Berkshire Hathaway Corporate Headquaters vs. Apple Corporate Headquarters

Berkshire Hathaway Corporate Headquarters located on the 14th floor of the above building

Apple $6 billion headquarters home of King Tim 'Buck Rogers' Cook. Apple now working on it's Tim Cook flying space mobile.


If I knew anything about  investments I would sell AAPL and buy BRK.A or BRK.B. I'll  always need some ketchup!


Did You ever hear the story ---

You are NOT allowed to commit suicide: Workers in Chinese iPad factories forced to sign pledges  

?

Read more: http://www.dailymail.co.uk/news/article-1382396/Workers-Chinese-Apple-factories-forced-sign-pledges-commit-suicide.html#ixzz2Rb2VHDXU
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I think I would like to pay a visit to this factory and do a documentary--'Cook and Me' -ala Michael Moore style. Oh, I know I shouldn't  do that. NO? I can't--...NO! But the last word in James Joyce's Ulysses is Yes. And the first word on the first page of  Ulysses is 'Stately' which has a 'yes' inside it. The title Ulysses also has a 'yes'.

 "INELUCTABLE MODALITY OF THE VISIBLE: AT LEAST THAT IF NO MORE, thought through my eyes. Signatures of all things I am here to read, ...''

                                                                                            James Joyce

STILL THE SAME: BANK STOCKS FOR VALUE AND THE LONG TERM

Questions:

Am I Confident on the nature of a business long term(staying power)?

Do I Understand a business like an owner?

Do I Understand the people running the business?

How many ideas does one need?

 diversification?

NO.

Diversification?

"it dumbs us down because we can't focus on a few things that can make a difference." --Bruce Berkowitz

Read more: http://www.marketfolly.com/2013/02/notes-from-bruce-berkowitzs-csima.html#ixzz2PoZ0gPNF

BAC, C, BK, AIG, MBI(it's underlying business is sound and worth more than a $13 stock price--worst case senario already priced in) COF, ...........WFC of course. RF too...

what if  the prices go down?  1 step down. 2 steps up.

I'll wait

Think hard.Spend 20 zillion hours thinking on BAC.

and Question because

The man who never alters his opinions is like standing water, and breeds reptiles of the mind.
William Blake

 

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.--Because I have a degree in literature! The "INELUCTABLE MODALITY OF THE VISIBLE: AT LEAST THAT IF NO MORE''!

Warren Buffett: Heinz Ketchup on Ore Ida Fries go good with a Coke

HEINZ(HNZ) only $28billion.

MC: 23.25B

EV: 23.42B

ROA: 8.7%

ROE: 35%

REV: 11.62B

Gross Profit: 4B

4B x 7years= 28B

earnings growth(yoy): 8%

These stats are only useful for a company with a"Sustainable competitive advantage" which is Heinz.

Heinz 1867-2067 celebrating 200 years.

Coke 1886-2086.

Apple 1976-2076?

MBIA Today

MBIA

  http://www.schaeffersresearch.com/marketcenters/optionscenter/content/option+bulls+mob+mbia+mbi/default.aspx?ID=114747&utm_source=rssfeed&utm_medium=rss&utm_content=dailyoptionsblog&utm_campaign=marketcenterfeed&c=obsfeed

 

 

When Buffett bought, Cramer sold-from Aug 15, 2011

AUG 15, 2011:

Aug 25, 2011: Buffett Buys $5 Billion in Bank of America Shares http://www.cbsnews.com/8301-505123_162-46840703/buffett-buys-5-billion-in-bank-of-america-shares/

January 2, 2013:

Buffett beat S&P 500 on this contrarian bet

Investment in Bank of America pays off big in 2012; 'a nice picture'  http://www.investmentnews.com/article/20130102/FREE/130109994

 CRAMERS CALL ON BAC:   "BUY" BAC at $14 (Jan 2011) and to "SELL" BAC at $6(Dec 2011)

Bruce Berkowitz February Stock Pick

Trades at less than one third book value



Core businesses generating 1% return on assets and 10% return on equity



Fortress balance sheet



Largest U.S. retail deposit market share and serves one in every two U.S. households

 Operates in all 50 states and serves clients in over 100 countries


.....Sound interestiing?


Click here for Company

What? Bank stocks Popular Again? Oh, my---

CNBC says today: "Though considered market poison just a few months ago, bank stocks have roared back as investors have chosen to look past the debt crisis in Europe and instead focus on whether the industry is finally ready to stage a comeback....."

" Bank of America trading below $5 a share as recently as Dec. 19, has surged 37 percent in three weeks."

That's a shame. The herd should remain in fear. Living in fear amongst the crowd is always so cozy.  And I made a big mistake. I should of bought more near $5. I was fool for not buying more. Last batch at $5.22.  But, who knows,- maybe --maybe next week, yes, it will go bankrupt --Zero hedge and Harold Camping --Zero Hedge and Harold Camping--Zero Hedge and Harold Camping I need you, now -- grotesque fear to fill the malcontented many. Because i want more more more at $4. Yes, $4!!

Cramer sez.......

Cramer touts Netflix in the $200 range, now says don't buy

Cramer touts Sodastream in the $60 range

Cramer touts WAG when it was above $40-then says don't buy when it went $27

Cramer touted Cisco back at $27

Cramer touts F at $15 then changes mind--worried at $10

Cramer touts BAC at $14.40 now says don't buy

Cramer says buy Hot Topic!

Cramer loved BBY above $40

Cramer sez buy GOOG over $600 then don't buy in the $400's, but Buy again when $600

Cramer says CANDIES

Cramer says Mobile Internet Tsunami

Cramer says C at $4.87($48.70) is 'mouthwatering" because C going to $12($120). When C hit $23 don't buy, don't buy-- Cramer sez C not going back to $30 so you better buy Heinz

Cramer sez sez cramer sez cramer sez who gives a flying duck what Cramer sez

Berkowitz knows: http://www.fairholmefunds.com/pdf/FDIC3QReport.pdf

DEALS

LINK: Bank Of America's Debt Exchange And PIIGS CDS Exposure

virtually nothing.

 "Explain to Todd how issuing Buffet 6% preferred and then buying back 8% preferred is a bad deal? If my math is right doesn’t that mean net/net that saves the bank $100M in interest annually? Also, how is a 4% dilution bad when it dramatically increases capital ratios and adds stability to the bank?"

In other news:


Violence Erupts as pigs Rush for Black Friday DEALS

For evil christmas shoppers squeel.


MY EXPOSURE TO THE PIGS ARE THOSE

WITH FEAR OF THE UNKNOWN

WHO DON'T KNOW WHICH

CREDIT DERIVITIVES ARE BOUGHT AND SOLD