Comments on: Berkshire Hathaway Portfolio Holdings as of September 30, 2008

By: WIR - Week of the Automarkers | Investing School

WIR - Week of the Automarkers | Investing School — Sat, 22 Nov 2008 02:17:56 +0000

[...] Want to learn from the legendary stock investor Warren Buffett? Fat Pitch Financials summaries what Mr. Buffett has done with Berkshire Hathaway’s investments in the 3rd quarter of the year. [...]

By: peter xyz

peter xyz — Wed, 19 Nov 2008 18:40:45 +0000

Berkshire hasn’t increased its USG position as there is (from memory) a poison-pill in place. It was originally set at the 15% ownership level (back in the early 2000′s) – I think there was leeway on this figure when Berkshire underwrote the $40 rights offering, so ownership may have moved up somewhat at that time.

By: Davy Bui

Davy Bui — Tue, 18 Nov 2008 06:31:42 +0000

George,

Buffett’s oil position is reassuring, at least for me. Note that as oil makes new lows, even today, most of the oil/gas stocks are still off their lows. I’m not a technician or anything so I don’t know if that means anything. From a fundamental view, it looks like the oil sector is pretty undervalued and unless human civilization falls off in the next decade or so, these stocks are too cheap.

I’m glad to have Warren on my side of the trade.

By: Chad

Chad — Tue, 18 Nov 2008 03:33:19 +0000

The Carmax reduction is particularly interesting. What changed? Mostly credit conditions. Will that materially affect their business? Perhaps, though if people can’t get credit, then they’ll have to buy the car they can afford without financing–probably a used car.

A second change is that new car sales are at historic lows. This also strikes me as a boon for used car dealers. The cars must come from somewhere.

By: I’ll Pass on Eaton Corp (ETN), for now — Old School Value

I’ll Pass on Eaton Corp (ETN), for now — Old School Value — Mon, 17 Nov 2008 19:09:28 +0000

[...] Eaton Corp (ETN). This is a small stake when compared to Berkshires other purchases. As George from Fat Pitch Financials mentions, the question remains as to whether this is a Buffett pick or from a [...]