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Peter Flaherty gets arrested after connecting CEO Warren Buffett to Bill Gates and Jeffrey Epstein live during Berkshire Shareholder Proposal Presentation.

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Mike Sperrazza

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7,464,935 просмотров • 3 лет назад •via X (Twitter)

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WARREN BUFFET. LONG GONER. PEDO. RAPIST. ORACLE OF OMAHA. BOYS TOWN. VIDEO: Chairman Peter Flaherty got arrested after connecting Investing-Mogel Warren Buffet to Bill Gates and international child-sex-trafficker Jeffrey Epstein.
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WARREN BUFFET. LONG GONER. PEDO. RAPIST. ORACLE OF OMAHA. BOYS TOWN. VIDEO: Chairman Peter Flaherty got arrested after connecting Investing-Mogel Warren Buffet to Bill Gates and international child-sex-trafficker Jeffrey Epstein.

The Sacred Blue Tent

30,676 просмотров • 1 год назад

During the Berkshire Hathaway annual meeting (6th May 2023), in Omaha, Peter Flaherty, Chairman of the National Legal and Policy Center (NLPC), had his microphone cut, was arrested and forcibly removed from the arena for speaking some very uncomfortable truths..
2:20

During the Berkshire Hathaway annual meeting (6th May 2023), in Omaha, Peter Flaherty, Chairman of the National Legal and Policy Center (NLPC), had his microphone cut, was arrested and forcibly removed from the arena for speaking some very uncomfortable truths..

Truthseeker

664,993 просмотров • 3 лет назад

Liz Churchill 2019-2026: “Bill Gates, Jeffrey Epstein, Dr. Fauci and unelected Liars from the WEF, UN and WHO are planning the pandemics using biological warfare…” Joe Rogan 2026: “Jeffrey Epstein is talking about pandemic planning to someone named Bill…”
0:17

Liz Churchill 2019-2026: “Bill Gates, Jeffrey Epstein, Dr. Fauci and unelected Liars from the WEF, UN and WHO are planning the pandemics using biological warfare…” Joe Rogan 2026: “Jeffrey Epstein is talking about pandemic planning to someone named Bill…”

Liz Churchill

31,121 просмотров • 5 месяцев назад

🔥🚨BREAKING: Bill Gates has apologized to his foundation staff over his ties to Jeffrey Epstein and multiple affairs with Russian women.
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🔥🚨BREAKING: Bill Gates has apologized to his foundation staff over his ties to Jeffrey Epstein and multiple affairs with Russian women.

Dom Lucre | Breaker of Narratives

97,170 просмотров • 5 месяцев назад

1) Elon Musk tells Tucker Carlson that Bill Gates is “terrified” of the Jeffrey Epstein Client List being released ‌ 2) Bill Gates is lobbying to stop the release of the list ‌ Bill Gates met with Donald Trump at Mar-a-Lago after Trump said he would release the Epstein list on December 27th Now the Epstein Client List is being buried… What’s really going on
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1) Elon Musk tells Tucker Carlson that Bill Gates is “terrified” of the Jeffrey Epstein Client List being released ‌ 2) Bill Gates is lobbying to stop the release of the list ‌ Bill Gates met with Donald Trump at Mar-a-Lago after Trump said he would release the Epstein list on December 27th Now the Epstein Client List is being buried… What’s really going on

Wall Street Apes

363,583 просмотров • 1 год назад

💥💥CONNECT THE DOTS 💥💥 KASH SAYS BILL GATES IS LOBBYING CONGRESS NIGHT AND DAY TO PREVENT THE DISCLOSURE OF THE EPSTEIN LIST. Melinda French Gates Says She Was Upset With Bill Gates FOR HAVING MEETINGS WITH Jeffrey Epstein. TRUMP AND TRUMPS TEAM PAM BONDI SAYS WILL RELEASE THE LIST DO IT NOW ❗️
1:01

