Jobs Market isChanging

Oaktree · Nov 21, 2022

MossRoad said:
It's a really good feeling to know you can make a major career change if you have to. Of course, it's better to do it out of want then to be forced into it, but it's very doable. Don't underestimate your own abilities to adapt and learn a new trade at a later age.

Very true, I've done the same myself. What I was referring to were less adaptable skills. For example, last century here in northern New England there were a lot of good paying jobs to be had in paper mills, or related industries. Those, for the most part are gone, and for someone who may have started there right out of high school running a machine in a mill was all they knew. Not always skills that translate well without a lot of re-training.
You and I seem to have followed a similar career path, one required skills that were a bit more portable.

Hay Dude said:
Its real easy to hypothesize that, but when you really are a parent of children, its a MUCH more difficult balancing act than you have said.

One way to turn off a group of parents is to try to tell them what parenting is like when you have no children of your own.

It ain’t easy. In fact, it is one of my most difficult undertakings of my life.

Not arguing with you, I'm sure it is difficult. But some of these things need to be taught, and if parents don't do it who will?
Mine were quite strict, maybe overly so. Sure didn't put up with much BS from me or my siblings. Hated it at the time, but looking back I'm glad they did, well most of it anyway.

ovrszd · Nov 21, 2022

I was Blessed with perfect parents. Instilled a strong work ethic in me. I instilled it in my boys. We've all benefited.

NoTrespassing · Nov 21, 2022

5030 said:
I bet Warren Buffet isn't happy about that. His company, Berkshire Hathaway owns the majority of the RV builders.

