CharlesMunger Posted February 27, 2020 Share Posted February 27, 2020 Some BRK.B @1.23 P/B Link to comment Share on other sites More sharing options...
scorpioncapital Posted February 27, 2020 Share Posted February 27, 2020 Some BRK.B @1.23 P/B Same..every time I scan the market brk seems imminently reasonable at these prices, although be sure to adjust for inevitably lower mark to market equity portfolio. Probably it's closer to 1.3 but still reasonable. Link to comment Share on other sites More sharing options...
Gregmal Posted February 27, 2020 Share Posted February 27, 2020 Added a small bit to MSG at 272. Algos are going bananas today Not Algos, they depend on live events which might get cancelled if things go Corona south. MSGN is tied to the same mast. The volume surges definitely seem like algos, and zip within ranges quite noticeably. Either way, at worst, this is a one off hardship assuming its full blown Resident Evil. Hardly enough to impair the value 10% when it's already discounted 20%+. Just markets being skittish. Could be worse. Like AMC. I know I repeat myself regarding MSG, but “fear the sphere” (in Las Vegas) is a bigger concern than a virus induced zombie apocalypse for me. I can see already the news headlines about cost overruns first and a $500M write down next. Anyways, added to PSX and a bit more DFS, STAY and FRA.DE I do think the sphere may be a problem... but... a lot of thought and conversations have led me to believe that the exact scenario you describe, costs getting out of hand, will force Dolan to pull the trigger on an asset sale. People have already wrote down the net cash position because of the sphere. If any extra $300-500M in costs present themselves it almost certainly puts a lid on Sphere London, and most likely forces Dolan to go to market with some assets. The scenarios Ive heard are that following the spin, the sports assets become the ATM. His real interests are the entertainment business and the RSNs. Probably in that order. Link to comment Share on other sites More sharing options...
Artha158 Posted February 27, 2020 Share Posted February 27, 2020 AMPY Link to comment Share on other sites More sharing options...
kab60 Posted February 27, 2020 Share Posted February 27, 2020 SAVE and LNR on margin. YOLO Link to comment Share on other sites More sharing options...
rkbabang Posted February 27, 2020 Share Posted February 27, 2020 Added to BRK.B at $211.xx Sold some GOOG yesterday and just used about half of it to buy BRK.B today. Link to comment Share on other sites More sharing options...
Gregmal Posted February 27, 2020 Share Posted February 27, 2020 NVTA, to close out a short position. Covered a little PLUG too. Also added some BRK Link to comment Share on other sites More sharing options...
Lance Posted February 27, 2020 Share Posted February 27, 2020 IRM, KHC and RDSb Thanks Lance Link to comment Share on other sites More sharing options...
Gregmal Posted February 27, 2020 Share Posted February 27, 2020 TQQQ with a stop at $80. Just a short term trade in the event we bounce Link to comment Share on other sites More sharing options...
compoundinglife Posted February 27, 2020 Share Posted February 27, 2020 TQQQ with a stop at $80. Just a short term trade in the event we bounce Why TQQQ (nasdaq) over UPRO (SP500), just curious. Link to comment Share on other sites More sharing options...
Gregmal Posted February 27, 2020 Share Posted February 27, 2020 More leverage, and tech heavy poo poo stuff should lead the way. If I was looking to hold overnight or longer term I'd find a different vehicle(duh). Link to comment Share on other sites More sharing options...
compoundinglife Posted February 27, 2020 Share Posted February 27, 2020 More leverage, and tech heavy poo poo stuff should lead the way. If I was looking to hold overnight or longer term I'd find a different vehicle(duh). I think they are both 3x. Yeah, Tech leading the way seems reasonable if there is a bounce back. Link to comment Share on other sites More sharing options...
orthopa Posted February 27, 2020 Share Posted February 27, 2020 MA Link to comment Share on other sites More sharing options...
LC Posted February 27, 2020 Share Posted February 27, 2020 MA I bought V but similar thoughts I assume. Link to comment Share on other sites More sharing options...
compoundvalue Posted February 27, 2020 Share Posted February 27, 2020 OXY Link to comment Share on other sites More sharing options...
Gregmal Posted February 27, 2020 Share Posted February 27, 2020 TQQQ with a stop at $80. Just a short term trade in the event we bounce Well thank god for stop loses! Fun finish to the day... Link to comment Share on other sites More sharing options...
KJP Posted February 27, 2020 Share Posted February 27, 2020 Rosetta Stone Bank of America Link to comment Share on other sites More sharing options...
Agrippa07 Posted February 27, 2020 Share Posted February 27, 2020 WFC, XOM, FB, BRK.B Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted February 27, 2020 Share Posted February 27, 2020 Sold my final put position. Held onto quite a bit of cash, but started selling cash covered puts on names I own (VIX is at 34!) and purchased more Fairfax India. Link to comment Share on other sites More sharing options...
Viking Posted February 27, 2020 Share Posted February 27, 2020 BRK (again) Buffett commented Berkshire would fall less than the general market in a sell off. Let’s hope that is true :-). Having 20% of market cap in deployable cash has to matter at some point. Link to comment Share on other sites More sharing options...
alpha Posted February 28, 2020 Share Posted February 28, 2020 BRKB and SU Link to comment Share on other sites More sharing options...
Charlie Posted February 28, 2020 Share Posted February 28, 2020 Bought some more Berkshire B shares. :) Today morning it looked like some panic selling. Help them when they want desperately to sell. ;) Link to comment Share on other sites More sharing options...
CharlesMunger Posted February 28, 2020 Share Posted February 28, 2020 Bought some more Berkshire B shares. :) Today morning it looked like some panic selling. Help them when they want desperately to sell. ;) +1 Link to comment Share on other sites More sharing options...
Guest eatliftinvestgolf Posted February 28, 2020 Share Posted February 28, 2020 I bought BRK.B this morning at $201.80. Link to comment Share on other sites More sharing options...
rkbabang Posted February 28, 2020 Share Posted February 28, 2020 I bought BRK.B this morning at $201.80. I just had a limit order fill at $199.98. Crazy. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now