Einhorn Versus Buffett: a Great and the GOAT on AAPL

David Einhorn recently issued his investor letter for the third quarter, generating media reports concerning the contents.  He reportedly compared Tesla to Lehman Brothers (I recently discussed Tesla here).   He also went on to discuss his decision to liquidate his Apple (“AAPL”) position.  See CNBC story reporting on letter.

Einhorn’s stated reasons for this move, the process and circumstances surrounding this action, as contrasted with those of Buffett’s AAPL investment, led to a couple of observations. Continue reading “Einhorn Versus Buffett: a Great and the GOAT on AAPL”

I Pick Things Up and Put Them Down: August 2018 (Savings and Investing Diary)

It is time, yet again, for the monthly airing of my private financial laundry.  My hope is that maintaining a journal of my savings will help provide additional motivation to save and allow me to spot trends.  It will also serve as a record, so that I can look back and analyze.   This time, I’m also going to sprinkle in some investing observations and curate some finance media for you. Continue reading “I Pick Things Up and Put Them Down: August 2018 (Savings and Investing Diary)”

Back in the Saddle (Savings Diary)…July 2018

It is time, yet again, for the monthly airing of my private financial laundry.  My hope is that maintaining a journal of my savings will help provide additional motivation to save and allow me to spot trends.  It will also serve as a record, so that I can look back and analyze.   Continue reading “Back in the Saddle (Savings Diary)…July 2018”

Media Curation – Baby Buffett Book

I have been reading, watching, and listening to a fair amount of finance media lately. But for this post we’re going to go back in time a bit, because I want to make sure this one did not escape our attention.  It is also topical for an investment I am currently pondering. Continue reading “Media Curation – Baby Buffett Book”

Investing Diary: Macro Trippin’

A little trade war angst has spiced things up a bit in the markets lately.  So…I bought some stuff.  Also, Barron’s had a negative Berkshire article suggesting some dramatic changes for Buffett, complete with recommendations about how to deal with his “cash problem.” Continue reading “Investing Diary: Macro Trippin’”

Pod-tastic!

You knew that title was coming, didn’t you?  It’s time for me to highlight another interesting podcast.  [I wanted to get this out, so I can follow my usual tradition of posting at around 5:00 p.m. on Friday night.  That’s a good technique, right?]

The Berkshire Hathaway Annual meeting is this weekend (if you’re unable to attend, Yahoo Finance will be streaming the festivities).  So I thought we would look at some interviews related to the author of a book being featured in the Bookworm this year. Continue reading “Pod-tastic!”

Bet with the GOAT or the goats on AAPL?

The Financial Times Alphaville Blog is a great read and you should consider adding it to your roster. It is not behind a paywall, so check it out (I also subscribe to the FT). Today, Alphaville published The world is overweight Baba, which prompted another thought about Buffett, his opportunity set, and Apple (“AAPL”).  Continue reading “Bet with the GOAT or the goats on AAPL?”

I’m Just Saying…Berkshire Annual Report Edition.

So the Berkshire Hathaway Annual Report came out yesterday.  Here’s a link to the PDF.  This will, no doubt, be dissected elsewhere more capably.  I do, however, have a few thoughts to share on cash levels, Buffett’s comments about indexing/destruction of high fee options, and his comments on acquisitions/management.   Continue reading “I’m Just Saying…Berkshire Annual Report Edition.”