Money and Finance
Reinvesting at Berkshire...
From Larry Cunningham's latest book, Berkshire Beyond Buffett, which is released tomorrow. The book has a bunch of great info on Berkshire subsidiaries and the people involved in them.
Reinvest profits in promising businesses; this is the central bastion of Berkshire culture driving its acquisitions. Do this to stimulate a complacent workface as James Hambrick did at Lubrizol; to build a company through steady bolting-on and tucking-in the way MiTek does; or to become an industry force like Berkshire Hathaway Energy. But avoid adding capital to businesses that do not generate high returns...
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Warren Buffett Looks Ahead To Berkshire’s Next 50 Years
Link to article: Warren Buffett Looks Ahead to Berkshire’s Next 50 Years Warren Buffett says that lately he’s been pondering the future of Berkshire Hathaway Inc. more than usual. Like in years past, he has been busy composing his annual letter to...
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Berkshire Profit Benefits From Shift To Rail, Utilities
Warren Buffett’s shift toward businesses like railroads and power production that provide steady profits is paying off for his Berkshire Hathaway Inc. Earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for $1.46 billion,...
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Buffett's Latest Bargain: Berkshire Hathaway
For all the adulation he receives, Warren Buffett isn't getting credit where it arguably counts the most: his company's share price. Berkshire Hathaway's Class A shares trade around $128,000 a share. While that's a big number, it's...
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Buffett Reveals Warts As He Prepares Annual Letter
Warren Buffett bought oil stocks near the peak of an energy boom, declined to spend $35 million on a growing television station and swapped a Berkshire Hathaway Inc. (BRK/A) stake for a shoe company he later said was worthless. In each case, shareholders...
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Berkshire Hathaway Authorizes Repurchase Program
OMAHA, Neb.--(BUSINESS WIRE)-- Berkshire Hathaway Inc. (NYSE:BRK.A - News)—Our Board of Directors has authorized Berkshire Hathaway to repurchase Class A and Class B shares of Berkshire at prices no higher than a 10% premium over the then-current book...
Money and Finance