In this article, I want to shed some light on the financial statements of Berkshire Hathaway. Berkshire is a company that can best be described as a diverse collection of businesses, consisting of a large insurance segment, wholly-owned subsidiaries in a variety of industries such as retail and manufacturing, partly-owned businesses in the form of …
Continue reading Berkshire Hathaway: from GAAP to Economic Reality
In the investment management industry, success isn't just about picking the right stocks—it's about partnering with the right investors. The importance of this relationship becomes particularly evident during market downturns, when investment philosophies are truly tested. The Critical Role of Investor Alignment When markets decline and uncertainty rises, many investors naturally feel uneasy about their …
Continue reading The Investor-Manager Match: Why Compatible Capital is the Key to Long-Term Success
Roman Esseveld 