3% (Market Share) Down, 97% to Go [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Home Services, which is owned by Berkshire.] HomeServices, Edina Realty’s parent company, rates a positively fulsome...Read More
Finding Out Who the Naked Swimmers Are “You don’t know who’s swimming naked until the tides goes out.” —Warren Buffett. When stocks abruptly turn south, there are two kinds of Sellers: those who want to sell, and those who need to sell. What would make a stock market speculator investor have to sell? I can...Read More
The Joy of Hitting Business “Home Runs” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] When Warren Buffett buys a company, trust me, the principals and senior managers all become...Read More
Judging Hillary By Her Friends “I ask you to judge me by the enemies I have made.” –Franklin Delano Roosevelt [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] No, you’re never going to read a headline officially announcing...Read More
[Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. Berkshire Hathaway is the ultimate parent company of Edina Realty.] Aficionados of Warren Buffett’s annual missive to shareholders (I’m one) will recall that last year’s included a doozy: Buffett’s advice...Read More
“Price is What You Pay, Value is What You Get” . . . . When it Comes to Realtors, Too “Price is what you pay, value is what you get.” –Warren Buffett, Berkshire Hathaway Chairman (Note: Edina Realty is a Berkshire Hathaway subsidiary). When someone with a couple blocked arteries needs a heart surgeon, their...Read More
