This page displays a full listing of all articles published on The Rational Walk since 2009. AllBerkshire Hathaway (296)Books (114)Company Analysis (100)Company News (110)Economics (165)Investing (107)Journal (39)Personal Finance (34)Philosophy (15)The Digest (178)Charlie Munger (1924 – 2023) November 28, 2023 Buffett Accelerates Gifts to Family Foundations November 22, 2023 Berkshire Hathaway’s Q3 2023 Results — Manufacturing, Service, and Retailing November 8, 2023 GEICO Prioritizes Profits Over Market Share November 7, 2023 Buffett Continues to Avoid Long-Term Bonds November 6, 2023 Berkshire Hathaway’s Q3 2023 Results — Overview November 5, 2023 Pilot’s Founders vs. Berkshire Hathaway November 1, 2023 Buffett Resumes Occidental Purchases October 26, 2023 Warren Buffett on Inflation — Part 3 September 26, 2023 Warren Buffett on Inflation — Part 2 September 23, 2023 Warren Buffett on Inflation — Part 1 September 18, 2023 Warren Buffett’s Canvas August 30, 2023 The Berkshire Hathaway MBA August 14, 2023 A Very Strange Public Offering August 11, 2023 Berkshire Hathaway’s Q2 2023 Results August 6, 2023 AMA #1: Berkshire Hathaway June 30, 2023 Berkshire Hathaway’s Retained Earnings Test June 28, 2023 Berkshire Hathaway: Reinsurance, Inflation, Insider Ownership, and Worst Case Scenarios June 23, 2023 Should Berkshire Hathaway Disclose Performance for Investment Managers? June 21, 2023 Warren Buffett’s Advice on Stocks vs. Bonds June 3, 2023 Buffett’s Occidental Endgame May 19, 2023 Berkshire Hathaway’s Q1 2023 Results May 10, 2023 Berkshire Hathaway’s 2023 Q&A Session May 8, 2023 Progressive vs. GEICO: The Battle Continues May 5, 2023 Berkshire Hathaway Meeting Links May 4, 2023 Berkshire Hathaway’s Class B Discount April 27, 2023 Berkshire Hathaway Annual Meeting Questions April 22, 2023 Berkshire Hathaway’s 2023 Proxy Statement March 18, 2023 Berkshire Hathaway’s Fixed Maturity Portfolio March 16, 2023 Berkshire Resumes Occidental Purchases March 8, 2023 Warren Buffett’s 2022 Letter to Shareholders February 26, 2023 Berkshire Hathaway as an Income Stock? February 17, 2023 In Search of the Buffett Premium January 27, 2023 The Case for Splitting Berkshire’s Class A Shares November 21, 2022 A Closer Look at Berkshire Hathaway’s Operating Income November 7, 2022 Greg Abel’s Bet on Berkshire Hathaway October 7, 2022 Dempster Mill Manufacturing Company August 29, 2022 Berkshire’s Ownership of Occidental Exceeds 20% August 11, 2022 Berkshire Hathaway’s Q2 2022 Results August 8, 2022 Berkshire Hathaway’s Distorted Quarterly Results August 7, 2022 Buffett’s Bet on Occidental Petroleum July 21, 2022 Buffett’s Philanthropic Record June 15, 2022 Top Ten Highlights From Berkshire Hathaway’s 2022 Annual Meeting May 2, 2022 Berkshire Hathaway 2022 Annual Meeting April 29, 2022 How Berkshire Could Deploy $6 Billion April 26, 2022 Does it Make Sense for Berkshire Hathaway to Acquire Markel Corporation? April 15, 2022 Chris Bloomstran Interview April 10, 2022 What Does Buffett See in Alleghany? March 21, 2022 Berkshire’s Directors Have Skin in the Game March 12, 2022 Berkshire’s Future Depends on Voting Control March 3, 2022 Warren Buffett’s 2021 Letter to Shareholders February 26, 2022 Berkshire’s CEO Succession: A Brief Look at Incentives May 11, 2021 Buffett’s SEC Filing Implies Repurchases July 13, 2020 Berkshire Hathaway Annual Meeting Questions April 28, 2020 Thoughts on Berkshire’s Deployable Cash April 21, 2020 Berkshire Hathaway and the Coronavirus Crash March 22, 2020 Buffett Loosens the Purse Strings for Repurchases February 24, 2020 Twenty Years of Owning Berkshire Hathaway February 15, 2020 Warren Buffett Moves the Goalposts! February 27, 2019 Berkshire’s Repurchase Policy: Too Little, Too Late? November 4, 2018 Thoughts on Share Repurchases and Capital Allocation July 19, 2018 Highlights From Warren Buffett’s 2016 Letter to Shareholders