Warren Buffett’s annual Letter to Shareholders is always worth reading even if you didn’t own any shares in Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B). Here are some of the highlights from 2010 letter to shareholders released over the weekend and available on the Berkshire Hathaway website: Conventional wisdom has it that America’s best days are behind it [...]
A recent Fortune magazine article provided an update on Warren Buffett’s $1 million bet with Protégé Partners, a fund of hedge funds money manager that over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S&P 500 will outperform a portfolio of funds of hedge funds, when performance is [...]
It is widely known that the bulk of Warren Buffett’s substantial wealth is concentrated in Berkshire Hathaway (BRK.A, BRK.B) stock. But it isn’t, perhaps, as well known that Mr. Buffett derives the bulk of his income, not from his $100,000 salary from Berkshire but from dividend payments from his personal stock holdings. A recent article [...]
Warren Buffett’s annual Letter to Shareholders is always worth reading even if you are not a shareholder in Berkshire Hathaway (BRK.A, BRK.B). The letters provide valuable insight into the major industries that BRK is operating in — insurance, regulated utilities, retail and services — all delivered in Mr. Buffett’s trademark folksy and witty language. Also [...]
In a chat with Fortune magazine’s Poppy Harlow (available here), Warren Buffett noted that he is not seeing any green shoots in the seventy-odd businesses that Berkshire Hathaway is involved in. But he isn’t seeing any deterioration either. Still, Buffett says he is buying stocks: “We are buying stocks this morning, I can tell you [...]
I must admit that I don’t always thoroughly read the annual reports of the stocks I actually own, but I religiously read the annual report of Berkshire Hathaway as soon as it is published. With all the turmoil in the financial markets, I was anticipating this year’s report more eagerly than usual and Warren Buffet [...]
A recent Reuters story headlined Is Warren Buffett losing his touch? based its case on two thin reeds: Recent price action — Berkshire Hathaway shares have fallen some 23% since the beginning of this month. The report speculated that the fall in BRK price might be due to mounting losses on its derivative contracts. BRK [...]
You may have heard about Warren Buffett’s op-ed piece in The New York Times titled, Buy American. I Am. In it, Mr. Buffett strongly counsels against seeking refuge in the “safety” of fixed income and start buying stocks as there is widespread fear and panic: Today people who hold cash equivalents feel comfortable. They shouldn’t. [...]
Warren Buffett hosted the annual general meeting for Berkshire Hathaway shareholders in Omaha last weekend. The most anticipated part of the meeting is the Q&A session that Buffett and partner Charlie Munger hold with shareholders and this year the duo lived up to expectations and dished out wit and wisdom: Jason Zweig of Money magazine [...]
Thought I do not own shares in Berkshire Hathaway (BRK.A), I eagerly read the letter from Chairman Warren Buffett religiously every year. Unlike most other annual reports, it is a pleasure to read BRK’s report because it not often you hear a Chairman writing frankly (“we also were very lucky” or “be prepared for lower [...]
