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View Full Version : Just Exactly What Is The difference...



M&K's Retrievers
09-07-2012, 11:41 AM
...between Bain Capital and Berkshire Hathaway? Oh, I know. Warren Buffet good. Whats to pay more taxes but they won't let him. Mitt Romney evil. A tax cheat that the IRS can't seem to get the goods on.

PamK
09-07-2012, 12:42 PM
Warren Buffet is not running for President.

M&K's Retrievers
09-07-2012, 12:46 PM
Warren Buffet is not running for President.

No, but he is running BH while backing the guy who is running for POTUS. Perhaps to benefit his Burlington Northern Holdings which will transport oil in lieu of using pipeline.

PamK
09-07-2012, 12:48 PM
It is a huge difference.

M&K's Retrievers
09-07-2012, 12:56 PM
It is a huge difference.

I'm asking what is the difference in the companies.

Down East Labs 217
09-07-2012, 03:19 PM
You will not get an answer for your question from a liberal. The difference is, there isn't a difference. Only the media will make it a difference. Both companies make a lot of money. Both companies employ a ton of people, both companies pay a large amount of taxes. The only difference is one was run by a man in politics (Romney), the other one owns the man that holds the highest political office

Richard

menmon
09-07-2012, 03:35 PM
Big difference in the methodology. Brookshire buys companies they believe will be long-term good holds...while Bain has a short term plan. Bain looks to find value created by inefficiencies while Brookshire like to create value by supporting its portfolio companies. Big difference...I have done business with both. I like the Brookshire types because they do not over-leverage the company to make their equity go further...while the Bain types leverage up and if they break to the leverage they make out by prividing the DIP financing.

huntinman
09-07-2012, 04:16 PM
Big difference in the methodology. Brookshire buys companies they believe will be long-term good holds...while Bain has a short term plan. Bain looks to find value created by inefficiencies while Brookshire like to create value by supporting its portfolio companies. Big difference...I have done business with both. I like the Brookshire types because they do not over-leverage the company to make their equity go further...while the Bain types leverage up and if they break to the leverage they make out by prividing the DIP financing.

Sam...menmon if you were doing business with those companies, you wouldn't be pissing your days away here every day. All hat, no cattle regards...

menmon
09-07-2012, 04:18 PM
Think what you may...but I have finance two new equity sponored deals this year. And in my earlier life at Merrill Lynch I was a distressed debt analsyt in the Global Distressed Products Group

huntinman
09-07-2012, 04:22 PM
Think what you may...but I have finance two new equity sponored deals this year. And in my earlier life at Merrill Lynch I was a distressed debt analsyt in the Global Distressed Products Group

Did you have some third grader following you around to correct your spelling?

PamK
09-07-2012, 04:54 PM
Good one, when you lose the argument make adverse comments about the person who made them.

Down East Labs 217
09-07-2012, 05:18 PM
Good one, when you lose the argument make adverse comments about the person who made them.

If you had a better idea about Mikey you would understand why the answer was given. He states a lot of big things but writes like a third grader or worse. It is hard to believe someone stating he does big business when he can't put two words together with good grammar and spelling. Of course that might be why he use to work for those folks.

Richard

ARay11
09-07-2012, 06:24 PM
Big difference in the methodology. Brookshire buys companies they believe will be long-term good holds...while Bain has a short term plan. Bain looks to find value created by inefficiencies while Brookshire like to create value by supporting its portfolio companies. Big difference...I have done business with both. I like the Brookshire types because they do not over-leverage the company to make their equity go further...while the Bain types leverage up and if they break to the leverage they make out by prividing the DIP financing.

Things like this...

Brookshire's is a grocery chain in texas!

BERKshire HATHaway is W.B....and..... Staples and Lowe's are not short term investements. (Bain Capital)

Make people think things like this...


If you had a better idea about Mikey you would understand why the answer was given. He states a lot of big things but writes like a third grader or worse. It is hard to believe someone stating he does big business when he can't put two words together with good grammar and spelling. Of course that might be why he use to work for those folks.

Richard

just sayin.

M&K's Retrievers
09-07-2012, 06:29 PM
Things like this...

Brookshire's is a grocery chain in texas!

BERKshire HATHaway is W.B....and..... Staples and Lowe's are not short term investements. (Bain Capital)

Make people think things like this...



just sayin.

Beat me to it. :D

Marvin S
09-08-2012, 11:33 PM
...between Bain Capital and Berkshire Hathaway?

BRK operates as a hybrid sort of mutual fund where large pieces or entire small companies are bought using the tax laws to pay as little as possible. I have been on the receiving end of a buyout where WB screwed the minority shareholders ( Patrick Johndrow aptly described Buffet in a thread many moons ago), or buys huge stakes in industries that he believes demographics & politics favor (such as his support for BHO's Keystone pipeline decision) BN will train a lot of NG & oil if there is no pipeline & these kind of decisions favor monopolists, BRK also gets into distressed companies on very favorable terms so he is not a good guy, just usually screws the middle class folks.

Bain puts together a fund for a specific purpose - folks commit their money for a minimum period of time - that money usually comes from retirement funds that go back into the economy through the little guys pensions - they buy companies ready for a turnaround - Onerous contracts or a high level of debt are 2 of the most obvious reasons.

Bain receives a management fee + a % of the profit when the fund is liquidated. Bain just happened to be more successful.

IMO - Buffett is grossly overrated though I have looked long & hard at many of the same stocks he has bought - we owned the billfold stock & still do that he gave away as a tip in the auction.