	Symbol	Holdings	Stake	Mkt. price	Value	Pct of portfolio
Activision Blizzard Inc	ATVI	60,141,866	7.7%	$73.94	$4,446,889,572	1.3%
Ally Financial Inc	ALLY	30,000,000	10.0%	$26.08	$782,400,000	0.2%
Amazon.com, Inc.	AMZN	10,666,000	0.1%	$92.77	$989,484,820	0.3%
American Express Company	AXP	151,610,700	20.3%	$153.31	$23,243,436,417	6.8%
Aon PLC	AON	4,396,000	2.1%	$303.79	$1,335,460,840	0.4%
Apple Inc	AAPL	915,226,526	5.8%	$149.07	$136,432,818,231	39.8%
Bank of America Corp	BAC	1,032,852,006	12.9%	$37.50	$38,731,950,225	11.3%
Bank of New York Mellon Corp	BK	62,514,934	7.7%	$44.49	$2,781,289,414	0.8%
BYD Co. Ltd	BYDDF	182,480,000	16.6%	$23.56	$4,299,228,800	1.3%
Celanese Corporation	CE	9,710,183	9.0%	$99.96	$970,629,893	0.3%
Charter Communications Inc	CHTR	3,828,941	2.5%	$367.13	$1,405,719,109	0.4%
Chevron Corporation	CVX	169,737,318	8.8%	$177.43	$30,116,492,333	8.8%
Citigroup Inc	C	55,244,797	2.9%	$48.58	$2,683,792,238	0.8%
Coca-Cola Co	KO	400,000,000	9.2%	$61.44	$24,576,000,000	7.2%
Davita Inc	DVA	36,095,570	40.1%	$70.50	$2,544,737,685	0.7%
Diageo plc	DEO	227,750	0.0%	$178.24	$40,594,160	0.0%
Floor & Decor Holdings Inc	FND	4,780,000	4.5%	$72.87	$348,318,600	0.1%
General Motors Company	GM	50,000,000	3.5%	$39.68	$1,984,000,000	0.6%
Globe Life Inc	GL	6,353,727	6.5%	$115.79	$735,698,049	0.2%
HP Inc	HPQ	120,952,818	12.0%	$29.04	$3,512,469,835	1.0%
Itochu Corporation	ITOCF	81,304,200	5.1%	$30.12	$2,448,882,504	0.7%
Jefferies Financial Group Inc	JEF	433,558	0.2%	$37.42	$16,223,740	0.0%
Johnson & Johnson	JNJ	327,100	0.0%	$175.16	$57,294,836	0.0%
Kraft Heinz Co	KHC	325,634,818	26.6%	$38.31	$12,475,069,878	3.6%
Kroger Co	KR	50,268,823	7.0%	$48.02	$2,413,908,880	0.7%
Liberty Latin America Ltd Class A	LILA	2,630,792	5.7%	$7.75	$20,388,638	0.0%
Liberty Latin America Ltd Class C	LILAK	1,284,020	0.7%	$7.72	$9,912,634	0.0%
Liberty Media Corp Series C	FWONK	7,722,451	3.7%	$57.59	$444,735,953	0.1%
Liberty Media Corp Series A	LSXMA	20,207,680	20.6%	$41.90	$846,701,792	0.2%
Liberty Media Corp Series C	LSXMK	43,208,291	19.8%	$41.68	$1,800,921,569	0.5%
Louisiana-Pacific Corp	LPX	5,795,906	8.1%	$61.49	$356,390,260	0.1%
Markel Corp	MKL	471,661	3.5%	$1,265.00	$596,651,165	0.2%
Marsh & McLennan Companies Inc	MMC	404,911	0.1%	$169.18	$68,502,843	0.0%
Mastercard Inc	MA	3,986,648	0.4%	$341.32	$1,360,722,695	0.4%
McKesson Corp	MCK	3,198,344	2.3%	$369.73	$1,182,523,727	0.3%
MONDELEZ INTERNATIONAL INC Common Stock	MDLZ	578,000	0.0%	$65.27	$37,726,060	0.0%
Moody’s Corporation	MCO	24,669,778	13.5%	$291.16	$7,182,852,562	2.1%
Nu Holdings Ltd	NU	107,118,784	2.3%	$4.28	$458,468,396	0.1%
Occidental Petroleum Corporation	OXY	194,351,650	21.4%	$68.14	$13,243,121,431	3.9%
Paramount Global Class B	PARA	91,216,510	15.0%	$18.62	$1,698,451,416	0.5%
Procter & Gamble Co	PG	315,400	0.0%	$143.60	$45,291,440	0.0%
RH	RH	2,360,000	9.9%	$267.56	$631,441,600	0.2%
Snowflake Inc	SNOW	6,125,376	1.9%	$141.43	$866,311,928	0.3%
SPDR S&P 500 ETF Trust	SPY	39,400	0.0%	$394.78	$15,554,332	0.0%
StoneCo Ltd	STNE	10,695,448	3.4%	$11.72	$125,350,651	0.0%
Taiwan Semiconductor Mfg. Co. Ltd.	TSM	60,060,880	1.2%	$80.24	$4,819,285,011	1.4%
T-Mobile Us Inc	TMUS	5,242,000	0.4%	$149.98	$786,195,160	0.2%
United Parcel Service, Inc.	UPS	59,400	0.0%	$179.08	$10,637,352	0.0%
US Bancorp	USB	52,547,023	3.5%	$43.75	$2,298,932,256	0.7%
Vanguard 500 Index Fund ETF	VOO	43,000	0.0%	$362.82	$15,601,260	0.0%
Verisign, Inc.	VRSN	12,815,613	12.1%	$194.85	$2,497,122,193	0.7%
Visa Inc	V	8,297,460	0.2%	$209.00	$1,734,169,140	0.5%
TOTAL					$342,526,753,524	100.0%
Berkshire Cash as of 30 Sep 22: $109.0 billion

Which companies build RV's? I was just looking at this list before reading TBN today. They really like AAPL.

lman · Nov 21, 2022

I didn't see Keystone, Thor, Newmar, Etc.

MossRoad · Nov 21, 2022

ovrszd said:
I was Blessed with perfect parents. Instilled a strong work ethic in me. I instilled it in my boys. We've all benefited.

