We’ve heard a lot from investors around the world about late-cycle investing in recent times. The consensus tells us that the end of the bull market is not too far away, but not absolutely imminent. But what does the world’s greatest investor have to say on the matter? Show More
NAOS Asset Management attended the 2018 Berkshire Hathaway Annual Shareholders Meeting on Saturday, May 5 in Omaha, Nebraska. During the 6 hour meeting, Warren Buffett and Charlie Munger answered questions from journalists, analysts and shareholders, of which 40,000 were in attendance. Five of most important themes from the meeting in... Show More
Berkshire Hathaway held its AGM in Omaha, Nebraska in the early hours of Sunday morning local time. The annual ‘Woodstock for capitalists’ continues to draw huge crowds hoping to hear the wisdom and wit of two of the world’s great investors. Show More
There have been so many results which have provoked share price volatility, with the usual mix of outstanding results such as CSL balanced by disappointing results like Vocus. Or ones like Boral, where management convinced the market the outlook is bright despite a weak performance in key parts of the... Show More
The various challenges facing the healthcare sector today have been brought to light recently with media headlines highlighting the pressures at play in a very competitive industry. The cost of healthcare in the US is a key challenge for providers and consumers of healthcare, where we have seen companies such... Show More
The latest Buffett letter was released over the weekend. At 17 pages, it was shorter than we’ve become used to, but there was no lack of wisdom flowing from the 87-year-old from Omaha. Notably absent from this year’s letter was any discussion of the Wells Fargo debacle. Buffett has a... Show More
I’m going to admit it upfront. I’ve made some investment blunders over the years. Before we get into the details, please allow me to quickly introduce myself. I’m Kent Kwan, one of the co-founders of AtlasTrend and I have over 15 years of professional experience in the global investment markets.... Show More
US healthcare stocks were hit hard overnight on news that Amazon has healthcare in its sights, backed by Berkshire Hathaway and JP Morgan. Jamie Dimon summarised plans in saying: “Our goal is to create solutions that benefit our U.S. employees, their families and, potentially, all Americans”. Show More
Berkshire Hathaway Vice Chairman, Charlie Munger, is not known for his subtlety. In a recent conversation at the University of Michigan, Munger was true to style and has some fairly strong messages for cryptocurrency enthusiasts and novices alike. A transcription of his comments on Bitcoin is available below, or you... Show More
I’m sure I’m not the only one running the ruler over capital goods giant GE (General Electric). Still influenced by the rein of Jack Welch from 1981-2001, the company is number 1 or 2 in an astounding array of businesses. Pretty good businesses at that. Show More
Christ Titley at Morgans recently hosted us on his podcast on the subject of our recent trip to the Berkshire Hathaway annual shareholders meeting. Below are the key take-away’s, with a link to the full podcast. Totus has been a holder of Berkshire Hathaway for four years. We've read widely... Show More
In a very special podcast I chatted with Tom Millner and Will Culbert (BKI responsible manager) and Ben McGarry (Totus Capital) about why they make the journey to Omaha and the Berkshire Hathaway AGM and the learnings from it. Show More
For only the second time in history, the Berkshire Hathaway Annual shareholders meeting is being live-streamed. Chairman and CEO Warren Buffett, and his right-hand man Charlie Munger share their unscripted views on the company, the markets, the economy starting at midnight (AEST) this Saturday: Show More
It's been a dream run for equities recently, with indices steadily floating higher. This week, however, volatility returned and investors got a sniff of reality. With this in mind, we’ve asked our panel to focus on stocks that possess strong defensive characteristics. Show More
Having just consumed Buffett’s most recent letter to Berkshire Hathaway investors, I thought I’d share some of the most interesting parts with Livewire readers. Buffett is clearly not familiar with the concept of ‘talking your own book’ (an industry term for unabashedly talking up one’s own investments), happily taking swipes... Show More
Regular readers will know I’m somewhat of a Buffett-watcher, not so much for stock picks, but for what we can learn about his approach to business and investing. Buffett is known for his love of insurance companies, with Berkshire owning a range of insurance companies, from GEICO to Berkshire Hathaway... Show More
There is no debate about the long-term investment success delivered by Berkshire Hathaway. Since 1965, compound growth in per-share book value of Berkshire has far outstripped growth delivered by an investment in the S&P500 Index, resulting in an exceptional long term investment experience for Berkshire’s owners. However, while the long-term... Show More
US regulatory filings are in for the second quarter, and as always, they've created a stir. Each quarter the '13-F report' shows what fund managers with over $100 million in assets have been up to. Berkshire Hathaway, which is run by Warren Buffett, increased its stake in Apple by 55%... Show More
For anyone who missed the live broadcast, here are ten of our favourite Warren Buffett and Charlie Munger quotes. Show More
We attended the 51st annual Berkshire Hathaway AGM in Omaha, Nebraska. In customary fashion, Warren and Charlie answered questions from shareholders for 6 hours on topics ranging from renewable energy to taxes on sugar. Below we highlight three key takeaways from the meeting; Show More