6 Things Missing From Warren Buffett’s Annual Letter

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Kevin Clayton. Clayton Homes. Manufactured housing.

Geico Insurance is mentioned in Buffett’s latest annual letter.  The glories of float, compound interest, and reasons for buying that gecko symbol insurance brand is part of what is promoted in Warren Buffett’s annual cover letter to Berkshire Hathaway (BRK) shareholders.

But the 6 words just below the featured image, above? They are nowhere to be found in that same cover letter.

What is and isn’t shown by Buffett ought to matter to industry pros and investors. Never forget, those BRK shareholders are Buffett’s and Charlie Munger’s partners.  He is speaking to them, and to others he hopes to attract to his fold. They are also deflecting from critics, via that same letter.

We’ll look more at potentially why those 6 things that influence affordable housing and HUD Code manufactured homes aren’t mentioned, plus the data from the report itself, another time soon.

But for now, with no further adieu, let’s dive into the headlines of various reports and market reviews from the week that was from 2.17.2019 to 2.24.2019.

What’s New on MHLivingNews

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Mobile Home Burns, Woman Dies, Details At Ten – Back Story of Mobile Home Fires, Regulatory Facts – manufacturedhomelivingnews.com

Preface. Mistakes happen. People can learn from them, or not. Mature adults should ideally not allow themselves to be defined by errors – because everyone has their share of mistakes and ignorance. Rather, people of all ages and backgrounds are better defined by their behavior after an error has been uncovered.

What’s New from Washington, D.C. from MHARR

 

HUD Whitewash on DOE Rule Costs, More Washington Manufactured Housing Updates | Manufactured Housing Association Regulatory Reform

HUD WHITEWASHES ALLEGED DOE ENERGY RULE COSTS PROCEDURAL CHANGES SHOULD APPLY TO ANY DOE MH RULE REVISED DTS PLANS RELEASED – CHATTEL STILL IN LIMBO 2018 PRODUCTION UP – BUT SHORT OF 100,000 HOME BENCHMARK UNFINISHED BUSINESS – HUD MONITORING CONTRACT REFORM CONGRESS TAKES UP GSE REFORM HUD ANNOUNCES MHCC/SUBCOMMITTEE

What’s New on the Masthead

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The Masthead

To be radical, at its core, means to get to the heart of an issue. Aspirational means a hope that is sought, hopefully one worthy of achievement. Black history month here in the U.S. inexorably leads us to ponder the words, deeds, and examples of the Dr. Martin Luther King, Jr.

What’s New on the Daily Business News on MHProNews

 

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Saturday 2.23.2019

  In Connected World, Oil and More Impacts Factory-Builders, What Does Latest Unrest Mean? Plus More Headline Topics

In Connected World, Oil and More Impacts Factory-Builders, What Does Latest Unrest Mean? Plus More Headline Topics

Friday 2.22.2019

  Senator Dick Durbin (IL-D), On The Record, RE: Green New Deal, plus MH Stock Updates

Senator Dick Durbin (IL-D), On The Record, RE: Green New Deal, plus MH Stock Updates

Modular Company Sued For Alleged Breach on Four Homes

 

  Will Canadian City’s Tax Plan Inspire U.S. or More Canadians to Follow With Affordable Housing Battle Tool?

Will Canadian City’s Tax Plan Inspire U.S. or More Canadians to Follow With Affordable Housing Battle Tool?

Thursday 2.21.2019

  Is Manufactured Housing Industry Backstab Coming Into Clearer Focus?

Is Manufactured Housing Industry Backstab Coming Into Clearer Focus?

  China Trade, Fed, Mixed Signals on Meh Day, Plus Manufactured Home Market Updates

 

  Discrimination!? Ethnic, Racial Bias by Manufactured Home Community Investigated – Investors and Community Owner Alert

Discrimination!? Ethnic, Racial Bias by Manufactured Home Community Investigated – Investors and Community Owner Alert

 

  Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

Wednesday 2.20.2019

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

  HUD Warns PHAs, Manufactured Housing Pros – Take Note

  Arrested! Attorney General Files Charges on Manufactured and Modular Home Retailer, Police Arrest Suspect

Arrested! Attorney General Files Charges on Manufactured and Modular Home Retailer, Police Arrest Suspect

  Do Looming Shareholders Suits Against Cavco Industries Foreshadow Problems for More Manufactured Home Industry Publicly Traded Firms?

Do Looming Shareholders Suits Against Cavco Industries Foreshadow Problems for More Manufactured Home Industry Publicly Traded Firms?

 

Tuesday 2.19.2019

  “…Results have been Catastrophic.” Official Text-POTUS Trump on Socialism Speech + FLOTUS Melania Video, Plus Manufactured Housing Stock Updates

“…Results have been Catastrophic.” Official Text-POTUS Trump on Socialism Speech + FLOTUS Melania Video, Plus Manufactured Housing Stock Updates

 

  Manufactured Housing Institute February 2019 Monthly Economic Report, with 2018 Revelations

Manufactured Housing Institute February 2019 Monthly Economic Report, with 2018 Revelations

  Manufactured Home Community Residents on ‘Rent Strike,’ Republican Lawmaker Calls Foul

Manufactured Home Community Residents on ‘Rent Strike,’ Republican Lawmaker Calls Foul

  The 2020 Census, Supreme Court, Manufactured Housing, and You

 

Monday 2.18.2019

  Presidents Day Facts and Video Quiz

Presidents Day Facts and Video Quiz

  Clayton Retail GM Earns Big Bucks, Insider Insights for Manufactured Housing

Clayton Retail GM Earns Big Bucks, Insider Insights for Manufactured Housing

  Democratic and Republican Policy Dilemmas, Affordable Housing, Economic Growth, and Manufactured Homes

  Patrick Caddell, pollster to Former President Jimmy Carter, Dies at 68

Patrick Caddell, pollster to Former President Jimmy Carter, Dies at 68

Sunday 2.17.2019

  “If Everyone is Going Left, Look Right” – ELS Chairman Sam Zell’s Mantra, Manufactured Homes, and Contemporary Controversies

“If Everyone is Going Left, Look Right” – ELS Chairman Sam Zell’s Mantra, Manufactured Homes, and Contemporary Controversies

The details above are what they are. In an era when news is highly partisan, having other perspectives is not only nice, it is necessary. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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HUD Code Manufactured Home Production Decline Persists – Time For Action Not Excuses | Manufactured Housing Association Regulatory Reform

Washington, D.C., February 4, 2019 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured home production declined again in December 2018.

“The Illusion of Motion Versus Real-World Challenges” | Manufactured Housing Association Regulatory Reform

Motion – or, more accurately, activity – in and of itself, is not necessarily synonymous with, or equivalent to, realprogress, or, in fact, any progress at all.

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