Thursday, March 14, 2013

Berkshire Hathaway Q1/Q2 2012: Warren Buffett

An America conglomerat and investment company

When I started working with stocks I decided to take a look at some of the big guys in the business and happily one can fairly easily do that by going to the homepage of SEC in the US. If they have a capital of around 135 million $ then they each quarter has to file how many stocks they have. By looking at the changes one can then observe which stocks they are buying and which ones they are selling. As a small investor on can probably very well follow them because they are shifting so many stocks. Both when buying as well as selling that one can get a price very similar to them and should therefore not loose out too much by doing so.


It is a clever approach and if I would have lived in the US I think I would have directly started to buy the same stocks as Warren Buffett. For me in Germany I just have to pay too big fees and will just stick to observing them.


Personally I prefer to listen more to Charlie Munger than to Warren Buffett. Charlie are telling truths more straight on than Warren. I once saw an interview with Charlie were he said: "Berkshire Hathaway has, if you look at the big bulk of stocks, not performed much better than index. The biggest gains have arrived from 20 stocks. Warren and I have worked together for 40 years. That means one stock every two years was a real winner the rest of them performed like index." Freely from memory so there might be error. Still I found that interesting and I then also realised that it would be impossible for me. Maybe it would be possible for me to buy 1 or 2 of the stocks they had but not all of them and if I can not buy all of them what is the chance then that I pick that one stock that arrive every two years?

ADDED = increased the quantity of stocks in that company
MINUS = decreased the quantity of stocks in that company
OUT = they no longer have any stocks left of that company
NEW = they have started to step into a new company and are buying stocks


Stocks Q2 2012
 
American Express
Bank of New York Mellon Corp ADDED
CVS Caremark Corperation MINUS
Coca Cola Co
Conocophillips MINUS
Costco WHSL Corp New
Davita Inc ADDED
DirecTV ADDED
Dollar Gen Corp New MINUS
Gannet Inc
General Dynamic Corp
General Electric MINUS
General MTRS Co
GlaxoSmithKline
Intel Corp OUT
International Business Mach ADDED
Johnson & Johnson MINUS
Kraft Foods MINUS
Lee Enterprises Inc NEW
Liberty Media Corporation ADDED
M&T BK Corp
Mastercard Inc
Moodys Corp
National Oilwell Varco Inc NEW
Phillips NEW
Procter & Gamble Co MINUS
Sanofi
Torchmark Corporation
US Bancorp Del
U S G Corp
United Parcel Service Inc MINUS
Veriska Analytics Inc MINUS
Viacom Inc New ADDED
Visa Inc MINUS
Walmart Stores Inc
Washington Post Co
Wells Fargo & Co New ADDED
Ingersoll Rand Plc MINUS

Stocks Q1 2012

American Express
Bank of New York Mellon Corp
CVS Caremark Corperation
Coca Cola Co
Conocophillips
Costco WHSL Corp New
Davita Inc
DirecTV
Dollar Gen Corp New
Gannet Inc
General Dynamic Corp
General Electric
General MTRS Co
GlaxoSmithKline
Intel Corp
International Business Mach
Johnson & Johnson
Kraft Foods
Liberty Media Corporation
M&T BK Corp
Mastercard Inc
Moodys Corp
Procter & Gamble Co
Sanofi
Torchmark Corporation
US Bancorp Del
U S G Corp
United Parcel Service Inc
Veriska Analytics Inc
Viacom Inc New
Visa Inc
Walmart Stores Inc
Washington Post Co
Wells Fargo & Co New
Ingersoll Rand Plc

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