💥💥CONNECT THE DOTS 💥💥 KASH SAYS BILL GATES IS LOBBYING CONGRESS NIGHT AND DAY TO PREVENT THE DISCLOSURE OF THE EPSTEIN LIST. Melinda French Gates Says She Was Upset With Bill Gates FOR HAVING MEETINGS WITH Jeffrey Epstein. TRUMP AND TRUMPS TEAM PAM BONDI SAYS WILL RELEASE THE LIST DO IT NOW ❗️

5DME81

18,550 просмотров • 1 год назад

Epstein Files... Bill Gates’ polished “world’s greatest philanthropist” image is likely damaged beyond repair after the Epstein fallout. On June 10, Gates is set to testify before the House Oversight Committee in the ongoing Epstein probe. Pic is real and the video made by AI.
0:14

Epstein Files... Bill Gates’ polished “world’s greatest philanthropist” image is likely damaged beyond repair after the Epstein fallout. On June 10, Gates is set to testify before the House Oversight Committee in the ongoing Epstein probe. Pic is real and the video made by AI.

Epstein Files Discovery

36,295 просмотров • 2 месяцев назад

BREAKING: James Comer just went on Fox News and made a ridiculous lie that “85% of the people involved with Epstein were Democrats.” Let’s see Donald Trump, Don Jr. Elon Musk, Peter Thiel, Bill Gates, Bill Richardson, Alan Dershowitz, all testify. Republicans refuse to hold their own accountable.
0:19

BREAKING: James Comer just went on Fox News and made a ridiculous lie that “85% of the people involved with Epstein were Democrats.” Let’s see Donald Trump, Don Jr. Elon Musk, Peter Thiel, Bill Gates, Bill Richardson, Alan Dershowitz, all testify. Republicans refuse to hold their own accountable.

Ed Krassenstein

199,920 просмотров • 5 месяцев назад

A live look at today’s Oversight Committee vote to hold Bill and Hillary Clinton in contempt of Congress. This follows their refusal to cooperate with the committee’s investigation into Jeffrey Epstein. No one is above the law.
0:10

A live look at today’s Oversight Committee vote to hold Bill and Hillary Clinton in contempt of Congress. This follows their refusal to cooperate with the committee’s investigation into Jeffrey Epstein. No one is above the law.

Rep. Eli Crane

19,142 просмотров • 6 месяцев назад

I would like to know, if trump KNEW Jeffrey Epstein was a "sick pervert" before he was even arrested, why didn't he say anything about it? And why didn't he tell anyone this until 6 years AFTER he died? Something doesn't add up.
0:12

I would like to know, if trump KNEW Jeffrey Epstein was a "sick pervert" before he was even arrested, why didn't he say anything about it? And why didn't he tell anyone this until 6 years AFTER he died? Something doesn't add up.

BrooklynDad_Defiant!☮️

266,514 просмотров • 8 месяцев назад

Bill Gates making shown to be making Friends in China. This computer nerd gets treated like royalty wherever he goes, flying all over the world in his private jet meeting world & business leaders. Gates who had long standing ties with Jeffrey Epstein the most notorious child trafficker in history gets to share his views on medicine, health, climate changes, agriculture, energy & so on. He’s not a fucking expert in any of it. I’m sure these countries don’t even want this vile little weasel there, but guess what, the Gates foundation PAY handsomely - they PAY politicians, they PAY organisations, PAY scientists, PAY media companies - they literally can BUY this criminal air-time in order from him to facilitate his lying narrative & agenda - do you see how this works yet? There should be a world celebration day when Bill ends up in prison, no actually a bloody month - a Bill Gates is Finally in Prison Pride Month.
0:19

Bill Gates making shown to be making Friends in China. This computer nerd gets treated like royalty wherever he goes, flying all over the world in his private jet meeting world & business leaders. Gates who had long standing ties with Jeffrey Epstein the most notorious child trafficker in history gets to share his views on medicine, health, climate changes, agriculture, energy & so on. He’s not a fucking expert in any of it. I’m sure these countries don’t even want this vile little weasel there, but guess what, the Gates foundation PAY handsomely - they PAY politicians, they PAY organisations, PAY scientists, PAY media companies - they literally can BUY this criminal air-time in order from him to facilitate his lying narrative & agenda - do you see how this works yet? There should be a world celebration day when Bill ends up in prison, no actually a bloody month - a Bill Gates is Finally in Prison Pride Month.

