Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jurgis Bekepuris who wrote (30818)	5/2/2008 12:27:42 PM
From: E_K_S	Read Replies (1) of 78652

Hi Jurgis - I am not sure if Buffet still has his $real/$US holdings, but according to this article it implies he still has the position on. zimbio.com From the article: "...In the time period spanning 2002-2007, the U.S dollar has lost half of its value against the real. Berkshire Hathaway raked in $100 million during 2007 with its holding of the real since the value of it rose 26% during the past 12 months. With the real already up 6.7% this year, the future continues to look promising in regards to Buffett’s holding....". ============================================= I guess a $100 million profit could be considered in material for the size of his portfolio. It's not clear if Buffet has any positions in companies located in Brazil as certain foreign & private company holdings do not always show up in his SEC filings (ie TescoPLC in UK). Perhaps his stock holder's letter for 2008 that will be released next week might shed a bit more light on his foreign investment holdings. It will be interesting to see what comes out of this meeting. I think CNBC will be covering the event. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next