Read this article for more information on BYD's revolutionary e6 electric car including a video of one of BYD's engineers demonstrating the car's features ...
Hurco Companies provided a press release this afternoon with results for the second fiscal quarter of 2009 which ended on April 30. The 10Q report has yet to be posted to the SEC website. While the results reflect significant weakness ...
It appears that MidAmerican Energy's Chairman David Sokol is taking on a higher media profile in recent weeks. MidAmerican is a subsidiary of Berkshire Hathaway and David Sokol has often been mentioned as a front runner to take on the ...
The term "creative destruction" was used to promote countless business models of dubious value during the height of the dot com mania of the late 1990s. In the ensuing collapse, many observers have grown weary of this term and attribute ...
Most of the excitement related to BYD has centered on the remarkable advances the company has made in applying its proprietary battery technology to electric vehicles such as the e6 model which I wrote about earlier this month. BYD's innovations ...
I found an interesting video interview with Bill Ford that is applicable to recent articles on this site regarding electric vehicle technologies. Ever since Berkshire Hathaway announced its investment in BYD, I have tried to follow developments in the industry ...
A.M. Best has reaffirmed the financial strength rating of A++ (Superior) and the issuer default rating of AAA for National Indemnity Group and its subsidiaries. National Indemnity is a subsidiary of Berkshire Hathaway. The outlook for all the ratings is ...
Fortune Magazine recently published an article outlining New Jersey's pension dilemma. Based on the information in this article, it appears that New Jersey could very well be the canary in the coalmine when it comes to the widespread pension crises ...
While there have been countless books written regarding Warren Buffett's track record in business and investing, along with many books of variable quality seeking to find formulas to replicate his success, there are only two full fledged biographies that have ...
This article provides some insights into Benjamin Graham and David Dodd's classic textbook on investing: Security Analysis. The author describes his own experience reading a reproduction of the 1934 edition and the benefits of studying the latest sixth edition instead ...
Everyone knows the old adage about selling in May and coming back on St. Leger's Day in mid September. This year, the chatter about selling out of stocks after the recent rally is particularly loud. Is this a bear market ...
While researching another topic on the Fortune Magazine website, I found an interesting interview with Carol Loomis which was recorded prior to the Berkshire Hathaway annual meeting. As most Berkshire Hathaway shareholders know, Carol Loomis is a longtime friend of ...
Berkshire Hathaway shareholders hoping for major purchases of publicly traded stocks during the market meltdown of the first quarter are likely to be somewhat disappointed by the details of the 13F Report that the company submitted to the SEC this ...
Walter Schloss is one of the "Superinvestors of Graham-and-Doddsville" according to a well known talk given by Warren Buffett at Columbia University over two decades ago. An article adapted from that talk is included in recent editions of The Intelligent ...
The Wall Street Journal reports that Better Place Inc. has demonstrated its battery exchange technology for the first time in Yokohama, Japan. The company has posted a video demonstration of the process in which a specially designed electric car has ...
The Spring 2009 issue of Stanford Lawyer contains an interview with Berkshire Hathaway Vice Chairman Charlie Munger. A streaming video has also been provided. Munger is a longtime donor to Stanford University, most recently funding new graduate school residences, and ...
Wesco reported net income per share of $2.80 for the quarter compared with $2.91 per share in the first quarter of 2008. Results were impacted by weakness in the CORT furniture rental business and Precision Steel's industrial business, which was ...
In today's economic and political climate, few businesses seem less attractive than fractional aviation. Companies are under constant pressure to cut costs particularly in areas that could be perceived as frivolous executive benefits during a deep recession. Executives everywhere have ...
I have been reading more on BYD's history and the path taken by Wang Chuanfu over the past several years. Perhaps the most revealing story I have found was published in the Financial Times in November. The FT article goes ...
Berkshire Hathaway reported results for the first quarter following the close of trading today. While Berkshire reported a loss in terms of GAAP net income for the quarter, the underlying results for the operating business are actually quite solid given ...