I don’t know how Buffett found Greif. In the mid-1940’s the legendary Phil Carret traveled to Omaha to meet a stockbroker named Howard Buffett (Warren’s father). Phil Carret started one of the first mutual funds in the United States. Howard recommended Greif to Carret, and Carret bough...
格雷厄姆-多德都市的超级投资者们 THE SUPERINVESTORS OF GRAHAM-AND-DODDSVILLE -巴菲特1984年在哥伦比亚大学的著名演讲(上) blogbuffett 编辑 1984年在庆祝格雷罕姆与多德合著的《证券分析》发行50周年大会上,巴菲特-这位格雷厄姆在哥伦比亚大学的投资课上唯一给了“A+”的最优秀的学生进行了一次题为“格雷厄姆-多德都市...
and even as it has conducted limited buybacks in recent years, Buffett remains against paying a dividend. Berkshire also is sitting on more than $100 billion in cash currently, and that is a balance-sheet figure that Buffett said in 2007 is the underlying basis for the company’s value...
During amore recent interview with Patrick, Buffett stuck to his guns, saying that he might be more inclined to purchase a professional team if he lived a city, such as Washington, where there were big names. But Omaha is a college town, and he's happy rooting for those teams from the ...
In June 1996, Berkshire’s Chairman, Warren E. Buffett, issued a booklet entitled “An Owner’s Manual*” to Berkshire’s Class A and Class B shareholders. The purpose of the manual was to explain Berkshire’s broad economic principles of operation. An updated version is reproduced on this...
Berkshire first picked up its stake in Goldman Sachs during the financial crisis in 2008. Buffett paid $5 billion for preferred shares and warrants to purchase common stock. The preferred shares, which Goldman redeemed in 2011, came with a dividend yield of 10%. Berkshire bought another...
Although he downplays it, I can only assume that Buffett – with all his experience – really does believe that this transaction has a good likelihood of going through, and even if it doesn’t the downside is limited. He has a different view than the market, and is willing to bet real...
That’s not a tough thing to do. Fund managers are required to report their portfolio’s position to the SEC each and every quarter. Just by cross-referencing the most recent report with the previous one, it’s not too difficult to figure out what Buffett has been buying and sellin...
That same year, Buffett stepped in with a $600 million purchase of preferred stock, making Berkshire Hathaway the owner of 11% of the consumer goods company, and a seat on the board.6Through the 1990s, Gillette's stock price gave Berkshire Hathaway a significant paper profit. In less than...
Buffett’s stock position in the company grew. The objective of the investment was based on solid fundamentals, and not on price fluctuations to which Mr. Market was hyper-reactive. Even though large sell-offs were a period of pessimism for Mr. Market, to Buffett, they were an opportunity ...