Concerned Citizen

239,787 просмотров • 3 лет назад

Additional raw footage of arrest. 👇 "Somebody call 911!" Tatiana Martinez—an anti-ICE Tiktok influencer and immigrant—was violently arrested during a live stream. Then taken to a hospital after she lay unresponsive on the ground. She eventually was put into detention.
0:14

Additional raw footage of arrest. 👇 "Somebody call 911!" Tatiana Martinez—an anti-ICE Tiktok influencer and immigrant—was violently arrested during a live stream. Then taken to a hospital after she lay unresponsive on the ground. She eventually was put into detention.

LongTime🤓FirstTime👨‍💻

319,412 просмотров • 11 месяцев назад

🚨🇬🇧 Top UK Politicians today on TV talking about a Conspiracy "Why's that Conspiracy? What Conspiracy?" "We're drifting into Conspiracy" Why? Because Keir Starmer appointed the 'Prince of Darkness' aka Peter Mandelson and then lied about his knowledge & extent of the relationship with Jeffrey Epstein. Now after an inquest Government phones are now miraculously getting lost & stolen (Including Starmers Chief of Staff McSweeney who was also Mentored by Mandelson) into what was know in connection to Mandelson, Starmer, & Epstein. Conspiracies are simply coincidences - and this is another obvious cover-up.
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🚨🇬🇧 Top UK Politicians today on TV talking about a Conspiracy "Why's that Conspiracy? What Conspiracy?" "We're drifting into Conspiracy" Why? Because Keir Starmer appointed the 'Prince of Darkness' aka Peter Mandelson and then lied about his knowledge & extent of the relationship with Jeffrey Epstein. Now after an inquest Government phones are now miraculously getting lost & stolen (Including Starmers Chief of Staff McSweeney who was also Mentored by Mandelson) into what was know in connection to Mandelson, Starmer, & Epstein. Conspiracies are simply coincidences - and this is another obvious cover-up.

Concerned Citizen

17,443 просмотров • 4 месяцев назад

Spencer Pratt fired back at Chelsea Handler on Friday — and reminded everyone of her real history. Handler admitted to attending a dinner at Jeffrey Epstein’s home in 2010 (after his conviction), with guests including Woody Allen and Prince Andrew. She’s out here attacking a “straight white male with no government experience”… while she dined with Epstein. The hypocrisy is wild. What does it say about Hollywood standards when this gets ignored? (Video: AI)
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Spencer Pratt fired back at Chelsea Handler on Friday — and reminded everyone of her real history. Handler admitted to attending a dinner at Jeffrey Epstein’s home in 2010 (after his conviction), with guests including Woody Allen and Prince Andrew. She’s out here attacking a “straight white male with no government experience”… while she dined with Epstein. The hypocrisy is wild. What does it say about Hollywood standards when this gets ignored? (Video: AI)

