Warren Buffett - Tópico principal

[kitano]

Buffett's Berkshire Slashes Stock Holdings

Warren Buffett's Berkshire Hathaway did a lot of selling this spring.

Most notably, it reduced its holdings of Johnson & Johnson (JNJ) by almost 19 million shares as of June 30.

That's a drop of 64 percent compared to its holdings just three months before.

The shares that were sold are worth almost $1.3 billion at the stock's current price.


In another large cut, Berkshire reduced its holdings of Procter & Gamble (PG) by 19 percent, or about $910 million.

Kraft Foods (KFT) was also cut dramatically, with a 25 percent reduction worth $784 million.

Some other big names were also targeted, although the dollar amounts aren't as big.


Berkshire eliminated its 7.745 million share stake in Intel (INTC), worth over $204 million.

Also cut: General Electric (GE). That stake was reduced by 36 percent to just over 5 million shares, a drop of about $58 million.

It wasn't all selling.

Berkshire added a stake now worth about $1 billion in Phillips 66 (PSX).

National Oil Well Varco (NOV) is another addition. That holding is worth almost $216 million.

[Tranquilo]

fica a ideia que alivia em consumo para apostar em energia (petróleo e gasolina).

a ver...

[Joao-D]

The secrets of Buffett’s success
Beating the market with beta


Understanding the success of Mr Buffett requires a brief detour into investment theory. Academics view stocks in terms of their sensitivity to market movements, or “beta”. Stocks that move more violently than the market (rising 10%, for instance, when the index increases by 5%) are described as having “high beta”, whereas stocks that move less violently are considered “low beta”. The model suggests that investors demand a higher return for owning more volatile—and thus higher-risk—stocks.



These two factors—the low-beta nature of the portfolio and leverage—pretty much explain all of Mr Buffett’s superior returns, the authors find. Of course, that is quite a different thing from saying that such a long-term performance could be easily replicated. As the authors admit, Mr Buffett recognised these principles, and started applying them, half a century before they wrote their paper.

Ler mais em: http://www.economist.com/node/21563735?fsrc=nlw|hig|9-27-2012|3596156|37377748|

É interessante a opinião em relação ao beta.

[Incognitus]

Já saiu a carta relativa a 2012:
 
[wiki]Cartas de Warren Buffett[/wiki]

[Iced]

Duas curiosidades:

1- Anda a comprar jornais de pequena dimensão.

2- Se o S&P 500 subir este ano, é o primeira vez que num período de 5 anos o S&P teve mais rendibilidade que o book value da Berkshire.

(ele diz mesmo subir, porque se descer ele tem a certeza que terá resultados muito melhores que o S&P)

[Kin2010]

Bom, não será que ele vendeu uma série de participações para ter $$ para a OPA gigante à Heinz? Nem mesmo o $$ dele é elástico.

[Incognitus]

Não, a empresa vai gerando bastante dinheiro.

[Tranquilo]

Dia 1 de Março saiu a carta relativa a 2013:

http://www.berkshirehathaway.com/2013ar/2013ar.pdf

 

[JoaoAP]

Já saiu a carta relativa a 2012:
 
[wiki]Cartas de Warren Buffett[/wiki]

Tiraste o ícone de ir para Wiki..., não?

[Incognitus]

Penso que uma das actualizações do fórum a quebrou.

[deMelo]

eheheheheh... muito bom!

"With Heinz, Berkshire now owns 8 1⁄2 companies that, were they stand-alone businesses, would be in the
Fortune 500. Only 491 1⁄2 to go."

[hermes]

eheheheheh... muito bom!

"With Heinz, Berkshire now owns 8 1⁄2 companies that, were they stand-alone businesses, would be in the
Fortune 500. Only 491 1⁄2 to go."

A not so small correction: "With Heinz, Berkshire now owns 8 1⁄2 companies that, were they stand-alone businesses, would be in the
Fortune 500. Only 499 to go."

[Incognitus]

Vale a pena ler este artigo, entre outras coisas explica porque é que a corporate governance está avariada:
 
http://www.cnbc.com/id/101642613
 

[JoaoAP]

Vale a pena ler este artigo, entre outras coisas explica porque é que a corporate governance está avariada:
 
http://www.cnbc.com/id/101642613

Inc... que grande.

Mesmo que peques por defeito, não pode colocar aqui um pequeno resumo, pf?

[Vanilla-Swap]

A mais recente aquisição de Warren Buffett


https://www.youtube.com/watch?v=3lCxPHZ92DY

[Incognitus]

A carta para os accionistas de 2014:

http://www.berkshirehathaway.com/letters/2014ltr.pdf

[Incognitus]

Um artigo com um transcrito de perguntas da última assembleia geral da Berkshire Hathaway:

http://blogs.wsj.com/moneybeat/2015/05/02/live-analysis-the-2015-berkshire-hathaway-annual-meeting/#entry_44

[Happy_TheOne]

O observador esteve la e vai fazer um artigo sobre assembleia 

[Incognitus]

Uma página que tem quase tudo o que há para saber do Warren Buffett, incluindo retornos nos primeiros anos da sua "partnership":

http://www.valuewalk.com/warren-buffett/

[Vanilla-Swap]

O mais recente investimento WFC

http://time.com/money/3901632/warren-buffett-berkshire-hathaway-wells-fargo/?xid=yahoo_money