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How Diversified Has Berkshire’s Portfolio Really Been?

  When people think of Warren Buffett, they often imagine a carefully diversified portfolio. The truth? Berkshire’s equity bets having minority interest ,have usually been highly concentrated. Here’s how the story unfolds decade by decade: 1960s – Early Bets, Big Swings In the Buffett Partnership years, a handful of stocks made up most of the portfolio. At one point, American Express alone was over 40%. After taking control of Berkshire in 1965, he continued running with fewer than 10 serious holdings. 1970s – The Media Era Buffett bought Washington Post (a quarter of the portfolio at one stage) and GEICO. He stuck to media and financials. The idea of “owning just the best” shaped his investing. 1980s – Coca-Cola Takes Over The 1988 Coca-Cola purchase was a game changer — it quickly became 30–40% of the portfolio. Alongside GEICO, Gillette, and Wells Fargo, Buffett doubled down on household names. 1990s – Four Giants Rule By the late 90s, just four stocks (Coca-Cola, Americ...

my 2 cents on FDI in retail

the real issue is not whether Walmart should be allowed ot not..the real issue is under what clauses it should be allowed and where should they be allowed? when i say clauses i mean questions like: how much local sourcing are they going to do??? if a product is available in india, they should source it from india even if its cheaper abroad what pricing strategy are they allowed to adopt?? imagine WalMart dumping all the chinese goods e.g. toys which are very cheap and killing the local manufacturers more importantly they should not be allowed to sell below cost price..that is killing the kirana competition

where is Nigeria's President??????????????

For almost 2 months now the Nigeria's President has been unavailable. What's more, he had ostensibly gone to Saudi for treatment but the hospital in which he is supposed to be getting treated is now claiming that he not there. Well the country doesn't seem bothered. The ministers are working or not working and don't want to be bothered too!! Well I haven't heard of such a unique situation...lets see what's in store

Terrorism: learning from our mistakes

Mumbai reels again! the pain of innocent victims of these terror attacks is very fresh. and yet we seem to be making the same mistakes as earlier. One should realize that objective of this attack was not only to spread terror but to hurt India economically too. All our politicians have done far is to implicate Pakistan and put pressure on them to act on these terror outfits. Is Pakistan's actions reliable ?How can a country which harbours india's most wanted terrorrist for long including those accused of 93, Mumbai blasts be expected to cooperate and eliminate terror from its bosom. A proactive stance to wipe out terror breeding ground whether inside the country or outside needs to be adopted. We need to understand that there are terror elements within thecountry too and a strong anti-terror law needs to be there. however considering our previous experiences with TADA it needs to have sufficints safegurds to prevent it from being misused. We need to surgically target terro...

Barack Who???

today morning my driver stefen greeted me by saying "Obama won!" The smile on his face immediately caught on my face too and i wished him congratulations. Apparantly he had not slept the entire night and was watching the campaign coverage. though i had expected this but this was still incredible. He lost the senate race in 2000 and won for the first time in 2004 and within 2-3 years was standing for presidency and what.... he won it! Like most ordinary mortals of the world, I could not help being enamoured by the american Presidential election. Its such an elaborate and expensive affair ( $2 bn estimated this time around)! First you got to get through the primary ( and that can be daunting if you have hillary as your opponent) and then you seek your major opponent stretching almost 2 years. However the quality of debates is astounding and decent. I try to compare any debate in our parliament (leave alone some old timers like vajpayee etc) and realization of the hopelessness...

बिहार की मिथ्या राजनीति

आजकल समाचारों मैं राज ठाकरे द्वारा दिए गए बयानों की भरमार है . सवाल उठता है क्या अपने खेत्र के लोगो के बारे में सोचना ग़लत है? और बिहारियों की पैविं के लिए आए भी तो कौन : लालू प्रासद यादव . समय की विडंबना ही तो है की यह वी लालू प्रसाद है जिन्होंने अपने 15 वर्षीय काय्याकाल में बिहार को सबसे पिछरे राज्य स्थापित कर दियाक्या यह सच नही है की उन्होंने केन्द्र सरकार से राज्य के विकास के लिए मिले धन को खर्च तक नही किया. क्या यह सच नही है की शिॅक्षा के नाम पर कोई प्रगति नही हुई है . उल्टा कई शिक्चाको को वेतन तक नही मिला . घोटालो की चर्चा करना ही बेकार है. रबरी देवी को मुख्यमंत्री बनाके उन्होंने अपनी कुर्सी तो बचायी पर बिहार का क्या उद्धार किया ? क्या रबरी देवी बिहार जैसे राज्य का बागडोर सँभालने के लायक थी? यह हमारे नैतिक पतन की ही पराकास्था है की राजनैतिक विरोधियो ने यह सब कुछ होने दिया. हमारे होनहार आईएस ओफ्फिसर्स ने भी कोई आवाज नही उठाई. लालू समर्थको का क्या कहना : उन्होंने सब कुछ आँख मूंदकर स्वीकार किया. पूरी दुनिया में हम हास्यके पर्याय बन गए पर कुछ लोगो का स्वार्थ सिद्ध हुआ और कुछ लोगो की...

an inconvenient truth

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is it any surprise that global warming hardly finds a mention in the great American Presidential debates. A country that refuses to sign the Kyoto protocol under the pretext that it will harm its economic interests is at last hearing from some of its own people an "inconvenient truth" as Al gore would put it. Just watched this documentary and must say it is quite horrifying. Global warming due to GHG emissions is a clear and present danger. We may not realize but it is already impacting us in a big way. Every time you feel the weather is becoming hotter by the day, GHG are at work. Every time you or your family members fall sick more often, chances are their imune systems are not able to acclimatize to the rapidly changing climate. Every time the food prices rise, chances are desertification due to global warming is playing a hidden role. the melting glaciers. ...