Paul A. Szypula 🇺🇸

1,836,790 просмотров • 2 месяцев назад

🚨12 HOUR NEWS RECAP 1. House Oversight has agreed to let Bill and Hillary Clinton testify virtually from their home in Chappaqua regarding their relationship with Jeffrey Epstein and Ghislaine Maxwell. 2. FedEx has sued the Trump administration seeking a full refund for tariffs recently struck down by the Supreme Court, arguing the costs significantly impacted the company. 3. Reports indicate the likely new head of CJNG is 29-year-old Abraham Ambriz Cano, known as “El Yogurt,” who previously led special forces operations under El Mencho and survived a Mexican Navy raid. 4. xAI has signed a deal with the U.S. Department of Defense to integrate Grok into classified systems, marking a major step for AI use within secure military environments. 5. Footage from Tapalpa, Jalisco shows Mexican Army forces surrounding CJNG elements, with reports of dozens killed and arrests across multiple states. 6. Secretary Hegseth said he did not anticipate overseeing full UFO and UAP file declassification, responding to questions about aliens with, “We’ll see… I get to find out right along with you.” 7. Peter Mandelson was reportedly arrested on suspicion of misconduct in public office following allegations he leaked confidential UK government memos to Epstein. 8. Peter Attia has stepped aside from CBS News after his name appeared repeatedly in newly released Epstein documents. 9. The Mexican warship Usumacinta has docked in Puerto Vallarta carrying 400 military personnel and operational vehicles, while the Air Force deployed tactical aircraft as part of a major security operation. 10. Sec. Hegseth met with Anthropic’s CEO at the Pentagon regarding the use of Claude within classified systems, as defense officials review AI guardrails and future deployment parameters.
0:47

🚨12 HOUR NEWS RECAP 1. House Oversight has agreed to let Bill and Hillary Clinton testify virtually from their home in Chappaqua regarding their relationship with Jeffrey Epstein and Ghislaine Maxwell. 2. FedEx has sued the Trump administration seeking a full refund for tariffs recently struck down by the Supreme Court, arguing the costs significantly impacted the company. 3. Reports indicate the likely new head of CJNG is 29-year-old Abraham Ambriz Cano, known as “El Yogurt,” who previously led special forces operations under El Mencho and survived a Mexican Navy raid. 4. xAI has signed a deal with the U.S. Department of Defense to integrate Grok into classified systems, marking a major step for AI use within secure military environments. 5. Footage from Tapalpa, Jalisco shows Mexican Army forces surrounding CJNG elements, with reports of dozens killed and arrests across multiple states. 6. Secretary Hegseth said he did not anticipate overseeing full UFO and UAP file declassification, responding to questions about aliens with, “We’ll see… I get to find out right along with you.” 7. Peter Mandelson was reportedly arrested on suspicion of misconduct in public office following allegations he leaked confidential UK government memos to Epstein. 8. Peter Attia has stepped aside from CBS News after his name appeared repeatedly in newly released Epstein documents. 9. The Mexican warship Usumacinta has docked in Puerto Vallarta carrying 400 military personnel and operational vehicles, while the Air Force deployed tactical aircraft as part of a major security operation. 10. Sec. Hegseth met with Anthropic’s CEO at the Pentagon regarding the use of Claude within classified systems, as defense officials review AI guardrails and future deployment parameters.

Mario Nawfal

90,274 просмотров • 5 месяцев назад

🚨🚨🚨🚨🚨🚨🚨 The video below is from April 2022 at the #FTX Conference in the Bahamas with Bill Clinton (Epstein ties), Katy Perry (Epstein ties), Sam Bankman (ex MIT funded by Epstein), and Tony Blair. Blair, ex UK Prime Minister, was recorded once in Epstein’s “black book” while his cabinet member at the time, Lord Peter Mandelson, was recorded numerous times. The article clip below illustrates Jamie Dimon’s (JPMorgan) involvement. 👇👇👇 “Peter Mandelson was a pivotal figure in modern British politics as co-architect of the election-winning “New Labour” alongside former prime minister Tony Blair. In June 2009, months after Mandelson had returned to government to prop up the beleaguered administration of Blair’s successor Gordon Brown, he was given the additional title of “first secretary of state”. Days later Epstein wrote to Staley, then his personal banker at JPMorgan: “Well for all intends [sic] and purposes Peter Mandelson is now deputy prime minister.” At the time Epstein was serving an 18-month sentence at the private wing of the Palm Beach County Stockade for soliciting a young girl. He was not released on probation until July 22, 2009. Even from behind bars, Epstein was still in regular communication with many of his influential contacts. In the emails referred to in the JPMorgan report, Epstein writes to Staley on June 17 to say: “Peter will be staying at 71st over weekend, do you want to organize either you, or you and Jamie,, quiertly [sic],, up to you.” “Jamie” is an apparent reference to JPMorgan chief executive Jamie Dimon; Staley replied to Epstein that he would come if he was in town but Dimon was in Asia.
0:11