My folks weren't perfect(pretty close, though

) , but they sure did the best they could for us. My siblings and I are all grateful. Now our kids are grown and expressed gratitude to us for their up bringing. Feels good to hear that from your kids.

MossRoad · Nov 21, 2022

NoTrespassing said:
Symbol Holdings Stake Mkt. price Value Pct of portfolio
Activision Blizzard Inc ATVI 60,141,866 7.7% $73.94 $4,446,889,572 1.3%
Ally Financial Inc ALLY 30,000,000 10.0% $26.08 $782,400,000 0.2%
Amazon.com, Inc. AMZN 10,666,000 0.1% $92.77 $989,484,820 0.3%
American Express Company AXP 151,610,700 20.3% $153.31 $23,243,436,417 6.8%
Aon PLC AON 4,396,000 2.1% $303.79 $1,335,460,840 0.4%
Apple Inc AAPL 915,226,526 5.8% $149.07 $136,432,818,231 39.8%
Bank of America Corp BAC 1,032,852,006 12.9% $37.50 $38,731,950,225 11.3%
Bank of New York Mellon Corp BK 62,514,934 7.7% $44.49 $2,781,289,414 0.8%
BYD Co. Ltd BYDDF 182,480,000 16.6% $23.56 $4,299,228,800 1.3%
Celanese Corporation CE 9,710,183 9.0% $99.96 $970,629,893 0.3%
Charter Communications Inc CHTR 3,828,941 2.5% $367.13 $1,405,719,109 0.4%
Chevron Corporation CVX 169,737,318 8.8% $177.43 $30,116,492,333 8.8%
Citigroup Inc C 55,244,797 2.9% $48.58 $2,683,792,238 0.8%
Coca-Cola Co KO 400,000,000 9.2% $61.44 $24,576,000,000 7.2%
Davita Inc DVA 36,095,570 40.1% $70.50 $2,544,737,685 0.7%
Diageo plc DEO 227,750 0.0% $178.24 $40,594,160 0.0%
Floor & Decor Holdings Inc FND 4,780,000 4.5% $72.87 $348,318,600 0.1%
General Motors Company GM 50,000,000 3.5% $39.68 $1,984,000,000 0.6%
Globe Life Inc GL 6,353,727 6.5% $115.79 $735,698,049 0.2%
HP Inc HPQ 120,952,818 12.0% $29.04 $3,512,469,835 1.0%
Itochu Corporation ITOCF 81,304,200 5.1% $30.12 $2,448,882,504 0.7%
Jefferies Financial Group Inc JEF 433,558 0.2% $37.42 $16,223,740 0.0%
Johnson & Johnson JNJ 327,100 0.0% $175.16 $57,294,836 0.0%
Kraft Heinz Co KHC 325,634,818 26.6% $38.31 $12,475,069,878 3.6%
Kroger Co KR 50,268,823 7.0% $48.02 $2,413,908,880 0.7%
Liberty Latin America Ltd Class A LILA 2,630,792 5.7% $7.75 $20,388,638 0.0%
Liberty Latin America Ltd Class C LILAK 1,284,020 0.7% $7.72 $9,912,634 0.0%
Liberty Media Corp Series C FWONK 7,722,451 3.7% $57.59 $444,735,953 0.1%
Liberty Media Corp Series A LSXMA 20,207,680 20.6% $41.90 $846,701,792 0.2%
Liberty Media Corp Series C LSXMK 43,208,291 19.8% $41.68 $1,800,921,569 0.5%
Louisiana-Pacific Corp LPX 5,795,906 8.1% $61.49 $356,390,260 0.1%
Markel Corp MKL 471,661 3.5% $1,265.00 $596,651,165 0.2%
Marsh & McLennan Companies Inc MMC 404,911 0.1% $169.18 $68,502,843 0.0%
Mastercard Inc MA 3,986,648 0.4% $341.32 $1,360,722,695 0.4%
McKesson Corp MCK 3,198,344 2.3% $369.73 $1,182,523,727 0.3%
MONDELEZ INTERNATIONAL INC Common Stock MDLZ 578,000 0.0% $65.27 $37,726,060 0.0%
Moody’s Corporation MCO 24,669,778 13.5% $291.16 $7,182,852,562 2.1%
Nu Holdings Ltd NU 107,118,784 2.3% $4.28 $458,468,396 0.1%
Occidental Petroleum Corporation OXY 194,351,650 21.4% $68.14 $13,243,121,431 3.9%
Paramount Global Class B PARA 91,216,510 15.0% $18.62 $1,698,451,416 0.5%
Procter & Gamble Co PG 315,400 0.0% $143.60 $45,291,440 0.0%
RH RH 2,360,000 9.9% $267.56 $631,441,600 0.2%
Snowflake Inc SNOW 6,125,376 1.9% $141.43 $866,311,928 0.3%
SPDR S&P 500 ETF Trust SPY 39,400 0.0% $394.78 $15,554,332 0.0%
StoneCo Ltd STNE 10,695,448 3.4% $11.72 $125,350,651 0.0%
Taiwan Semiconductor Mfg. Co. Ltd. TSM 60,060,880 1.2% $80.24 $4,819,285,011 1.4%
T-Mobile Us Inc TMUS 5,242,000 0.4% $149.98 $786,195,160 0.2%
United Parcel Service, Inc. UPS 59,400 0.0% $179.08 $10,637,352 0.0%
US Bancorp USB 52,547,023 3.5% $43.75 $2,298,932,256 0.7%
Vanguard 500 Index Fund ETF VOO 43,000 0.0% $362.82 $15,601,260 0.0%
Verisign, Inc. VRSN 12,815,613 12.1% $194.85 $2,497,122,193 0.7%
Visa Inc V 8,297,460 0.2% $209.00 $1,734,169,140 0.5%
TOTAL $342,526,753,524 100.0%
Berkshire Cash as of 30 Sep 22: $109.0 billion

