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BERKSH. H.B NEW DL-,00333BERKSH. H.B NEW DL-,00333BERKSH. H.B NEW DL-,00333

BERKSH. H.B NEW DL-,00333

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Buffett year in review: O $224.99 H $234.99 L $159.50 C <=>$230Buffett year in review: O $224.99 H $234.99 L $159.50 C <=> $230 Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel www.tradingview.com
NYSE:BRK.B
by Options360
Value investing toolkitHello Investors! This educational post is about my toolkit developed for filtering out the almost perfect applicants for further analysis and research in the light of the principals of value investing. The work is based upon Warren Buffett's principals, calculations and recomendations. After publishing my two previous posts on the "Value investing chart set" and the "Intrinsic value calculation" I have received a lots of positive comments and feedbacks. Alongside the encouraging comments I have received quite a lots of requests to share the chart layout and the other scripts I am using while compiling the chart set I have introduced. I have promised to further develope both tools and come up with an even more powerfull toolkit. Now it is here! :-) I have combined the already published Intrinsic value calculation script with the Value investing chart set and further developed both on the way! This setup now is way more powerfull and exciting and is loaded with features as described below. First of all: here is the public link to the shared chart layout setup: www.tradingview.com Which company could be more adequate for the introduction of a value investing toolkit than Berkshire Hathaway, the company of Warren Buffett? It is not just an honor to use this ticker for educational purposes but aparently -as you can see during the analysis- it makes a perfect long term investment! What a surprise, right? :-) Here I will only explain all the new features of this chart as there is a very detailed explanation of both the Intrinsic value calculation script and the Value investing chart set in those two posts. You can find the links for them below. SO! Obviously the biggest developement is poping into your eyes right away: I have programed a value investing analysis tool into the chart so whenever you enter a ticker, the toolkit will supply you with an instant assesment on the given ticker. Of course it is a very basic tool and can only supply you with a preliminary overview on the company and does not, in any way substitute detailed and troughly research before you make any investment decission! - The assessment is based on the principals Warren Buffett, Ben Graham layed down. Some of Peter Lynch's work has been used, too. - The tool is using a rather conservative approach as the main goal is to maintain the capital invested and only additional to that to produce adequate gain on the long run In general: if you see a green labell with the text 'Possible subject for firther research' than you have found a company which passed a conservative test and is worth for further study. Needless to say that if you see a red label with the text 'XX NOT RECOMENDED XX' and a bunch of reasons below, why (overvalued - overpriced - debt risk) do not rush to your broker to put your life savings on it. To give you an example, here is how Google is evaluated today: In order to get the green light a company has to meet the following, rather strict criterias: - Valuation: The current price of the stock has to be below the Intrinsic value. (In this case $224 closing price vs. $426 for the Int. value) This line will precisely tell you how far the price is from the Intrinsic value, in other words, it will tell you your margin of safety when investing to the company on today's price level. In this example it is 90% - Pricing: The close price has to be below the "Buffetts limit price" indicator. To make it short Graham and Buffet stated that the number you get when multiplying the Price to Earnings (P/E) ratio with the Price to book (P/B) ratio has to be below 22.5 in order to consider the given share cheap. This line will tell you how far the price is from the Buffetts limit price. This case it is 61%. ($224 vs. $361) - Debt risk: The company has to have much less debt than equity in order to qualify for long term value investing. The limit here is 1, meaning that the company has to have more equity than total debt. If this is not the case, the company fails the test. (This can be taken a little flexible as certain industries, like banking and insuarance by definition deploy a lots of debt instruments without risking their long term profitability or sustainability) In the example of Bershire this is 0,27 meaning that Berkshire has more than 3 times more equity than debt which is needless to say a more than perfect setup. (What do we expect from Mr. B, right?) These are the first 3 deciding criterias where a company can fail the test. Any of those turn to be out of range, you will get a red labell with a big fat NO recomendation. And most of the time this is going to be the case... As for the other points you will get more inside peek into the state of the company: - Price/book: this line will tell you if the price is still below