Being a shareholder of Berkshire Hathaway, I had an opportunity to attend the shareholder’s meeting for the second time. I boarded the flight from San Francisco on Friday May 2nd. It was not a direct flight and I had to stop over in Dallas/Fort Worth. During the flight journey I started reading the book How Children Succeed.…
I am a shareholder of Berkshire and I wrote about my understanding of its business here. Few hours back Buffett published his 49th shareholder’s letter. As usual it is a treat and I throughly enjoyed reading it. Some of the highlights from the letter. 1. Business Insurance float grew by 5.63% from $73.12 billion to $77.24 billion. The underwriting…
I own class B (BRK.B) shares of Berkshire Hathaway. In 2013 I had the privilege to attend the shareholders meeting and I wrote about my experience here. In this post I am writing about my understanding of Berkshire’s business, management and its valuation. Business Let us start with the balance sheet. Berkshire’s balance sheet as of Sep…
Seeking Wisdom 