 1984 al duidelijk weten in een brief aan zijn toen nog louter elitaire aandeelhouders.

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Op donderdag 21 januari 2010 23:14 schreef Mendeljev het volgende:

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Bekijk het eens vanuit zijn perspectief. Als grootaandeelhouder en CEO moet je gewoon aanwezig zijn op de jaarlijkse aandeelhoudersvergaderingen. Als je dan ook nog eens verplicht de vragen van the average joe moet beantwoorden die in het huidige sentiment mogelijkerwijs kunnen leiden tot Fortis-achtige taferelen dan wil ik ook wel de shareprice op $100k houden

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Warren Buffett gokt mis
Superbelegger Warren Buffett zat er in het derde kwartaal flink naast met de handel in derivaten. De handel in opties op wereldwijde aandelenindices leverde zijn investeringsbedrijf Berkshire Hathaway een verlies op van 700 miljoen dollar (500 miljoen euro), zo werd vrijdag laat bekend. Een jaar eerder bracht deze handel nog 220 miljoen dollar in het laatje.
Hoewel de 80-jarige miljardair nooit voorstander is geweest van speculeren met afgeleide beleggingsinstrumenten zoals opties en futures, hield hij altijd vol dat zijn posities uiteindelijk hun vruchten zouden afwerpen.