I have been following BRK for a number of years and have not been a LTBH holder, but have profited from my investments in BRK over the years. With all of the chatter about short term purchases and sales (LTBH is dead?) I was wondering if there was anywhere where one could find a list of every stock acquisition and sale that BRK made going back in time. That might be an interesting and informative list!!
I checked WEB’s website but they do not have such a resource. I guess you could pour through each Annual Report but that would probably involve quite a bit of research.
Here’s a personal anecdote. I worked for Gillette IT a couple of times in my career. Both as a consultant and employee. It was a great organization, HQ in downtown Boston, and I had the opportunity to work with a bunch of very smart people. I also met my wife of 36 years while working there. I think it was back in the late 1980’s, that Ronald Perlman was trying to raid Gillette and Gillette management rebuked the offer.
Instead, Gillette management worked with Warren Buffet to take a controlling interest in the company which pushed Perlman out (or something like that).
Anyway, later in my Gillette career, I had the opportunity to meet with Upper Execs in the Corporate Boardroom. I was pretty impressed… One of the Execs told me that I was sitting in Warren’s seat. YIKES!!!
I wanted to check the seat for loose change, but only made a joke about it.
Once Warren had a controlling interest in the company, he brought in Jim Kilts as CEO who really polished up the Balance Sheet and guided the later acquisition of Gillette by P&G. Part of that deal was that Warren was required (as part of the agreement) to comment favorably on the acquisition of Gillette by P&G and that he was not going to liquidate his P&G holdings that he gained through the deal.
I had an opportunity to work with the P&G folks for a number of years until they put the pressure on me to re-locate to Cincinnati to join their Executive training program. No thanks!!!
BRK is back on my watch list but I’m waiting for a better entry point - somewhere around 270.
→ Nothing against Cincy - just bad timing and I’m a New Englander at heart!