filed in warren buffett on May.04, 2010
Yesterday wrote my second post about Sardar Biglari, the man who took over the Steak ‘n Shake restaurant chain and has since decided to change the company name to Biglari Holdings (BH) to signal his intention to branch out into other areas, a la Warren Buffett and Berkshire Hathaway (BRK). As you may know, Berkshire [...]
filed in food and beverage, retail, warren buffett on May.03, 2010
Biglari Holdings (BH), in the company’s first major move since changing its corporate name from Steak ‘n Shake (read my last post about Biglari and Steak ‘n Shake), has chosen an uncommon method for completing its next public market transaction. Rather than use the company’s cash to acquire a minority stake in Advance Auto Parts [...]
filed in warren buffett on Mar.01, 2010
From MarketWatch “Berkshire Hathaway was downgraded to market perform from outperform Monday by insurance analysts at Keefe, Bruyette & Woods who said a recent rally has left the shares fairly valued. Berkshire’s class B stock was included in the Standard & Poor’s 500 index this year and a lot of mutual funds that track the [...]
filed in food and beverage, warren buffett on Feb.01, 2010
The Steak n Shake Company (SNS), an operator of 485 burger and shake focused casual dining restaurants in 21 states, has recently been quietly transformed by a new management team into a small Berkshire Hathaway type holding company. The move is very Warren Buffett-esque, with a 1-for-20 reverse stock split aimed at boosting the share [...]
filed in financial services, warren buffett on Nov.19, 2008
About a year ago, I commented on an article that appeared in Barron’s which argued that Warren Buffett’s Berkshire Hathaway (BRKA) was overvalued. In my post, entitled Barron’s Pans Buffett’s Berkshire, I agreed with the article that Berkshire Hathaway stock looked overvalued. A lot has changed since then. Berkshire shares have fallen 45% from their [...]
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