the 1.5 times book value point. This is the highest price what value investors find comfortable paying. If the P/E value is very low for the share you might run into a situation where the Buffetts limit (P/E times P/B) is still low (below 22,5) but the stock is rather overpriced. You will not get a red labell here, only a 'Caution' warning and a grey label, instead of 'GOOD!' - Earnings: you will get an opinnion on the earnings here. The main criteria to get a 'GOOD!' evaluation is to have a growing level of EPS in the last 5 years. - Revenue: It is very important to invest in a company which is able to grow it's revenues steadily. This line will analyse that and will tell you if it wouldn't be so. - Profit & loss: Although it is not a deciding factor but a value investor should avoid investing to companies that were producing losses in the past decade or so. This line examines the last 5 years in this respect. - Dividend: The one and only point where Berkshire fails the test! :-) As Warren Buffett used to say: I am not paying income tax, Berkshire doesn't pay dividend... :-) Poor guy! Since we are investing for a very long term it is imperative that we top the gains we might have over the years with the 3-4% dividend p.a. As you can see here, there is a Warning! comment should the company fail in paying dividend. - Number of shares: Here you will see a quick analysis on the share buyback habits of the company/management. Again, what we examine here is wether the number of shares outstanding is less than 5 years ago or more which means that the company is buying back it's shares thus help investors to maintain equity. So entering your choosen ticker you should have an instant overview if the company can supply you with the value investing criterias or fails in this field. One very instructive exercise is to click through the leading blue chip stocks with this valuation toolkit and see how hugely overvalued they are at the moment. Some further developements I made in the mean time: - I have automated the calculation of the book value growth with finding the very first data point regardless when it happens. In this way you do not have to enter any parameter and you can simply click conveniently from one ticker to the other without reentering the needed inputs. Hopefully it doesn't matter which pricing structure you are in at TradingView. Free acounts will use 5 years data. - I have included a 4th pane just below the main pane. This shows the revenue of the company in 3 way: the white line is the anual values, the grey line is the quarterly data and I have also added the red line showing the TTM (trailing twelve month) figure in order to visualise the very recent trends in the revenue of the company. - The same way I have added the TTM figure on the lowest pane to the EPS figure, for the same reasons. - I have added explanatory labells to the right of the charts showing the actual value of the indicators, like the Intrinsic value, Buffetts limit, and book value. - Should either the Book value or the EPS figure be negative for the current year the script will issue a red label without any data regardless the other values as the Buffetts limit can not be calculated. (Negative numbers does not have square roots and that is required to calculate the limit price back from the P/E and the P/B values) One final remark: this toolkit is as complete as my knowledge is about value investing. It is a purely educational tool, not in any way intented to be investment advice. I do use this tool and for instance I do have position in this example company Bershire Hathaway at the time of writing this post. You have to make your own research and decision when it comes to investing your money. For further explanation on the Intrinsic value calculation please check my earlier post here: For further explanation on the Value investing chart set please check my earlier post here:
Editors' picks
NYSE:BRK.BEducation
by PeterNagy
108
Berkshire Hathaway Good Entry Buy I am a consultant for anyone who needs a consultant, I see that Berkshire Hathaway will GO UP in the next few HOURS when the market open NB: 1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position 2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!) 3, you can try me for one or two weeks to decide to work with you and give you signals about buying or selling
NYSE:BRK.BLong
by soufianchiekh
Berkshire Hathaway stock priceBerkshire Hathaway stock has been moving to higher grounds as expected and mentioned in my last stock technical analysis update. As expected the strong demand imbalance created at $175 per share has played out very nicely. Berkshire Hathaway stock price has been moving much higher managing to break all-time high again. Warren Buffet and most of his clients must be very happy people again. As explained in a previous forecast for Berkshire Hathaway, we expected the stock to rally strongly from $176 per share and so it did. The all-time high has been broken and created another strong imbalance around $209 per share. Will Berkshire Hathaway stock price drop down there? We will see. Given the bullish strength of all US indexes, It might continue to rally much higher creating new imbalances.
