Happiness! Another year passes and with it comes the opportunity to read one more of Warren Buffett's Letters to Shareholders. On Saturday, Berkshire Hathaway published its 2017 Annual Report, and I was excited to read it. For more information about the company, I have written about Berkshire Hathaway several times: Berkshire Hathaway 2016 Annual Report Berkshire Hathaway Valuation Berkshire …
It is almost certain that Berkshire Hathaway will sustain heavy insurance losses from hurricanes Harvey and Irma. Although Warren avoided selling catastrophe insurance in recent years, Geico insures thousands of cars in the affected areas. In anticipation of a severe decline in Berkshire's share price, I reviewed its most recent quarterly statement to calculate how …
"A great company is not a great investment if you pay too much for the stock." - Benjamin Graham I love cheap stocks, and if the company is also good, that's even better. Once I finished valuing Berkshire Hathaway, I needed to find companies to research next, so I decided to use a share screener to search for …
"It's better to be approximately right, than precisely wrong." - Warren Buffett Following from my last post, where I placed Berkshire Hathaway on the 'Yes' tray, I read the latest quarterly report to value the company according to its latest figures. Coming in at 51 pages, it was definitely a faster read than the annual …
I've been following Warren Buffett and his company, Berkshire Hathaway, for more than 10 years now, ever since I was at university, so it's only suitable that this is the first company I write about. Warren Buffett says that he never looks at a share's price before reading its annual report because he's afraid that …