🚨🚨🚨🚨🚨🚨🚨 The video below is from April 2022 at the #FTX Conference in the Bahamas with Bill Clinton (Epstein ties), Katy Perry (Epstein ties), Sam Bankman (ex MIT funded by Epstein), and Tony Blair. Blair, ex UK Prime Minister, was recorded once in Epstein’s “black book” while his cabinet member at the time, Lord Peter Mandelson, was recorded numerous times. The article clip below illustrates Jamie Dimon’s (JPMorgan) involvement. 👇👇👇 “Peter Mandelson was a pivotal figure in modern British politics as co-architect of the election-winning “New Labour” alongside former prime minister Tony Blair. In June 2009, months after Mandelson had returned to government to prop up the beleaguered administration of Blair’s successor Gordon Brown, he was given the additional title of “first secretary of state”. Days later Epstein wrote to Staley, then his personal banker at JPMorgan: “Well for all intends [sic] and purposes Peter Mandelson is now deputy prime minister.” At the time Epstein was serving an 18-month sentence at the private wing of the Palm Beach County Stockade for soliciting a young girl. He was not released on probation until July 22, 2009. Even from behind bars, Epstein was still in regular communication with many of his influential contacts. In the emails referred to in the JPMorgan report, Epstein writes to Staley on June 17 to say: “Peter will be staying at 71st over weekend, do you want to organize either you, or you and Jamie,, quiertly [sic],, up to you.” “Jamie” is an apparent reference to JPMorgan chief executive Jamie Dimon; Staley replied to Epstein that he would come if he was in town but Dimon was in Asia.

Cowboy.Crypto

146,899 просмотров • 2 лет назад

Good morning to everyone in Massachusetts who would like Senator Warren to show us where she got her money. Senator Elizabeth Warren’s latest crusade has taken a turn she did not expect. After loudly demanding that JPMorgan Chase CEO Jamie Dimon testify under oath about Jeffrey Epstein’s finances and declaring that she always says to follow the money, the spotlight has swung right back onto her. Critics were quick to point out that Warren has reportedly accepted more than 800 thousand dollars from companies tied to Big Pharma. So, when she tells the country to follow the money, many are now asking whether she is willing to apply that same standard to her own fundraising. What started as an aggressive attack has turned into a moment that raises tough questions about consistency, credibility, and whether Warren’s moral high ground is as solid as she claims.
0:14

Good morning to everyone in Massachusetts who would like Senator Warren to show us where she got her money. Senator Elizabeth Warren’s latest crusade has taken a turn she did not expect. After loudly demanding that JPMorgan Chase CEO Jamie Dimon testify under oath about Jeffrey Epstein’s finances and declaring that she always says to follow the money, the spotlight has swung right back onto her. Critics were quick to point out that Warren has reportedly accepted more than 800 thousand dollars from companies tied to Big Pharma. So, when she tells the country to follow the money, many are now asking whether she is willing to apply that same standard to her own fundraising. What started as an aggressive attack has turned into a moment that raises tough questions about consistency, credibility, and whether Warren’s moral high ground is as solid as she claims.

