Keep INVESTING Simple and Safe (KISS)
****Investment Philosophy, Strategy and various Valuation Methods****
The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Billionaire Warren Buffett's firm tweaks its US$49bil US stock portfolio
Tuesday November 16, 2010 MYT 9:14:56 AM
Omaha, Nebraska: Warren Buffett's company has invested in Bank of New York Mellon and sold off stakes in NRG Energy, CarMax and Republic Services.
Berkshire Hathaway Inc. revealed a number of changes to its $49 billion U.S. stock portfolio Monday in documents filed with the Securities and Exchange Commission.
The company doesn't typically comment on its investment decisions.
Between the end of June and the end of September, the Omaha-based company that Buffett leads as chairman and CEO made several changes during an active quarter.
Those included cutting Berkshire's Comcast stake to 187,000 shares from 12 million, reducing Nike holdings to 3.6 million shares from 7.6 million, cutting an Ingersoll-Rand Company investment to 636,600 shares from 5 million and reducing a stake in Nalco Holding Co. to 6.1 million shares from 9.15 million. - AP