Grenville

Nice idea! A couple of questions: 1. Are these bonds available to retail investors? 2. Have you tried to buy any of these? Where do you have to go to buy them? ie. IB, Scottrade, or a big Broker...?

Reading that book right now......love it so far! Just curious, how did you get a copy of the book in advance of the meeting?

Great analysis guys! It's nice to have a forum to understand this because it's a big deal for those of us learning and investing in Berkshire! On a side note, I did think the very blatant plug for Ajit as CEO seemed a little out place and not usual.

It's too bad Warren didn't find out about the large purchase until March 16 after he had made the agreement to purchase Lubrizol. It's a very weird set of circumstances, since I can't imagine ~3mil is a worth the risk to one's reputation given his wealth through MidAmerican.

I don't think they were insider purchases. No purchase prices were listed.

JEast, Thanks for the tip on the zeros through ETFs. At least from my initial understanding, ETFs look like a good way to invest into bonds.

Do you include goodwill in your calculation of book value per share?

Partner, Thank you for the color!

Hi Partner, Could you elaborate? I'm not planning on buying any appliances in the near future, but I would definitely like to hear more about your experience.

Eddie has a nice bit at the end of his letter about buybacks and creating shareholder value! Its a nice read.

Thanks for posting!

I am impressed with Bruce. Here is his letter. Will be fun to watch. http://www.sec.gov/Archives/edgar/data/745308/000119312511036957/dex991.htm

Great stuff! Thanks for posting!

You can buy FRFHF on Scottrade without the fee

Don't worry about seating, just GO! If you are worried about seating, just show up early.

BUFFETT DROPS IN ON NETJETS® TO HELP CELEBRATE 2010 PROFIT 1-27-11 http://www.netjets.com/Learn_More/Press_Releases/2011/pr2011_01_27.asp

Hi Packer, I took brief look at Carmike the other day and wanted to get your thoughts on a few things that worry me given that the thesis will take time to play out. + Carmike looks to generate good operating cash flows, but management is keen on expansion at the tune of 22mln a year or so (limited by debt covenants) to build out to 3,000 screens. This drops the FCF yield. + Looking at the Q3 2010 report for the first nine months 173,500 options and 134,500 restricted stock were granted. The share issuance is at a 3% run rate per year which will add up over time to eat into owner earnings. + Management stated on the recent call that they would like to keep debt at 200mln and use free cash to expand, pay down debt (to 200mln), or pay a dividend. They would prefer not buying back stock as the float is low at 13mln. positives + The ceo is buying stock in the open market + Their revenues seem to have held up well over the rough economy + Leucadia director on the board and buying shares in open market + 30mln cash payment from screenvision for 30yr contract I have a very limited understanding of the industry and carmike. It seems like one would need to hold over the long term for the thesis to play out as FCF will stay low as the chain expands.

Hi valuegeek, Thank you for your commentary. Thanks for the link!

Happy New Year everyone!

A bunch of them are listed on the ORH NAIC filings.

noticeably faster here on the west coast!

finetrader, Thank you for the commentary regarding the job post and the fact that the individual was looking for a CFA!

http://www.nytimes.com/2010/12/04/science/04nuke.html?_r=1&hp "Spurred by a pledge of $50 million from Warren E. Buffett, the billionaire investor and philanthropist, the board of the International Atomic Energy Agency voted Friday to set up a global nuclear fuel bank that aspiring nations can turn to for reactor fuel instead of making it themselves." ..... “The spread of weapons of incredible destructive capability is the No. 1 problem facing mankind,” he said. The bank, Mr. Buffett added, promised to get at least “part of the genie back in the bottle.”

barminov, what filings? where can one find those filings? Hi dual_bid, The TRS is listed in ORH NAIC Q3 filings. You can download the report at NAIC.com. It goes into depth about specific holdings including foreign stocks. Hi Grenville, you probably meant ".org". Can you provide a direct link to the company's NAIC filings? Yes, it is .org. You will need to create a login id to search the database. Here is the title of the filing. 2010 Quarter 3 Financial Data for Odyssey Amer Reins Co (Cocode: 23680)

barminov, what filings? where can one find those filings? Hi dual_bid, The TRS is listed in ORH NAIC Q3 filings. You can download the report at NAIC.com. It goes into depth about specific holdings including foreign stocks.