Which companies build RV's? I was just looking at this list before reading TBN today. They really like AAPL.

His company owns Forest River. As far as I know, that's the only one.
They make not just RVs, though. They make boats, buses, trailers, etc...

While those are all different companies, they are all owned by Forest River, which is owned by BH.

Kinda like if he owned General Motors. He'd own ONE company with multiple brands.

Does Warren Buffett Own an RV Company?

Warren Buffet makes a lot of headlines, but why are we talking about him? There’s a chance he owns the company that manufactured your RV.

www.nomadicnews.com

NoTrespassing · Nov 21, 2022

MossRoad said:
His company owns Forest River. As far as I know, that's the only one.
They make not just RVs, though. They make boats, buses, trailers, etc...

While those are all different companies, they are all owned by Forest River, which is owned by BH.

Kinda like if he owned General Motors. He'd own ONE company with multiple brands.

Does Warren Buffett Own an RV Company?

Warren Buffet makes a lot of headlines, but why are we talking about him? There’s a chance he owns the company that manufactured your RV.

www.nomadicnews.com

Yea, I see that now. The list I posted is just their stock portfolio not including companies actually owned by Berkshire Hathaway.

ovrszd · Nov 21, 2022

MossRoad said:
My folks weren't perfect(pretty close, though ) , but they sure did the best they could for us. My siblings and I are all grateful. Now our kids are grown and expressed gratitude to us for their up bringing. Feels good to hear that from your kids.

Yep.

I slightly overstated. But as yours, mine were pretty close.

two_bit_score · Nov 21, 2022

ddbackhoe said:
sometimes the rewards do not outweigh the additional risk

The worst job you can have at most companies is "supervisor".

MossRoad · Nov 21, 2022

ovrszd said:
Yep.

I slightly overstated. But as yours, mine were pretty close.

The longer I live the more I can understand why my parents did the things they did and why. That goes for work, life lessons, parenting, etc. Nice to be able to live to an age where things start making sense.