“Today, I would rather prep for a colonoscopy than issue Berkshire shares.” — Warren Buffett, 2016 letter to shareholders The last Saturday in February has become something of a ritual for Berkshire Hathaway shareholders as well as many other interested observers. Some
In this series, we suggest worthwhile reading material on a variety of topics of general interest. Daily Journal Corporation Annual Meeting – February 15, 2017. Charlie Munger spoke for nearly two hours at the Daily Journal annual meeting in Los Angeles.
Many aspects of life seem to have asymmetrical qualities. One obvious example involves the amount of time and effort required to build a reputation, both from a personal and professional perspective. It can take many years to earn the confidence needed
Snap Inc., the parent company of the popular Snapchat app, has officially filed the paperwork required to go public in an offering expected to raise up to $3 billion. Characterizing itself as a “camera company” that has reinvented the way in which
“The compensation committee relies on its own good judgment in carrying out its duties and does not waste shareholder money on compensation consultants.” — Daily Journal Corporation 2017 Proxy Statement Reading primary sources of information remains the single most important