With Australian securities/businesses doing fine, your BHP's,...

With Australian securities/businesses doing fine, your BHP's, WPL, AUI's, CCL's, BNB....etc etc all humming along, its time to focus on the nyse. When I read this release (below) it got me thinking. How wonderful an opportunity to increase the holdings in BRK.B. The dollar is mightily up and if the security falls below $4k (well below intrinsic value) im buying. An invitation that doesnt come around to often, particluarly for the forever investor.


NEW YORK, May 18 (Reuters) - Doug Kass, who famously
shorted "everything related to housing" in 2007, told Barron's
he has a short position in Warren Buffett's Berkshire Hathaway
Inc , largely because the company has suffered from a
drift in its investment style.
Kass, founder and president of Seabreeze Partners
Management, said that while previously calling derivatives
"financial weapons of mass destruction," Buffett had out of
character immersed himself in several large such transactions
that led to an unrealized $1.6 billion loss in the company's
first quarter.
He said he is also short Berkshire because he believes the
salad days for the insurance industry, a major part of
Berkshire's business, are over, and the company's premium
valuation may erode as some financial services companies regain
their footing, Barron's reported in its issue dated May 19.