Member Info for longtimeinvestor

GU

All that Berkshire Hathaway has done recently is to sell some of their Apple shares, which are trading on a high p/e ratio which has to be taken into consideration along with further future growth potential in comparison to past growth levels.

Gu

''Did I say I had money invested in cash then? ''

No, you gave the interest rates that you had got over the previous 12 months and said that cash is king. I then responded with a comparison to Lloyds over the same period. You then went back further with Lloyds so I went back further with cash interest.

Warren Buffett who you mentioned, obviously does not consider cash as being king.

''Theses are troubled times ''

When are times ever not troubled?

I will continue to hold about 10% (or less) in cash.

Gu

''Let me help you with the BH cash position''

You looked at a chart from June 2024.

Usable net cash is what counts. No matter what the amount is, it is a fact that the vast majority of Berkshire Hathaway is NOT in net cash, meaning that they do not view cash as 'being King'

https://www.morningstar.co.uk/uk/news/253460/warren-buffetts-berkshire-hathaway-a-mutual-fund-in-disguise.aspx

Gu

''Using 1 yr is not telling the whole story ''

You used the last years interest on cash.

Maybe you should think of the decade + where the interest on cash was virtually Zero

GU

Just the dividend yield based on Lloyds price 12 moths ago is greater that your interest rate received on your cash in the last 12 months, and of course interest on cash is now lower than it was, whereas a dividend yield of about 7% could have been locked in, and not just for 12 months but hopefully for many years to come, with dividend progression on top.

Lloyds wins.

Lloyds up about 40% since 12 months ago + 2 dividend payments in addition.

It is an individual choice, when it comes to deciding that 'cash is king'. I am about 10% cash - which is plenty enough for me.

Lloyds up about 40% since 12 months ago + 2 dividend payments in addition.

It is and individual choic, when it comes to deciding that 'cash is king'. I am about 10% cash - which is plenty enough for me.

GU

''I Keep some skin in the markets but in uncertain times "cash" is still king

If in doubt ask the Warren Buffet.''

Oh dear - BH cash position is about the same as the long term average.

82.5% of assets of BH are NOT cash.

Reached today

3i group up

IG group reached another high

Marstons up again

Tesco reached another 10 year high

Lloyds shares still available at a cheap price

Was extremely badly hit by Covid 19.

Now continuing the upward trend from the very depressed levels, but still only a third of pre Covid 19 valuations.

Elon Musk worth about 250 Billion dollars and still likes to comment on X

Brix

I own lots of Lloyds shares, which is why I post on the Lloyds board.

Brix

''Small lloy.''

You meant £500 invested in Metro Bank

Brix

24 Jun 2024 19:35

‘’I'm also out of Lloyds & NWG & Several others. Now only holding Lgen, Orit, Nesf’’

23 May 2024 09:59

‘’No , i personally don't chat on that i don't own’’

Brix

''Holdings now Lgen, nesf, Small lloy.''

you have no Lloyds shares - you meant very very very small Metro bank

S67

'' res cogitans is his next incarnation''

posts/ID. disappeared?, so maybe would have been.

Mv

hope you do not have to wait too long for your exit price

Mv

hope you do not have to wait too long for your exit price

Mv

''Remember no movement in the share price, and the dividends are just sticking plasters over the losses on your capital.''

There is no capital growth with cash, only interest which had been virtually non existent for over a decade.

Shares are a risk that cannot guarantee what happens to capital values, but on the whole are a much better hedge against inflation in the long run. Even with a stagnant share price with dividends reinvested, it would most likely have resulted in a capital value of the accumulated shares having been an hedge against inflation over the original cost, and certainly easier in the long period of low inflation that we had until the pandemic/Ukraine war.

Of course some investments are going to perform better than others, but that comes down to an investors choice/luck.

67s

''but thanks for replying. So thats not far off £100k and well in profit. ''

don't be gullible.

I have witnessed DCB going through about 130 ID's.

There has never been a mention of owning Lloyds shares over the last 8 years of disruption on this board, or indeed any mention about Lloyds at all,which he used only for his pro EU, anti Brexit rhetoric and his 'Brexit will be reversed by a peoples vote ' etc etc etc messaging. Only under the current ID. which I assume LSE are allowing (for the time being at least) to be kept due to DCB's facade in more recent posts.

He did however discuss BIRG on that board.

Ls

''Lloyds is supposed to be a bellwether for UK economy but it's stalled again''

In what way has the Lloyds business stalled.