巴菲特班洪瑞泰 (Michael On) - Powered by Discuz! Board

Tesco Plc (TSCDY.PK)

U.S. consumers and investors may not know Tesco, but the UK company is one of the most powerful retailers on the planet. With annual sales of more than $90 billion, it is just behind Walmart (WMT) and Homedepot (HD). Berkshire paid $1.7 billion for 3.6% of the company. This is the largest international purchase of Berkshire in 2011.

Berkshire first invested in Tesco in 2006, right about the time the retailer announced it was coming to America with Fresh & Easy, acquiring shares then equaling about a 1% ownership stake in the company. Since then Buffett has regularly increased his purchases of Tesco stock, resulting in the 3.6% ownership. Tesco is probably an equivalent of Walmart for Warren Buffett’s international plays. Buffett bought Walmart at the same time as he bought Tesco in 2006, and he added more in the third quarter of 2010, as he was buying more Tesco shares and added more in 2011.

Tesco has been much discussed on GuruFocus as the stock lost 20% since the beginning of the year. Buffett had a gain 6% as of Dec. 31, 2011. Now he is at a loss of about 15%. You can buy this stock at about a 15% lower price than Buffett.

Is Tesco a good investment? It is certainly good enough for Buffett. Is it good enough for you? You can read more about Tesco here:

Tesco Still Sells For Less Than What Buffett Paid

Tesco Plc: an undervalued retailer

Tesco Falls Below Buffett’s Price; Will He Buy More?

巴菲特減持樂購股份至3%以下
新浪財經訊北京時間10月17日凌晨消息，英國零售巨頭樂購(Tesco)周四披露，巴菲特旗下的伯克希爾哈撒韋公司周一將其在樂購的持股削減至不到3%。
　　根據樂購網站的數據，截至9月24日伯克希爾還持有樂購3.98%的股份，這意味着自那以來該公司已出售了至少價值2.32億美元的樂購股票。
　　本月初巴菲特在接受CNBC採訪時稱，他七年來對樂購的投資是個“巨大錯誤”。樂購是巴菲特的15隻重倉股中去年唯一出現虧損的一隻股票。該公司上月宣佈其上半財年盈利預測被誇大了2.50億英鎊，要求德勤會計師事務所徹查賬目，並暫停了四名高級主管的職務。
　　今年較早時樂購在六周內連續兩次發布盈利預警，並更換了首席執行官。本月初，英國金融行為監管局(FCA)宣佈對樂購的會計問題展開全面調查，進一步加劇了該公司的危機。(羽箭)

賣股三原則: 貴了、壞了、換更好的

Fund Name:	Berkshire Hathaway
Manager	Warren Buffett
Portfolio Value	$107,580,386,000
Change This QTR	+1.02%

1.)	Wells Fargo & Co New	WFC	463,458,123	$24,359,359		22.64%
2.)	Coca Cola Co	KO	400,000,000	$16,944,000		15.75%
3.)	American Express Co	AXP	151,610,700	$14,383,308		13.36%
4.)	International Business Machs Cor	IBM	70,173,978	$12,720,437	+3%	11.82%
5.)	Wal Mart Stores Inc	WMT	58,797,259	$4,413,910	+2%	4.1%
6.)	Procter & Gamble Co	PG	52,793,078	$4,149,008		3.85%
7.)	Exxon Mobil Corp	XOM	41,129,643	$4,140,932		3.84%
8.)	U S Bancorp Del	USB	80,094,497	$3,469,692	+1%	3.22%
9.)	Davita Inc	DVA	37,621,152	$2,720,762		2.52%
10.)	Moodys Corp	MCO	24,669,778	$2,162,553		2.01%
11.)	Goldman Sachs Group Inc	GS	12,631,531	$2,115,024		1.96%
12.)	Directv	DTV	23,467,995	$1,995,014	-33%	1.85%
13.)	General Motors Co	GM	32,960,056	$1,196,451	+10%	1.11%
14.)	U S G Corp	USG	39,002,016	$1,175,131	+12%	1.09%
15.)	Bank Of New York Mellon Corp	BK	24,652,836	$923,989		0.85%
16.)	Verizon Communications Inc	VZ	15,000,928	$733,996	+37%	0.68%
17.)	Chicago Bridge & Iron Co N V	CBI	10,701,110	$729,816	+13%	0.67%
18.)	Suncor Energy Inc New	SU	16,458,330	$701,619	+27%	0.65%
19.)	M & T Bank Corp	MTB	5,382,040	$667,642		0.62%
20.)	Viacom Inc New	VIAB	7,607,200	$659,772		0.61%