All things STOCKS

[SayUWantAreVOLution]

This doesn't make you pause a bit?

View attachment 719177

I look at that graph, then I see this clip of Buffett and I'm just wondering what changed in the last quarter or two. Thoughts?

 

[05_never_again]

View attachment 719392

I thought this was funny.

So many on Twitter became overnight tariff experts to have it all go away 24 hours later. This was on the heels of them become aviation safety experts and wildfire experts just before that.

 

[mrorange211]

So many on Twitter became overnight tariff experts to have it all go away 24 hours later. This was on the heels of them become aviation safety experts and wildfire experts just before that.

It's bad for my brian but I can't quit twitter because of this. It's too good.

 

[tbh]

So many on Twitter became overnight tariff experts to have it all go away 24 hours later. This was on the heels of them become aviation safety experts and wildfire experts just before that.

Just think: Previous generations had to stay at a Holiday Inn Express for a night or two. Now, instant expertise is in the palm of one's hand with X-Twitter. We have achieved so much and come so far!

 

[mrorange211]

I look at that graph, then I see this clip of Buffett and I'm just wondering what changed in the last quarter or two. Thoughts?

Honestly, I have no idea except I don't like the idea of being on the opposite of a trade from Buffett. His comments on cash are well-known and now he has the highest percentage of cash for his fund ever. So....I just have no idea. Look at PLTR today. No one knows wtf is going on anymore, so maybe times have changed and his model no longer applies?

 

[05_never_again]

It's bad for my brian but I can't quit twitter because of this. It's too good.

I absolutely love Twitter (I refuse to call it X). It gets a bad wrap, IMO. What I've noticed (and maybe this is true for internet culture at large) is that people who take themselves or life too seriously struggle with it.

 

[SayUWantAreVOLution]

Honestly, I have no idea except I don't like the idea of being on the opposite of a trade from Buffett. His comments on cash are well-known and now he has the highest percentage of cash for his fund ever. So....I just have no idea. Look at PLTR today. No one knows wtf is going on anymore, so maybe times have changed and his model no longer applies?

As a non studious investor, what troubles me about the graph you posted vs what Buffett has said is the amount of cash Berkshire is hoarding isn't just a little over what they've held before, it's double or more what they've held before.

It's not just a little bump in cash while he gets ready to move on a deal, it's a massive pile of cash this time.

If he's plotting to buy something outright, it must be as big as a whale.

 

[Thunder Good-Oil]

As a non studious investor, what troubles me about the graph you posted vs what Buffett has said is the amount of cash Berkshire is hoarding isn't just a little over what they've held before, it's double or more what they've held before.

It's not just a little bump in cash while he gets ready to move on a deal, it's a massive pile of cash this time.

If he's plotting to buy something outright, it must be as big as a whale.

He could buy the rest of OXY for about $50-$75 billion and build a couple of refineries at $15-$20 billion each.

 

[SayUWantAreVOLution]

He could buy the rest of OXY for about $50-$75 billion and build a couple of refineries at $15-$20 billion each.

I'm not sure you need to bump cash up to $350B to get that done but perhaps?

 

[Thunder Good-Oil]

I'm not sure you need to bump cash up to $350B to get that done but perhaps?

You don’t. But I won’t be surprised if he’s delving into energy in a big way. With the mega, big oil companies out there (and the Trump administration) tge regulatory aspect shouldn’t be a problem. He could be eyeing pipelines to fully, vertically integrate. Build more Pilot Travel Centers at the downstream end. Grow OXY upstream.

Buying or building a renewable footprint and an electric charging network could be a plan that costs hundreds of billions along with the other pieces I’ve mentioned.

 

[KnoxLandcruiser]

Many many years ago I bought some Laredo Petroleum ticker LPI thinking they might get scooped up when oil deals seemed to be happening. I’ve sold it at pretty significant gains and bought back in…sold some for a loss bought some more. It’s been a speculative trade all along thinking it might get bought out. They own a good bit of acreage in the permian basin. They make money. They changed the name to Vital Energy ticker VTLE a couple of years ago. Rebranding I suppose. I clearly don’t have the research skills to figure this stock out. They’re making money, stock trades at only 2x earnings. 23% of float is shorted…maybe because of concerns with their debt structure. Weird stock that seems like it should trade at least 5x earnings.

Unlikely, but if anyone had any insight on this stock I’d be curious to hear thoughts.

 

[SayUWantAreVOLution]

You don’t. But I won’t be surprised if he’s delving into energy in a big way. With the mega, big oil companies out there (and the Trump administration) tge regulatory aspect shouldn’t be a problem. He could be eyeing pipelines to fully, vertically integrate. Build more Pilot Travel Centers at the downstream end. Grow OXY upstream.

Buying or building a renewable footprint and an electric charging network could be a plan that costs hundreds of billions along with the other pieces I’ve mentioned.

You may be right, but that's a historic pile of cash, especially for Buffett.

Part of me thinks he might be setting up the next CEO with a "sandbox" to take the company to the next era but everything I've seen says the most likely CEO candidates are basically clones of Charlie Munger and Buffett.

Anyway, I like to read, not comment, here because I'm not at all as learned as you guys.

 

[Thunder Good-Oil]

You may be right.

I’m not predicting it. I’m just saying it’s a possibility for why he’s been building up the cash position. They’ve spent a few tens of billions on Pilot/Flying J and the non-reportable stake in OXY. Apparently OXY is supposed to have earnings decline in the next fiscal year. So it registers that he’s waiting before going for a takeover.

He’d have an advantage over existing refineries that are configured to process the thick goo from Venezuela. New refineries haven’t been built since fracking/shake have created the oversupply of light sweet.

But he could just as easily be planning to expand the home construction division or (always) insurance.

I’ve thought that he might also just be accumulating a war chest of cash for his successors to work with.

He’s identified 3 types of investments. Cash and bonds - assets that are valued in currency. Things like gold (and now maybe crypto is in that group) - assets that don’t produce things that you hope someone will pay more for than you did. And the only thing that he really likes - assets that produce something. Like farms and factories.