NYSE:BRK.BLong
by AlfonsoMoreno
Berkshire Hathaway Good Idea Buy I am a consultant for anyone who needs a consultant, I see that Berkshire Hathaway will GO UP IN FEW days when the market open 1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position 2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!) 3, you can try me for one or two weeks to decide to work with you and give you signals about buying or selling
NYSE:BRK.ALong
by soufianchiekh
5 rules that made Warren Buffett so rich by James AltucherI posted an idea about the Myth of Warren Buffett Buy & Hold a while ago. Here is a general description of how he became so rich by James Altucher. James Altucher is a wall street investor with a lot of hair. You might know him from recently saying New York was dead forever on television, and some actor insulted him on tv because of this. You might also know him from his books and articles, including one of my favorite articles which is him ranting on daytrading explaining why it is so distasteful. He used to be a day trader in the 90s when it was in its early days and made some money but obviously far less than just holding the NDX that went up over 2000%, and he hated it. And finally most people on tradingview from before the 2020 new wave of investors probably know him from defending Bitcoin and selling a "trading masterclass" to crypto "investors". He wrote a book (or maybe more than 1?) about Buffett, articles, and in particular a complete article with the 5 "rules"/"secrets" I described, in a Quora answer to the question "How did Warren Buffett become so rich?". The answer is of course much more complete than the summary I wrote up. Warren Buffett obviously has some skill, he outperformed the market even early on before he was famous and got great deals, he has found and held onto great winners and almost always eliminated the losers (Berkshire was his greatest mistake) but it is interesting to see how saint grandpa aw-shucks and his folk wisdom actually rips the competition to pieces. "Diversification is for idiots" coming from a guy that took thousands of trades and is always on the lookout for an opportunity to make easy money. He says he could be making 50% a year easily on a small account. From these penny stocks selling at BELOW liquidation price? We know what companies he bought, he never just gambled it all on 1. Just bet on several decent ones, get rid of the losers and keep the one that continues its trend up. A quote by Warren Buffett "I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit." Also makes him look kind and caring to the population. There is a good reason big globalist businesses and rich people are all pro socialism, high taxes, and lockdown. In California I remember the government banning small food trucks in favor of big brick and mortar chains, for some BS reason as always. They also shot independent contractors in the leg forcing them to be wageslaves. High taxes keep the poor people down at the bottom, while a large portion of the poor people - those with the abstraction capacities of a potato - cheer 😑, so the rich even look like they are kind and caring. A bucket of crabs surrounded with giant rich people laughing and dipping crab pinchers in sauce while pushing the crabs about to escape at the bottom saying it's for their own good... High taxes, socialism, lockdown and so on are good for business not just because they keep the unwashed masses at the bottom. Amazon made record profits. But more importantly, these multinationals have competition. They will get better deals, bigger revenue, and even a monopoly, if they can not jsut keep the others at the bottom but DESTROY those that climbed to millionaire or upper middle class status, even just middle class. Goodbye competition. More money and more power. Twitter recently just went full "we're running this show now" and banned a NY Post showing an email that proves Biden knew about his son & Ukraine. This disgusting tentacular social network is banning anyone that tries to mention this story, they are shutting it down entirely. And since everyone gets their info from those sites... Twitter is also Antifa means of communication but I digress. I don't see how any government can completely enforce high taxes without collapsing the entire economy, but even if they magically got billionaires to pay 70%, it is still a small price to kill all competition and be an all powerful overlord of a monopoly that can really take advantage of their power and of their wealth and exploit desperate people (cattle). So you end up with all powerful sociopathic megabillionaire oligarchs running monopolies WITH THE SUPPORT OF THE PEOPLE (FOOLS!) that decide who makes the laws (gee I wonder if they'll pick people that make laws that go against their interests). If you think it's all fine they have good intentions (lol) even if they had, if fools can get manipulated by 1 group they can be as easily manipulated by another. Let's not forget Hitler came to power with the support of YES Antifa & the communist party, even Röhm was a big socialist with dreams of free stuff. Goebbels started as a marxist in his youth... Manipulating crowds of idiots is overpowered can god nerf it or something? Optimists are blissfully ignorant idiots. Pessimists are depressed sad people that miss all opportunities. Adapters are winners. Can't beat them? Join them. Either you are a superman supergenius with higher standards - in which case you'll be a hated arrogant jerk that thinks he is better than every one - or you become a manipulative shark that does not play fair. If this is what society demands then that's how you win. And the crowd will even cheer for you. No one is more celebrated and sanctified by the public than Elon Musk...
NYSE:BRK.AEducation
by MrRenev
3
Cup and Handle FORMING Symmetrical TriangleThe idea here is that you only want to buy the stock when it actually starts to rise and when it arrives above the breakout level. It is very well possible that the stock never reaches this level. It is also possible that the stock reaches this level next week. Both cases make sure you only enter the stock when the actual breakout happens. If it doesn't happen you have prevented a loss by never entering the stock. If you are a pull back trader or a bottom fisher, then these patterns may not be ideal for you. I love to bottom fish and buy pull backs as well. It is just a different ball game is all (o: C&H patterns are only valid at long entry level. Sometimes I just know (kidding myself, we never really know) and I will enter before break out or long entry level is reached but I am not recommending that BRK.B is in possible C&H formation . It is not completely formed yet. It does seem to have formed a handle low. S can be found here. If it pulls back too far below HL, then I was wrong and back to the drawing board Often algorhythms kick in at a certain level. So you may slowly climb up with an early entry but it is usually not when the computer trading etc kicks in so if you do this, be patient. The S triangle is past long entry level. Possible Long term Targets 303.9 to 323 It is not always about being right. Often it is about what you do when you are right Not a recommendation
NYSE:BRK.BLong
by lauralea
3