Whitney Tilson was on CNBC earlier today commenting on the Berkshire Hathaway earnings outlook and his short position in Opentable Inc..
Berkshire is due to report tomorrow after the market close. Tilson has a long position in the Buffett stock and he thinks the company will report a 30% year-over-year increase in quarterly operating earnings, just like last year.
Tilson also commented on his short position in Opentable. Opentable reported yesterday and the stock is up 17% since the report. Tilson thinks it is a good company but the valuation level is too high. “Eventually the gravity will catch up”, he said.
Berkshire is due to report tomorrow after the market close. Tilson has a long position in the Buffett stock and he thinks the company will report a 30% year-over-year increase in quarterly operating earnings, just like last year.
Tilson also commented on his short position in Opentable. Opentable reported yesterday and the stock is up 17% since the report. Tilson thinks it is a good company but the valuation level is too high. “Eventually the gravity will catch up”, he said.
