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Replies to #167 on Long Term Stocks

gfp927z

02/20/24 9:49 PM

#168 RE: bar1080 #167

Bar, Will do, although that poster 'Discover Gold' will probably announce the mystery stock within a millisecond of it being reported on the quarterly report :o) I think he must work for a stock advisory service or something.

Btw, this board 'Long Term Stocks' I originally wanted to call 'Berkshire Buffett', but that name was nixed by I-Hub since there is already a Berkshire board. But I use this board to store Berkshire related articles and stock lists.

I bought a lot of the Berkshire owned stocks (highlighted in red on the lists), but was surprised when Buffett sold a bunch of these great long term stocks over the past year, including -- Johnson & Johnson, Marsh & McLennan, Mondelez Intl, Procter + Gamble, and he also sold some AON. Fwiw, I decided to keep all of those, although only small positions.

Fwiw, I've become reluctant to buy most the new Berkshire picks since I figure these small positions are likely from the new guys, Weschler and Combs. They may turn out to be fine stock pickers, but it's still early compared to Buffett's proven track record. But I also don't understand the appeal of some of Buffett's long time holdings, but then he's the Oracle.




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