Australian (ASX) Stock Market Forum

Famous people who have died

Value Collector

Have courage, and be kind.
Joined
13 January 2014
Posts
11,070
Reactions
7,003
Legend! He always impressed me.
One half of the Lennon McCartney of investing.
Charlie is going to be sorely missed, I am so glad I went to the Berkshire Hathaway meeting this year, Charlie’s mind was sharp and witty right till the end.

I owe a huge debt to both Warren and Charlie, I would be in a very different place financially if it weren’t for the lessons I learned from the two of them.

In my investment journey I have enjoyed better than average results, because I stood on the shoulders of giants, Charlie was one of those giants.
 

moXJO

menace to society
Joined
15 August 2006
Posts
10,306
Reactions
7,862
Charlie is going to be sorely missed, I am so glad I went to the Berkshire Hathaway meeting this year, Charlie’s mind was sharp and witty right till the end.

I owe a huge debt to both Warren and Charlie, I would be in a very different place financially if it weren’t for the lessons I learned from the two of them.

In my investment journey I have enjoyed better than average results, because I stood on the shoulders of giants, Charlie was one of those giants.
Did the stock take a hit?
Always wondered what would happen when those two passed.
 

Value Collector

Have courage, and be kind.
Joined
13 January 2014
Posts
11,070
Reactions
7,003
Did the stock take a hit?
Always wondered what would happen when those two passed.
Down $4.30 for the week, but still up $9 for the month.

I think Berkshire will be fine after Warren and Charlie, there is already a management team in place.

Warrens job is being divided among 3 guys,

1,Greg Abel will be CEO and manage all the 100% owned operating businesses and large capital allocations.

2, Ted and Todd will manage the stock portfolio.

All three are already in their positions doing their jobs.

The insurance businesses will continue to be run by the same guy running them now.
 

moXJO

menace to society
Joined
15 August 2006
Posts
10,306
Reactions
7,862
Down $4.30 for the week, but still up $9 for the month.

I think Berkshire will be fine after Warren and Charlie, there is already a management team in place.

Warrens job is being divided among 3 guys,

1,Greg Abel will be CEO and manage all the 100% owned operating businesses and large capital allocations.

2, Ted and Todd will manage the stock portfolio.

All three are already in their positions doing their jobs.

The insurance businesses will continue to be run by the same guy running them now.
Warren and Charlie have/had a powerful draw though. Fan favourites. Although companies like Apple continued on without jobs, but I think innovation died with him to a certain degree. It was never the same. Probably made more money but it was a lot more soulless.

Sad as an investor seeing some of the greats disappear. But what am I expecting, the guy was 100 or something wasn't he?
Can't ask for a better innings.
Damn I'm getting old. That's probably what's upsetting me.
 

Value Collector

Have courage, and be kind.
Joined
13 January 2014
Posts
11,070
Reactions
7,003
Warren and Charlie have/had a powerful draw though. Fan favourites. Although companies like Apple continued on without jobs, but I think innovation died with him to a certain degree. It was never the same. Probably made more money but it was a lot more soulless.

Sad as an investor seeing some of the greats disappear. But what am I expecting, the guy was 100 or something wasn't he?
Can't ask for a better innings.
Damn I'm getting old. That's probably what's upsetting me.
Yep, Charlie would have turned 100 on 1st of January.

Berkshire is probably the most de-centralised company in the world, they own like 100 businesses, all with their own management, and have large share holdings in major companies.

Even if you shut the head office in Omaha down, and just employed a book keeper to cash the dividend checks as the come in and roll the bonds Berkshire would keep growing in value.

So, although it’s going to be sad to lose Warren one day, Berkshire is going to be fine. Greg Abel is an amazing manager, so Berkshire is in good hands.
 
Joined
28 August 2022
Posts
4,270
Reactions
6,723
Yep, Charlie would have turned 100 on 1st of January.

Berkshire is probably the most de-centralised company in the world, they own like 100 businesses, all with their own management, and have large share holdings in major companies.

Even if you shut the head office in Omaha down, and just employed a book keeper to cash the dividend checks as the come in and roll the bonds Berkshire would keep growing in value.

So, although it’s going to be sad to lose Warren one day, Berkshire is going to be fine. Greg Abel is an amazing manager, so Berkshire is in good hands.
Everyone's demise is always going to come. But Berkshire has proved to be an amazing company
 

Value Collector

Have courage, and be kind.
Joined
13 January 2014
Posts
11,070
Reactions
7,003
Everyone's demise is always going to come. But Berkshire has proved to be an amazing company
It sure has, I think it’s more than just a company, it’s a system at this stage.

At the last meeting they put a sign in front of Charlie saying “held to maturity” it proved to be correct, he stayed devoted to Berkshire until he expired hahaha… they wrote “Available for sale” in front of Buffett though, I don’t know what that is predicting hahaha.

IMG_9746.jpeg
 
Joined
28 March 2013
Posts
471
Reactions
860
Former Moto G P rider Anthony Gobert ( "The Go-Show" ) died form his addictions , after a few weeks in palliative care on the Gold Coast.
He lost his Suzuki Factory ride after failing a drug test 20 years ago, then lost his girlfriend to an overdose and it was all downhill for the poor bugger after that.
Tragically , he was just 48 years old.
 
Joined
3 July 2009
Posts
25,075
Reactions
20,277
Former Moto G P rider Anthony Gobert ( "The Go-Show" ) died form his addictions , after a few weeks in palliative care on the Gold Coast.
He lost his Suzuki Factory ride after failing a drug test 20 years ago, then lost his girlfriend to an overdose and it was all downhill for the poor bugger after that.
Tragically , he was just 48 years old.
Great rider in his day, there wasn't any electronic aids back then, seat of the pants and no fear won the day.
R.I.P
 
Top