To: Berney who wrote (6182 ) 6/18/1999 11:13:00 AM From: MonsieurGonzo Read Replies (2) | Respond to
TB:" when the Aliens land, they'll eat the fat ones first "Re: Things go better with Coke. The amazing thing is that the recall was reported last weekend and the stock was actually up on Monday. You know it is going to have a impact on the earnings. I just hope they push it back up to $70 before the earnings... KO and G getting hit, it's the sage of Omaha who's getting hurt: BRK.B - Berkshire Hathaway shares are at ~0.0% gain YTD. The old brokers with whom I occasionally break bread, and who have no love lost for Monsieur Buffett, (as the young brokes now disparage SPYders & QQQubes and VFINX index funds), like to say that "consumer cyclicals" investing is passe . Perhaps Barron's will continue to lionize him but, I've been dumping BRK.B all year; the stock is sitting right on its 200d EMA.Dude, I see no reason not to get out of dodge if that is what you desire. It should not be a tax issue... estate taxes if they see a sale 3x the declared taxable basis. That, and the "two year rule" you mentioned have conspired to motivate us to sit on it for awhile. There is no outstanding mortgage, so the only expenses are property taxes, insurance and utilities.potential for development that was undeclared in the Estate Inventory, and which my advisors see as some possibility of getting hit up for even more obscene estate tax re-assessments - god knows they gutted me like a fish when the estate taxes came due a few months ago.
