Battle Of The Billionaires (Berlusconi versus Bolloré).

I can’t wait to see how this plays out:

http://www.forbes.com/sites/marcelmichelson/2016/12/15/bollore-squares-up-to-berlusconi-in-italian-media-war/#568d22f66fac

http://www.economist.com/news/business/21711957-doing-so-he-taking-silvio-berlusconi-former-italian-prime-minister-frances-corporate

 

ValueAct Picks Up More Shares of Trinity Industries Inc. (NYSE:TRN).

Jeffrey Ubben is considered by many to be a value investing “God”:

http://www.insidermonkey.com/blog/trinity-industries-inc-trn-valueact-capital-buys-more-shares-on-weakness-484328/?yptr=yahoo

You can read my take on why I think TRN is an attractive investment:

A Street (Rail) Car Named Desire (Trinity Industries)

Is Prem Watsa Making The Smart Money Move?

Big news out of Canada recently folks as that country’s answer to Berkshire Hathaway Inc., Fairfax Financial Holdings Ltd., sold almost 90% of its long-dated U.S. Treasury holdings in what appears to be a risk-off move on the cusp of U.S. elections and lingering global uncertainty.

http://www.bloomberg.com/news/articles/2016-11-04/prem-watsa-s-fairfax-sells-90-of-long-bonds-ahead-of-election

 

Add another dish to the Buffett

Warren Buffett’s Berkshire Hathaway wrote its biggest check – a whopping $37B including debt – in history last week with a deal to acquire industrial parts maker Precision Castparts. This deal is another step in what looks, to me, like a deliberate strategy to remake Berkshire into a more industrially focused business as opposed to its current form known for its massive insurance operations and equally massive stock portfolio.

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