Berkshire’s Repurchase Policy: Too Little, Too Late?

Berkshire Hathaway acquired $928 million of its own stock during the third quarter of 2018 through a series of purchases of Class A and Class B shares from August 7 to 24.  A repurchase of this size, relative to the

Book Review: University of Berkshire Hathaway

“It can’t possibly be this easy!” A first time attendee of a Berkshire Hathaway annual meeting might find it hard to believe that there could be any skeptics in the crowd.  In contrast to the boring, useless, and perfunctory meetings

Book Review: There’s Always Something to Do

“There is always something to do.  You just need to look harder, be creative and a little flexible.” — Irving Kahn One of the interesting aspects of the stock market involves the peculiar attitude many investors have when it comes to reacting

Interesting Reading – February 18, 2017

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.

Revisiting Daily Journal Corporation – Five Years Later

Daily Journal Corporation is a publisher of several small specialty newspapers and information services primarily serving the legal and real estate communities in California and Arizona.  With the company’s traditional business experiencing a steady secular decline in recent years, management

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