Chester Tam

479,561 просмотров • 8 месяцев назад

CLARITY ACT CLEARS SENATE BANKING COMMITTEE, ADVANCES TO FULL SENATE The Digital Asset Market Clarity Act passed its Senate Banking Committee markup today, advancing the most significant US crypto legislation in years to the Senate floor. Chairman Tim Scott opened the session at 10:30 AM ET with all 13 Republicans locked in after Senator John Kennedy committed Wednesday in exchange for a fiduciary duty provision for crypto participants and the attachment of the Build Now Act, a community development housing bill he co-sponsored with Senator Elizabeth Warren. Warren filed 44 of the 130+ amendments and watched them fall one by one along the 13-11 party line. Her amendments on sanctions authority, retirement-account exposure and bank supervisory records relating to Jeffrey Epstein each failed 11-13. Kennedy said he would have voted yes on the Epstein amendment if the phrase "co-conspirators" was stripped, but Scott moved on regardless. Senator Mike Rounds' AI sandbox amendment passed 15-9 with bipartisan support. Markets responded immediately. Bitcoin pushed above $81,000 and Coinbase shares surged more than 8% intraday. Polymarket odds of 2026 CLARITY Act passage repriced from the low 60s to 73% on Kennedy's Wednesday commitment. The ethics provision Democrats demanded, targeting government officials with crypto ties, falls outside the Banking Committee's jurisdiction and will be addressed at later stages. The bill still requires reconciliation with the Senate Agriculture Committee's parallel version, a full Senate floor vote, House reconciliation and a presidential signature. The White House target remains July 4.
0:14

CLARITY ACT CLEARS SENATE BANKING COMMITTEE, ADVANCES TO FULL SENATE The Digital Asset Market Clarity Act passed its Senate Banking Committee markup today, advancing the most significant US crypto legislation in years to the Senate floor. Chairman Tim Scott opened the session at 10:30 AM ET with all 13 Republicans locked in after Senator John Kennedy committed Wednesday in exchange for a fiduciary duty provision for crypto participants and the attachment of the Build Now Act, a community development housing bill he co-sponsored with Senator Elizabeth Warren. Warren filed 44 of the 130+ amendments and watched them fall one by one along the 13-11 party line. Her amendments on sanctions authority, retirement-account exposure and bank supervisory records relating to Jeffrey Epstein each failed 11-13. Kennedy said he would have voted yes on the Epstein amendment if the phrase "co-conspirators" was stripped, but Scott moved on regardless. Senator Mike Rounds' AI sandbox amendment passed 15-9 with bipartisan support. Markets responded immediately. Bitcoin pushed above $81,000 and Coinbase shares surged more than 8% intraday. Polymarket odds of 2026 CLARITY Act passage repriced from the low 60s to 73% on Kennedy's Wednesday commitment. The ethics provision Democrats demanded, targeting government officials with crypto ties, falls outside the Banking Committee's jurisdiction and will be addressed at later stages. The bill still requires reconciliation with the Senate Agriculture Committee's parallel version, a full Senate floor vote, House reconciliation and a presidential signature. The White House target remains July 4.

BSCN

37,269 просмотров • 2 месяцев назад

Warren Buffett on the ratings agencies: “The ratings agencies have had and still have under current conditions an incredibly wonderful business. It takes no capital at all, the pricing power is significant.” Buffett was talking about $SPGI and $MCO. Let’s focus on $SPGI. What makes $SPGI specifically extraordinary is what sits alongside the 𝐑𝐚𝐭𝐢𝐧𝐠𝐬 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 — the 𝐈𝐧𝐝𝐢𝐜𝐞𝐬 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬. Together, these two segments represent perhaps the most capital-light, pricing-power-rich combination in public markets. 𝐑𝐚𝐭𝐢𝐧𝐠𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐦𝐚𝐫𝐠𝐢𝐧𝐬: 𝟔𝟒.𝟑𝟒% (𝐋𝐓𝐌) 𝐈𝐧𝐝𝐢𝐜𝐞𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐦𝐚𝐫𝐠𝐢𝐧𝐬: 𝟔𝟖.𝟗𝟗% (𝐋𝐓𝐌) Both above 60%. Both requiring virtually no capital to sustain. Both collecting tolls on the global financial system whether markets rise or fall — ratings on every bond issued, indices on every dollar of AUM benchmarked against the S&P. And the quality of the entire business is set to improve further. $SPGI is divesting its Mobility division — a business running at 21.62% operating margins (LTM). Removing the lowest-margin segment from the portfolio concentrates the earnings power in the two strongest segments. The business gets cleaner, higher-margin, and more focused. Now the valuation. 𝐋𝐓𝐌 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐩𝐫𝐨𝐟𝐢𝐭 𝐟𝐫𝐨𝐦: 𝐑𝐚𝐭𝐢𝐧𝐠𝐬: $𝟑.𝟏𝟒𝐁 𝐈𝐧𝐝𝐢𝐜𝐞𝐬: $𝟏.𝟑𝟑𝐁 𝐂𝐨𝐦𝐛𝐢𝐧𝐞𝐝: $𝟒.𝟒𝟕𝐁 — from just two segments. At today’s market cap of $119B, you are paying approximately 26x LTM operating profit for those two businesses while the overall portfolio quality is actively improving. It appears Chris Hohn, Pat Dorsey, and Li Lu — among the most rigorous fundamental investors in the world (as well as recent $SPGI insider purchases) — are seeing exactly this in their latest 13Fs. Sometimes the best ideas aren’t hidden. They’re hiding in plain sight and you just have to be a contrarian with strong conviction and patience. ___ 🎙️ Berkshire 2010 Annual Meeting | CNBC Warren Buffett Archive
0:14

