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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (38158)	6/3/2010 10:23:21 AM
From: Spekulatius	Read Replies (1) \| Respond to of 78602

USG - I do not think that Buffet made good returns on that one - he bought post bankruptcy and also participated in a secondary (acted as backstop ?). He may have added shares as high as 40$. I think he initially was attracted to their large market share and their claims to be low cost leader in sheetrock. I think imports and the decline in construction pretty much overcame these factors. I think it was pretty much a malinvestments. I think you could calculate BRK's average cost from his filings.