Warren Buffett is not a proponent of using the concept of "synergies" to justify acquisitions and generally encourages Berkshire Hathaway subsidiaries to operate independently. Business unit managers, or "all stars" as Mr. Buffett referred to them in his biennial letter ...
Berkshire Hathaway's book value per share grew by 13 percent in 2010, slightly behind the 15.1 percent total return of the S&P 500, and stood at $95,453 per A share as of December 31, 2010. Although Warren Buffett and many ...
Warren Buffett and Charlie Munger have made it a habit to never directly state their estimates of Berkshire Hathaway's intrinsic value. Due to the fact that intrinsic value estimates are heavily dependent on assumptions made regarding the future, even Mr ...
According to the latest reports from New Zealand, the death toll from Tuesday's 6.3 magnitude earthquake has reached 113 and is expected to increase further as the grim recovery efforts proceed in the coming days. In terms of financial damage, ...
Alice Schroeder, author of The Snowball: Warren Buffett and the Business of Life, has written an op-ed article for The Financial Times ahead of Saturday's release of Berkshire Hathaway's annual report. In the article, Ms. Schroeder urges Warren Buffett to ...
One of the more important aspects of security analysis involves looking beyond the financial statements of the target company and also examining the financial reports of vendors, competitors, and customers depending on the nature of the business. In the case ...
We briefly examine three of Warren Buffett’s major investment moves during the financial crisis both in terms of results delivered for Berkshire and the impact of his statements and actions on market sentiment in general and the perceived stability of ...
Berkshire has wrapped up a major victory with repayment of the Swiss Re convertible perpetual capital instrument which provided critical funding for Swiss Re in early 2009 at a time when the company was reeling from heavy investment portfolio losses ...
The battle between Apple and Google intensified this week with both companies unveiling long awaited business models for publishers eager to develop recurring revenue sources through sale of tablet based subscriptions. Read this article for our views regarding how the ...
Berkshire Hathaway’s equity portfolio underwent significant changes during the fourth quarter of 2010 due to Lou Simpson’s retirement from GEICO. Although most media reports attribute Berkshire Hathaway’s portfolio moves exclusively to Warren Buffett, a significant portfolio has long been managed ...
In a recent interview with Aviation Week, NetJets Chairman and CEO David Sokol stated that he is "comfortable" with his previous prediction that the company will post pre-tax profits of $200 million for 2010 and that "the business should always ...
Last year we published a short article on value investors finding opportunities in India and highlighted the record of Amitabh Singhi who spoke at the Value Investing Congress in October 2010. Although China has received the bulk of attention from ...
When the Nokia 6160 cellular phone was released in the late 1990s, it was one of the hot technology gadgets of the era. With its "candy bar" styling, good looks, and positive user experience, the phone was very popular and ...
Berkshire Hathaway and Wesco Financial Corporation have announced a definitive merger agreement in which Berkshire will acquire the remaining 19.9 percent of Wesco's common stock that it does not currently own. Berkshire announced its intention to pursue the acquisition in ...
Howard Marks is Chairman of Oaktree Capital Management and has made his memos to clients available to the public for many years. Oaktree, with $80 billion under management, specializes in less efficient markets with a focus on distressed debt investing ...
Planar Energy, a Florida based company is planning to complete a pilot production line that will print lithium-ion batteries onto sheets of metal or plastic in a process similar to a producing newsprint. Read this article for more details ...
Over the past eight months, a number of articles have appeared on The Rational Walk related to the Deepwater Horizon disaster and related investment opportunities. Value investors know that times of stress and uncertainty create opportunities in the financial markets ...
As a nervous world watches the political uprising unfold in Egypt this week, one cannot escape the fact that modern communication systems have made it possible for individuals in poor countries to collaborate in ways that would have been impossible ...