Over the weekend, Berkshire Hathaway released Warren Buffett’s annual letter to investors. There’s little doubt in my mind that this is the single most widely read piece of financial content in the world each year. This is now the seventh time I’ve read it at release, and roughly the 40th... Show More
It’s rare to see investors agree on a topic, but when Livewire recently reached out to Roger Montgomery, Ben Rundle, and Jason Teh to find out which ‘super investor’ had influenced them the most, they all agreed: Charlie Munger. Perhaps this shouldn’t be so surprising, given Munger’s influence over his... 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
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
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
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
Warren Buffett's Berkshire Hathaway (BRK) once again posted impressive results. The company's fourth quarter profits rose nearly 10% year-over-year to $5 billion. Moreover, annual profits set a new record, reaching $19.5 billion. Meanwhile, BRK's cash stockpile climbed to over $48 billion. The strong results were led primarily by insurance and... Show More