Warren Buffett on the ratings agencies: “The ratings agencies have had and still have under current conditions an incredibly wonderful business. It takes no capital at all, the pricing power is significant.” Buffett was talking about $SPGI and $MCO. Let’s focus on $SPGI. What makes $SPGI specifically extraordinary is what sits alongside the 𝐑𝐚𝐭𝐢𝐧𝐠𝐬 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 — the 𝐈𝐧𝐝𝐢𝐜𝐞𝐬 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬. Together, these two segments represent perhaps the most capital-light, pricing-power-rich combination in public markets. 𝐑𝐚𝐭𝐢𝐧𝐠𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐦𝐚𝐫𝐠𝐢𝐧𝐬: 𝟔𝟒.𝟑𝟒% (𝐋𝐓𝐌) 𝐈𝐧𝐝𝐢𝐜𝐞𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐦𝐚𝐫𝐠𝐢𝐧𝐬: 𝟔𝟖.𝟗𝟗% (𝐋𝐓𝐌) Both above 60%. Both requiring virtually no capital to sustain. Both collecting tolls on the global financial system whether markets rise or fall — ratings on every bond issued, indices on every dollar of AUM benchmarked against the S&P. And the quality of the entire business is set to improve further. $SPGI is divesting its Mobility division — a business running at 21.62% operating margins (LTM). Removing the lowest-margin segment from the portfolio concentrates the earnings power in the two strongest segments. The business gets cleaner, higher-margin, and more focused. Now the valuation. 𝐋𝐓𝐌 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐩𝐫𝐨𝐟𝐢𝐭 𝐟𝐫𝐨𝐦: 𝐑𝐚𝐭𝐢𝐧𝐠𝐬: $𝟑.𝟏𝟒𝐁 𝐈𝐧𝐝𝐢𝐜𝐞𝐬: $𝟏.𝟑𝟑𝐁 𝐂𝐨𝐦𝐛𝐢𝐧𝐞𝐝: $𝟒.𝟒𝟕𝐁 — from just two segments. At today’s market cap of $119B, you are paying approximately 26x LTM operating profit for those two businesses while the overall portfolio quality is actively improving. It appears Chris Hohn, Pat Dorsey, and Li Lu — among the most rigorous fundamental investors in the world (as well as recent $SPGI insider purchases) — are seeing exactly this in their latest 13Fs. Sometimes the best ideas aren’t hidden. They’re hiding in plain sight and you just have to be a contrarian with strong conviction and patience. ___ 🎙️ Berkshire 2010 Annual Meeting | CNBC Warren Buffett Archive

Dimitry Nakhla | Babylon Capital®

42,078 просмотров • 2 месяцев назад