OT: Good For Buffet

#1 06-26-2006, 01:45 PM

Quote:

Originally Posted by randallscott35

Warren Buffet, Tim.

And no I would not gamble any inheritance. And for the past 6 or 7 years I have been clear to both of them to enjoy themselves and spend every penny they have or give it to wherever they want. I wouldn't feel badly at all if I got absolutely nothing.

Who is Warren Buffet? You cant be serious. He owns Berhshire Hathaway. He is only the 2nd richest man in the world.

This is a very nice gesture by Buffet and he has given millions to charities in the past. However, you have to read behind the lines. He is getting ready to announce a successor to his company and he is getting ready to move his assets in case of his demise. In the letter Buffet wrote to Bill and Melinda Gates, he wants all the money distributed in the year in which he donates and not added to the foundation's assets for future giving.

Gander · #2 06-26-2006, 01:49 PM

Read the original post sir. He never used the man's first name sir.

When I hear "Buffet", I think of the all you can eat kind. Not the guy who owns Oracle of Omaha.

Bershire Hathaway? I have never heard of this horse. Where does he/she run?

#3 06-26-2006, 01:50 PM

Quote:

Originally Posted by Gander

Read the original post sir. He never used the man's first name sir.

When I hear "Buffet", I think of the all you can eat kind. Not the guy who owns Oracle of Omaha.

Bershire Hathaway? I have never heard of this horse. Where does he/she run?

Buffet is the Oracle of Omaha. BH is the company. The big guys play in Berkshire Hathaway A, us little guys own some BH B. BH A is actually $90,000 a share.

#4 06-26-2006, 01:53 PM

Quote:

Originally Posted by boldruler

Buffet is the Oracle of Omaha. BH is the company. The big guys play in Berkshire Hathaway A, us little guys own some BH B. BH A is actually $90,000 a share.

I can remember when BH A was $122k per share.

#5 06-26-2006, 01:55 PM

Quote:

Originally Posted by eurobounce

I can remember when BH A was $122k per share.

I can feel any sympathy for anyone that owns it. They are all retired millionaires. There are some great stories about working class people buying in when he started and now are loaded. Too bad I didn't grow up next to a guy like that.

Gander · #6 06-26-2006, 02:00 PM

I would love to own any stock right about now

#7 06-26-2006, 02:09 PM

Quote:

Originally Posted by Gander

I would love to own any stock right about now

Stock market is the old way of making money. It is a vehicle for some sort of retirement these days unless you are super loaded. There are a couple of stocks out that that I like. One symbol is TCBK. It is a bank in California. The other is SIRI--Sirius Radio. Both are pretty cheap. Of course you could always short an oil stock once a Democrat gewts elected.

Gander · #8 06-26-2006, 01:54 PM

Does Ken Nesky still train Berskhire Cat, Berkshire Princess and Berkshire Highway?

#9 06-26-2006, 01:51 PM

Quote:

Originally Posted by Gander

Read the original post sir. He never used the man's first name sir.

When I hear "Buffet", I think of the all you can eat kind. Not the guy who owns Oracle of Omaha.

Bershire Hathaway? I have never heard of this horse. Where does he/she run?

Not sure if you are joking, but Bershire Hathaway is the name of his company and Oracle of Omaha was the horses name. If you were joking (which I think you are) it is pretty funny.

#10 06-26-2006, 01:54 PM

Tim he doesnt own Oracle of Ohama, Klaravich does. They name all their horses after financial market terms or market related things.
As far as I know he never owned any horses either.

Pointg5 · #11 06-26-2006, 02:16 PM

Quote:

Originally Posted by Gander

Read the original post sir. He never used the man's first name sir.

When I hear "Buffet", I think of the all you can eat kind. Not the guy who owns Oracle of Omaha.

Bershire Hathaway? I have never heard of this horse. Where does he/she run?

Don't let Kycherub get you bent Tim...

Gander · #12 06-26-2006, 02:22 PM

I dont think there the same people Point.

Euro is in the oil change business and Kycher gives back rubs to high school chicks.

Unless this guy has one crazy imagination.

Pointg5 · #13 06-26-2006, 02:25 PM

Quote:

Originally Posted by Gander

I dont think there the same people Point.

Euro is in the oil change business and Kycher gives back rubs to high school chicks.

Unless this guy has one crazy imagination.

As Root pointed out KY once was a stockbroker from Cincinnati, he's got all kinds of imagination.

Gander · #14 06-26-2006, 02:28 PM

Another huge difference is Euro is nice to Oracle. Kycher was not.
And Kycher was very cheap and didnt bet more than a dollar or two per race. Euro seems like he "sends it in".

#15 06-26-2006, 02:29 PM

Quote:

Originally Posted by Gander

Another huge difference is Euro is nice to Oracle. Kycher was not.
And Kycher was very cheap and didnt bet more than a dollar or two per race. Euro seems like he "sends it in".

Euro is NO way Ky. Euro has knowledge of racing. Ky didnt know that they had allowance races for two year olds until someone told him.

#16 06-26-2006, 02:33 PM

Quote:

Originally Posted by Gander

Another huge difference is Euro is nice to Oracle. Kycher was not.
And Kycher was very cheap and didnt bet more than a dollar or two per race. Euro seems like he "sends it in".

We had a pretty good weekend Gander. Mighty Beau scared me a little yesterday but I am lucky he didnt show up.