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A really useful Monte Carlo analysis of Berkshire Hathaway's holdings.
1 FaverViewed: 35 TimesQuoted: Monte Carlo Analysis of Major Berkshire Hathaway Holdings. - Geoff Considine (Quantext) submits: In the process of analyzing a range of portfolios with Monte Carlo analysis using the Quantext Portfolio Planner [QPP], I decided to see how Berkshire Hathaway’s (NYSE: BRK-A - News) (NYSE: BRK-B - News) equity holdings would look. Quantext Portfolio Planner uses historical market data on a portfolio to generate forward-looking simulations of probable future risk and return on a portfolio.
banking
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Interesting offer from HK - it will back all of its banks' deposits, prompting reasonable questions about what happens if the world's richest people put their money into an HK bank that collapses.
My friends called me a few weeks back and told me about the run on the bank that occurred. Turns out it happened due to rumors that circulated via text messages. The HK "FDIC" insures deposits there up to $100,000HKD, or about $13000.
1 FaverQuoted:Li Kui-wai, the director of the Asian economic policy center at the City University of Hong Kong, said that Hong Kong’s history of attracting deposits from all over the world meant that the policy initiatives announced on Tuesday could prove costly. He questioned if the Hong Kong government and taxpayer could afford a bailout “if the one million richest people in the world put their money in a Hong Kong bank, and the bank goes broke.” Hong Kong’s action could put pressure on other international financial centers with very large deposits and limited populations that have not yet issued blanket guarantees of bank deposits, like Switzerland, which has roughly the same population as Hong Kong at about 7 million people. Hong Kong will back up its deposit guarantee with its foreign exchange reserves, now $161 billion.
- ms.kruse - Sep 18 20081 FaverViewed: 3 Times
- mohit - Sep 21 20081 FaverViewed: 9 Times
