Sokol, as chairman of the Berkshire subsidiary MidAmerican Energy Holdings, knew the utility industry and saw a chance to
buy solid assets at a bargain price.
Not exact matches
I think we're due for a correction and I'm sure we'll have one in a year or two but as long as you have a
solid asset allocation set up and can weather the drops, an investor will come out better off once things clear up and the stock market starts rising again especially if you keep
buying on the way down.
What's interesting about this comment, is Klarman has been able to produce really
solid returns on a very large amount of capital, and I think it's in large part because of the simple math of
asset turnover — Klarman
buys bargains, waits for them to be valued at a more reasonable level, sells them, and repeats.
But I should be clear here: while equity REITs are
solid «
buy and hold» investments for investors who want exposure to real, income - producing
assets, mortgage REITs most assuredly are not.
I think we're due for a correction and I'm sure we'll have one in a year or two but as long as you have a
solid asset allocation set up and can weather the drops, an investor will come out better off once things clear up and the stock market starts rising again especially if you keep
buying on the way down.
The thing to realize about guys like Warren Buffet is that they were able to
buy at or near generational lows and when they did, they
bought good
solid assets.
So you can enhance return and reduce risk by
buying assets where the value is
solid and the price is low.
They're
buying quality,
solid assets that are going to provide income and growth.»