b*****e
发帖数: 1125 | |
s********n
发帖数: 1962 | 2 春江水暖鸭先知
【在 b*****e 的大作中提到】
: So quick ??!!
|
F*******e
发帖数: 485 | 3 老巴是鸭？
春江水暖鸭先知
【在 s********n 的大作中提到】
: 春江水暖鸭先知
|
s********n
发帖数: 1962 | 4 I don't care what WB does. His time frame is too long for me.
But I do think that BNI is a very good move for him.
【在 F*******e 的大作中提到】
: 老巴是鸭？
:
: 春江水暖鸭先知
|
c*v
发帖数: 93 | 5 老大说说为什么BNI is a very good move for WB? 我这两天正研究呢. Alice
Schroeder 的分析:
http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=BRK%2FA%3AUS&sid=aL9x8sp3.Nwk
老巴以前多次强调喜欢资本需求少而又有品牌效用的行业, 过去10年间却似乎是在利用
自己的资本优势去收购和壮大资本密集型产业 (utilities, flight timeshare, now
railroad).莫非资本存量太大找不到好东东,只好退而求其次了? 这个发展方向和GE似
乎类似啊.老巴百年之后,继任者们还能够控制好风险,不重蹈GE的覆辙吗? |
T*******t
发帖数: 9274 | 6 1. 钱太多
2. BNI对他的现有businesses是个有益的补充
【在 c*v 的大作中提到】
: 老大说说为什么BNI is a very good move for WB? 我这两天正研究呢. Alice
: Schroeder 的分析:
: http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=BRK%2FA%3AUS&sid=aL9x8sp3.Nwk
: 老巴以前多次强调喜欢资本需求少而又有品牌效用的行业, 过去10年间却似乎是在利用
: 自己的资本优势去收购和壮大资本密集型产业 (utilities, flight timeshare, now
: railroad).莫非资本存量太大找不到好东东,只好退而求其次了? 这个发展方向和GE似
: 乎类似啊.老巴百年之后,继任者们还能够控制好风险,不重蹈GE的覆辙吗?
|
s********n
发帖数: 1962 | 7 WB bought BNI not because he has faith in US economy, but because he lost
faith in US dollar. It's not easy for him to find a place to park his
money. Railroad at least is something real and not replacable. And it's
cleaner and cheaper than highway transportation. If other real estate can
hedge inflation, why not railroad?
【在 c*v 的大作中提到】
: 老大说说为什么BNI is a very good move for WB? 我这两天正研究呢. Alice
: Schroeder 的分析:
: http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=BRK%2FA%3AUS&sid=aL9x8sp3.Nwk
: 老巴以前多次强调喜欢资本需求少而又有品牌效用的行业, 过去10年间却似乎是在利用
: 自己的资本优势去收购和壮大资本密集型产业 (utilities, flight timeshare, now
: railroad).莫非资本存量太大找不到好东东,只好退而求其次了? 这个发展方向和GE似
: 乎类似啊.老巴百年之后,继任者们还能够控制好风险,不重蹈GE的覆辙吗?
|
h*******y
发帖数: 864 | 8 It is more than that.
Panama Canal expansion is expected to complete by 2014. As a result, Houston
will serve as a gateway for trade between China and America’s heartland.
Wal-Mart, the world’s biggest retailer, has already built a huge facility
there to manage the transfer from ships to trains of goods on their way to
its superstores in Chicago and other cities in the centre of the country.
BNI purchase is a bet on ever-higher imports from China, heavier traffic
through the Panama Canal, higher
【在 s********n 的大作中提到】
: WB bought BNI not because he has faith in US economy, but because he lost
: faith in US dollar. It's not easy for him to find a place to park his
: money. Railroad at least is something real and not replacable. And it's
: cleaner and cheaper than highway transportation. If other real estate can
: hedge inflation, why not railroad?
|
s***w
发帖数: 521 | 9 for normal people, where should we park the cash?
I think in this board, people say we don't know what the trend is, so keep
the cash.
【在 s********n 的大作中提到】
: WB bought BNI not because he has faith in US economy, but because he lost
: faith in US dollar. It's not easy for him to find a place to park his
: money. Railroad at least is something real and not replacable. And it's
: cleaner and cheaper than highway transportation. If other real estate can
: hedge inflation, why not railroad?
|
h*******y
发帖数: 864 | 10 Agree on 1. Not agree on 2. Berkshire does not have a lot of businesses that
need rail road to transfer (rail road is generally good for bulky
commodities).
