Tuesday, July 22, 2014

Weitz Investment Management Comments on Berkshire Hathaway

Berkshire Hathaway (BRK.A)(BRK.B) is also an active acquirer, both at the parent company level and through its various subsidiaries. Warren Buffett (Trades, Portfolio) is holding cash reserves of $40-50 billion and has expressed strong interest in making more very large acquisitions. Berkshire recently agreed to swap its long-time holdings of the Washington Post Company (now called Graham Holdings) for a TV station and Berkshire shares held by that company. When completed, this tax-efficient transaction will reduce the number of Berkshire shares outstanding and add another cash generating asset to the fold. Berkshire is constantly growing and evolving as a group of operating businesses but also, in extreme stock market dislocations like 2008, Warren has the courage and capacity to make bold investment moves. Berkshire has been a holding in our stock funds continuously since our firm opened in 1983.

From Wallace Weitz (Trades, Portfolio)'s Q2 Shareholder Letter.

Also check out: Wallace Weitz Undervalued Stocks Wallace Weitz Top Growth Companies Wallace Weitz High Yield stocks, and Stocks that Wallace Weitz keeps buying
Currently 0.00/512345

Rating: 0.0/5 (0 votes)

Email FeedsSubscribe via Email RSS FeedsSubscribe RSS Comments Please leave your comment:
More GuruFocus Links
Latest Guru Picks Value Strategies
Warren Buffett Portfolio Ben Graham Net-Net
Real Time Picks Buffett-Munger Screener
Aggregated Portfolio Undervalued Predictable
ETFs, Options Low P/S Companies
Insider Trends 10-Year Financials
52-Week Lows Interactive Charts
Model Portfolios DCF Calculator
RSS Feed Monthly Newsletters
The All-In-One Screener Portfolio Tracking Tool
iPhone App MORE GURUFOCUS LINKS
Latest Guru Picks Value Strategies
Warren Buffett Portfolio Ben Graham Net-Net
Real Time Picks Buffett-Munger Screener
Aggregated Portfolio Undervalued Predictable
ETFs, Options Low P/S Companies
Insider Trends 10-Year Financials
52-Week Lows Interactive Charts
Model Portfolios DCF Calculator
RSS Feed Monthly Newsletters
The All-In-One Screener Portfolio Tracking Tool
BRK.A STOCK PRICE CHART 192613 (1y: +9%) $(function(){var seriesOptions=[],yAxisOptions=[],name='BRK.A',display='';Highcharts.setOptions({global:{useUTC:true}});var d=new Date();$current_day=d.getDay();if($current_day==5||$current_day==0||$current_day==6){day=4;}else{day=7;} seriesOptions[0]={id:name,animation:false,color:'#4572A7',lineWidth:1,name:name.toUpperCase()+' stock price',threshold:null,data:[[1374555600000,177249],[1374642000000,174581],[1374728400000,175441],[1374814800000,175926],[1375074000000,174505],[1375160400000,173566],[1375246800000,173900],[1375333200000,175700],[1375419600000,176500],[1375678800000,177300],[1375765200000,176855],[1375851600000,175200],[1375938000000,176551],[1376024400000,175100],[1376283600000,175748],[1376370000000,175725],[1376456400000,174755],[1376542800000,172799.9],[1376629200000,173122],[1376888400000,171501.11],[1376974800000,173000],[1377061200000,170800],[1377147600000,172206],[1377234000000,171320.46],[1377493200000,171000.5],[1377579600000,167350],[1377666000000,168585.5],[1377752400000,168050],[1377838800000,167050],[1378184400000,167993],[1378270800000,168259],[1378357200000,168240.56],[1378443600000,167565],[1378702800000,168880],[1378789200000,170489.44],[1378875600000,171340],[1378962000000,170000],[1379048400000,170155],[1379307600000,172500],[1379394000000,173299],[1379480400000,175005],[1379566800000,175825.51],[1379653200000,175000],[1379912400000,173539.9],[1379998800000,172500],[1380085200000,173368],[1380171600000,173600],[1380258000000,172210],[1380517200000,170410],[1380603600000,171028],[1380690000000,171500],[1380776400000,169995],[1380862800000,170743],[1381122000000,169455],[1381208400000,167452],[1381294800000,168205],[1381381200000,172485],[1381467600000,173605],[1381726800000,174200],[1381813200000,171920],[1381899600000,174872],[1381986000000,175286],[1382072400000,175400],[1382331600000,175120],[1382418000000,176140],[1382504400000,174600],[1382590800000,175021],[1382677200000,175435],[1382936400000,175400],[1383022800000,175991],[1383109200000,174340],[1383195600000,172994.8],[1383282000000,173122.5],[1383544800000,172089],[1383631200000,171754],[1383717600000,172220],[1383804000000,171090],[1383890400000,173201],[1384149600000,173485],[1384236000000,171211],[1384322400000,172150],[1384408800000,1733! 20],[1384495200000,174300],[1384754400000,173810],[1384840800000,173760.2],[1384927200000,172480],[1385013600000,174621],[1385100000000,174850],[1385359200000,173311],[1385445600000,174840],[1385532000000,174625],[1385704800000,174750],[1385964000000,172940],[1386050400000,172131],[1386136800000,173500],[1386223200000,173000],[1386309600000,174940],[1386568800000,175735],[1386655200000,173470],[1386741600000,171630],[1386828000000,171500],[1386914400000,171100],[1387173600000,171139],[1387260000000,170420],[1387346400000,174250],[1387432800000,174649],[1387519200000,175600],[1387778400000,175898],[1387864800000,176010],[1388037600000,176900],[1388124000000,177160],[1388383200000,177069.2],[1388469600000,177900],[1388642400000,176320],[1388728800000,176336],[1388988000000,174500],[1389074400000,174195],[1389160800000,173284],[1389247200000,172965],[1389333600000,172540],[1389592800000,170893.33],[1389679200000,172250],[1389765600000,173665],[1389852000000,172773],[1389938400000,172350],[1390284000000,172500],[1390370400000,172895],[1390456800000,170310],[1390543200000,168500],[1390802400000,168210.9],[1390888800000,169212],[1390975200000,168748],[1391061600000,170450],[1391148000000,169511.9],[1391407200000,165265],[1391493600000,164817],[1391580000000,164075.1],[1391666400000,166000],[1391752800000,169010],[1392012000000,169120],[1392098400000,170515],[1392184800000,170140],[1392271200000,172222],[1392357600000,172425],[1392703200000,172292],[1392789600000,170080],[1392876000000,169844],[1392962400000,

No comments:

Post a Comment