Value Investing News - FRE - Comments

Re: Fannie Mae and Freddie Mac Buyout

George — Tue, 09 Sep 2008 10:26:03 -0400

"...if Bear Stearns was an 8.5 on the Richter, the financial Richter scale, this was about a 9.9 or something of the sort," commented Buffett. I new this event was very significant, but I'm suprised to see Buffett give it a 9.9 out of I'm assume 10. I'm really surprised to see that everything is still holding together today in the markets. Some hedge funds must have blown up on this one.

Great post, you did a hell

mrt253 — Mon, 08 Sep 2008 12:41:31 -0400

Great post, you did a hell of a lot of research.

George, Sears may not have

rwmcpar — Thu, 28 Feb 2008 17:56:36 -0500

George, Sears may not have a moat in the traditional sense (ie. USG has a pretty large moat on Sheetrock products, Walmart has a moat on its economy of scale )but is it possible that they have a moat in their land holdings. I know that this is a fairly common argument among Sears shareholders, in other words, that Sears holds 1/5 of the mall space in America but that is fairly large for one retailer. hmmm....I guess i'm just stuck between its assets and its "failing" business.

SHLD is not a DCF stock, it

alexg — Wed, 27 Feb 2008 21:51:11 -0500

SHLD is not a DCF stock, it is an asset play, both land and brand values.

http://www.contrarianvalueinvesting.com/

No Sears in the Fat Pitch

George — Wed, 27 Feb 2008 18:49:14 -0500

No Sears in the Fat Pitch Financials Port since it has no moat. Buffett has noted that when a good management meets a bad business, it is the reputation of the business that generally prevails.

I just hope everyone doesn't

rwmcpar — Wed, 27 Feb 2008 17:19:46 -0500

I just hope everyone doesn't have a bad case of goupthink on sears. I don't really care how smart Lampert is, Sears Holdings its still a failing business and until it starts getting some positive cash flow its still a dicey one.

Reply

rwmcpar — Sat, 01 Dec 2007 10:50:10 -0500

Although GS will come out a major winner lets not forget that they managed to be only one step ahead. While Wall Street was talking about CDOs they just recognized that it was bad and took it one step further. BRK on the other hand has maintained a level of standard that is unparalleled. I think it goes to show the incredible restraint that Buffet and Co. have.

Now I understand that that I just summarized the entire article but I feel it is worth reiterating again and again and.....

Response to George

Bridge Street — Fri, 30 Nov 2007 15:19:29 -0500

Good question - I devoted Vol. 3.14 of the Bridge Street Journal to providing my thoughts.

Who Planned Correctly?

George — Thu, 29 Nov 2007 12:01:23 -0500

So the question is who actually prepared for this financial drought? I think Goldman Sachs and BRK did. Any other financials?