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

To: Spekulatius who wrote (44610)	9/27/2011 10:12:30 AM
From: Jurgis Bekepuris	Respond to of 78667

You are somewhat right, but I wish it was so simple. BASFY is 58B company, HENKY is 18B, even MGDDY is 4B, so if Buffett doesn't buy them there is an implication that he thinks BRK to be cheaper / more attractive than these companies. OK, so you say these are international companies, but the same argument can be made about US companies: CMI 18B, CAT 50B, NEU 2B, ETN 13B etc. All of these were discussed on this thread and most of them might be "Buffett-attractive" from a glance. So once again it should concern us that Buffett does not consider these companies to be better investments than buying back BRK stock.

To: Spekulatius who wrote (44610)	10/4/2011 6:26:11 PM
From: E_K_S	Read Replies (1) \| Respond to of 78667

SEPTEMBER 26, 2011, 1:22 P.M. ET Buffett Adds Tesco Shares to Basket online.wsj.com From the article:"...Berkshire Hathaway Inc., Buffett's investment vehicle, bought 34 million shares in the group in the last week of August, valued at around £120 million ($185.5 million) at the time, raising its stake in the group to 3.64% from 3.21%, the person said...". ---------------------------------------------------------------------------------------------- TESCO PLC SPONS ADR (Other OTC: TSCDY.PK ) - Maybe I should buy back the few shares I sold 8/29 for $18.29/share. It's been over 31 days. I actually like SVU better but am bullish on the entire sector especially in a slow growth economy. The key is to buy at the right PE (less than 10 is good). TSCDY's PE is 11.63 w/ a forward PE of 10.63. I will add this name to my retail watch list since Buffet likes the name. However, I will be looking for an entry point in the $15.00/share price range. Stock tested a 52wk low of $16.25/share on 9/22/2011. The stock did trade in the $12.00/share to $16.00/share range in the 2008-2009 time period. EKS