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Sunday, December 15, 2019

A Trifecta? A Turkey? A Hat-Trick? -- December 15, 2019

Berkshire Hathaway: Perhaps the best: one short of a golden sombrero. LOL.

I really don't care one way or the other, but only because his $130 billion in cash has everyone talking, I thought I would chime in. It's tough being at the top -- all of us peons taking pot shots at Warren, LOL.

Three strikes:
  • first, he missed out on a $5 billion acquisition of Tech Data; wouldn't get in a bidding war.
  • second, did he miss the biggest whale of them all, the $26 billion Ameritrade deal?
  • and now, third, one of his stars has abruptly (?) left Berkshire Hathaway. From Yahoo!Finance:
Buffett’s real estate brokerage, Berkshire Hathaway HomeServices, lost one of its biggest stars to rival Keller Williams Realty -- in its own backyard.
The new office for the departing CEO of Omaha’s Real Estate Group, Jeff Cohn, and his 35-person team is just a 15-minute drive from Buffett’s five-bedroom home in Omaha, Nebraska.
Sunday night futures mean squat, as they say, but it's always nice to see green. Dow is up about 30 points in tonight's futures (6:03 p.m. CT, December 15, 2019).

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