Items Tagged With Neubert Top Holdings History

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11. Intel (INTC - $24.04) (part of options cocktail mention and part outright position)
12. Bank Of America (BAC - $47.20)

Off the list since July:
Anglo America PLC UK ADR (AAUK - $27.23) - relative performance
Pfizer Inc (PFE - $23.82) - relative performance

1. Berkshire Hathaway (BRK/A - $147,500) (up from #3) - Wish I owned more.  This just keeps going up huge. The stock is benefiting from the earnings momentum in Property and Casualty insurance plus it's considered a safe place to hide given Warren Buffett's disklike of complex derivatives.

2. Chevron Corp (CVX - $89.04)  (same at #2).  Even with oil down the stock is still cheap. And since I don't like Exxon (XOM) for many reasons, Chevron and Conoco (COP) make up my oil exposure. 

3. Ishares Inflation Protected Treasuries ETF (TIP - $105.35) (down from #1) - I've sold some TIP at 106.75.  Plus some of the calls I wrote against the position have been excercised against me.  While I still think TIPS should make up an important part of any portoflio right now, I'm waiting for a pullback after my sales to pick up some more.

4. Conoco Philips (COP - $81.36 ) (same at #4) See my comments on CVX.  They have been getting some positive press because of their refineries that are projected to have better margins with oil prices falling in the last month.

5. B P Prudhoe Bay Oil RoyaltyTrust (BPT - $74.03)  (same at #5) This is an embarrassment of riches.  I wouldn't buy this now but I have so much in capital gains this year that I can't sell till 2008.  As the royalty owner of the oil under the ground in Alaska, BPT is my least socially conscious investment.

6. Citigroup (C- $33.69) (up from #7): The stock falls, I buy more.  Abu Dabi buys more.  People who average down are buying more.  I've had my fill.  Stock will rally on a CEO being chosen.  My favorite choice for CEO is my old boss at Morgan Stanley (MS), Vikram Pandit.

1. Ishares Inflation Protected Treasuries ETF (TIP - $103.42) - Still my biggest disclosed position but I sold a quarter of it today.
2. Chevron Corp (CVX - $89.04)  Oil up and stock down.  I don't understand so I hold. According to their press releases this past month they are really making an effort at renewable energy.
3. Berkshire Hathaway (BRK/A - $131,250) - Wish I owned more.  This just keeps going up huge.
4. Conoco Philips (COP - $83.21) See my comments on CVX, except they don't have the same commitment to alternative energy.
5. B P Prudhoe Bay Oil RoyaltyTrust (BPT - $76.89) This is an embarrassment of riches.  I wouldn't buy this now but I have so much in capital gains this year that I can't sell till 2008.  My least socially conscious investment.
6. Usiminas S.A. Brazil ADR (USNZY - $77.80) This Brazilian steel company is my favorite in the world and has everything going for it.  I keep holding and collecting fat dividends.
7. Citigroup (C- $38.51) I bought more this month on the way down but above today's price; ouch.  I remain committed to this franchise through the pain.  Besides, with trillions in assets, the Fed is my best auditor of this company.
8. Freeport Mcmoran Copper & Gold (FCX - $112.05) Gold is not up; it's the dollar that is down.
9. Vanguard Pacific ETF (VPL - $73.68) Asian exposure. 
10. Anglo America PLC UK ADR (AAUK - $32.78) Cheapest major global mining company.
11. Chubb Corp (CB - $52.00)  No hurricanes and the cheapest and highest quality of the property and casualty insurers.  I'll probably buy more if it falls.
12. Andarko Petroleum. (APC - $57.24) - this Texas-based oil exploration company went up so much it ended up in my top 15.  They are so cheap. I should sell BPT and buy more APC.
13. 3M (MMM - $83.90) Solid and creative company.  They had a tough earnings report.  I'm sticking with 3M.
14. General Electric (GE - $40.34) - Multinational benefits from falling dollar.  They are trying (but not yet there) to remake themselves into an eco-friendly company of the future.  I'm holding but wouldn't buy more above $37.00.
15.  Microsoft (MSFT - $37.06) Huge run-up in the last few days.  This giant is finally getting recognition for their global exposure (falling dollar helps) and increasing revenues from tech spending.

Off the List since last month:
Bank Of America (BAC - $45.71) I cut part of the position, as I had to be prudent with my bank exposure. If I have to hold a falling money center giant, I prefer Citigroup.
Pfizer Inc (PFE - $23.95) - stock is up a bit since last month but relative performance is weak.  I continue to hold this cheap super giant pharma until new information changes my opinion.