On Posco, Berkshire, and Buffett
On Posco, Berkshire, and Buffett
(via www.gannononinvesting.com)
A blog post discussing Korean steelmaker Posco (PKX) in response to the inclusion of that company's name in the table of Berkshire's major common stock investments found in Warren Buffett's annual letter to shareholders (just released). The post discusses Berkshire's 4% stake specifically and the Korean steelmaker generally.
I like the model you use for your suggestions.
More specifically I think your model of suggestions: Suggest Buying, Consider Selling, Best Guess, and Suggest Selling,is actually actionable for the average investor. Of course the reader would have to agree with or have absolute faith in your assessment of the company in order to deploy capital, but that is true of any recommendation. Thumbs-up.