But on 1, completely agree. In fact, Buffett is late for the party. Bill
Gates' private investment firm Cascade owns 7% of Canadian National Railway
, making it the company's largest shareholder. (The Bill and Melinda Gates
Foundation owns another 1.67%). It is estimated that Gates has netted $1.8
billion since he first invested in CNI in 1
【在 T*******t 的大作中提到】
: 1. 钱太多
: 2. BNI对他的现有businesses是个有益的补充
|
|
|
f****t
发帖数: 1063 | 11 so right now Railway is a good sector?
that
Railway
【在 h*******y 的大作中提到】
: Agree on 1. Not agree on 2. Berkshire does not have a lot of businesses that
: need rail road to transfer (rail road is generally good for bulky
: commodities).
: But on 1, completely agree. In fact, Buffett is late for the party. Bill
: Gates' private investment firm Cascade owns 7% of Canadian National Railway
: , making it the company's largest shareholder. (The Bill and Melinda Gates
: Foundation owns another 1.67%). It is estimated that Gates has netted $1.8
: billion since he first invested in CNI in 1
|
s**********n
发帖数: 868 | 12 I've heard for quite some time that Buffet bought BNI stake to secure the
rail lifeline for his Mid American Energy. I think Sokol, as his most likely
successor, should like the deal. Berkshire is migrating towards energy-
related sectors in the recently years. It makes perfect sense.
that
Railway
【在 h*******y 的大作中提到】
: Agree on 1. Not agree on 2. Berkshire does not have a lot of businesses that
: need rail road to transfer (rail road is generally good for bulky
: commodities).
: But on 1, completely agree. In fact, Buffett is late for the party. Bill
: Gates' private investment firm Cascade owns 7% of Canadian National Railway
: , making it the company's largest shareholder. (The Bill and Melinda Gates
: Foundation owns another 1.67%). It is estimated that Gates has netted $1.8
: billion since he first invested in CNI in 1
|
s********n
发帖数: 1962 | 13 Cool. Tons of information I didn't know. Thanks everybody.
likely
【在 s**********n 的大作中提到】
: I've heard for quite some time that Buffet bought BNI stake to secure the
: rail lifeline for his Mid American Energy. I think Sokol, as his most likely
: successor, should like the deal. Berkshire is migrating towards energy-
: related sectors in the recently years. It makes perfect sense.
:
: that
: Railway
|
b****e
发帖数: 460 | 14 This is very informational.
My 2 cents about the bet on American economy, I think what he meant is for B
NSF to soar, American economy has to soar. It doesn't mean BNSF won't get so
mething more than a fair share of it.
"Less import" is not in the scenario of better American economy. Maybe the o
nly way to have a better future is to be more efficient in more things, whic
h will result a "more import and more export". For example, there is no way
letting Americans go back to make socks again and
【在 h*******y 的大作中提到】
: It is more than that.
: Panama Canal expansion is expected to complete by 2014. As a result, Houston
: will serve as a gateway for trade between China and America’s heartland.
: Wal-Mart, the world’s biggest retailer, has already built a huge facility
: there to manage the transfer from ships to trains of goods on their way to
: its superstores in Chicago and other cities in the centre of the country.
: BNI purchase is a bet on ever-higher imports from China, heavier traffic
: through the Panama Canal, higher
|
b*****e
发帖数: 1125 | 15 VIX降得很快阿。
这年头玩的是心跳，只要VIX在30以下，还有的玩。 |
m******t
发帖数: 2416 | 16 I just read about an interesting point on seekingalpha that WB
is buying into the railway business maybe because he is anticipating
the oil prices to surge as the recovery develops, and if the oil
prices go to $120 or even $200 (compounded by a depreciating
dollar), it's going to kill the US truck industry and potentially
force us back to a railroad-based backbone. |
o*****c
发帖数: 241 | 17 咋玩现在的vix?
【在 b*****e 的大作中提到】
: VIX降得很快阿。
: 这年头玩的是心跳，只要VIX在30以下，还有的玩。
|
b*****e
发帖数: 1125 | 18 不是说玩VIX,我是指long equity. VIX高了，指数是上不去的。
【在 o*****c 的大作中提到】
: 咋玩现在的vix?
|
h****h
发帖数: 1168 | 19 trucking industry can charge sercharge, which is set by gov,
so oil price high benefits ups/fedex a lot.
in 2008, the sercharge is about 25% of the total price for fedex, huge
profit.
the key for them is volumn, which is the indicator of whole production.
【在 m******t 的大作中提到】
: I just read about an interesting point on seekingalpha that WB
: is buying into the railway business maybe because he is anticipating
: the oil prices to surge as the recovery develops, and if the oil
: prices go to $120 or even $200 (compounded by a depreciating
: dollar), it's going to kill the US truck industry and potentially
: force us back to a railroad-based backbone.
|