February 25, 2017 Berkshire’s Post-Election Record High November 10, 2016 Revisiting Berkshire’s Wrigley Investments November 6, 2016 Berkshire Hathaway in 2026 April 26, 2016 Berkshire Hathaway Energy Valuation Indicators March 7, 2016 Reassessing Berkshire’s Insurance Operations March 1, 2016 Berkshire Hathaway: The Next Ten Years February 25, 2016 Berkshire’s Repurchase Level is not a “Floor” January 7, 2016 An Introduction to Charlie Munger’s Investment Philosophy October 22, 2015 How to Read the Berkshire Hathaway Annual Report February 27, 2015 Revisiting Berkshire Hathaway’s Valuation September 18, 2014 Munger’s Prescription for Corporate Governance March 21, 2014 Berkshire Hathaway Stock Repurchase Odds Increase February 4, 2014 An Examination of Berkshire Hathaway’s Retained Earnings Test January 14, 2014 Revisiting Berkshire Hathaway’s Acquisition of BNSF November 5, 2013 Berkshire Hathaway Approaches Record High February 1, 2013 Assessing the Past Decade at Berkshire Hathaway February 26, 2012 Sokol’s Statements on CNBC Contradict Lubrizol’s Proxy Statement March 31, 2011 Sokol: My Mistake Was Suggesting Lubrizol to Buffett March 31, 2011 Sokol’s Resignation Raises Questions Regarding Lubrizol Transaction March 30, 2011 MidAmerican Energy Investor Presentation Slides March 29, 2011 Berkshire’s Investment Write-Downs: “Gotcha Moment” or Difference of Opinion? March 29, 2011 Video Interview With Berkshire Hathaway’s Ajit Jain Via New Delhi Television March 24, 2011 Buffett: Berkshire’s Board Would Support Jain as Successor (But Jain’s Not Interested) March 22, 2011 Buffett’s Still Looking for Elephants But Reluctant to Use Berkshire Shares March 22, 2011 Berkshire’s Ajit Jain Comments on Indian Insurance Market, Japan, and Succession Issues March 22, 2011 Goldman Sachs Plans to Redeem Berkshire Hathaway’s Investment March 18, 2011 Transcript of Warren Buffett’s FCIC Testimony via Santangel’s Review March 15, 2011 Buffett Bags a Zebra: An Initial Look at Lubrizol Corporation March 14, 2011 What Does Buffett’s Valuation of GEICO Imply for Progressive? March 6, 2011 Berkshire Hathaway: In Search of the “Buffett Premium” — Now Available! March 1, 2011 Assessing ‘Synergy’ Potential Between MidAmerican Energy and Burlington Northern Santa Fe February 28, 2011 Berkshire Hathaway Posts Solid 2010 Results; Firing on All Cylinders After Recession February 26, 2011 Buffett’s Annual Letter Offers Insight on the ‘Three Pillars’ of Berkshire’s Intrinsic Value February 26, 2011 Buffett’s Biographer Calls for More Disclosure on Berkshire Succession February 24, 2011 Examining Berkshire’s Retroactive Reinsurance Transaction with CNA Financial February 24, 2011 Buffett Seizes Opportunities During Financial Crisis February 23, 2011 Berkshire Hathaway Scores Major Victory With Swiss Re Investment February 18, 2011 Lou Simpson’s Retirement Prompts Berkshire Portfolio Changes February 15, 2011 NetJets Posts Profits But Margins Remain Under Pressure February 10, 2011 Berkshire Enters into Agreement to Acquire Wesco; “Afternoon With Charlie” Planned February 7, 2011 Berkshire Likely to Pay Dividends Eventually — But Not This Year January 22, 2011 Buffett to Retire From Washington Post’s Board January 20, 2011 Excerpts From In Search of the “Buffett Premium” January 15, 2011 Gates Foundation Selling Should Have Limited Impact on Berkshire’s Stock Price November 15, 2010 Examining Berkshire’s Q3 Results With Special Focus on NetJets November 6, 2010 Swiss Re Repays Berkshire’s Investment After Buffett Eases Early Payment Terms November 4, 2010 What We Know (And Don’t Know) About Berkshire’s Succession Planning October 31, 2010 Sokol May Increase Stake in Middleburg Financial October 29, 2010 Berkshire Hathaway Hires Todd Combs as Investment Manager October 25, 2010 NetJets Plans to Expand Fleet Amid Continued Weakness in Business Aviation October 18, 2010 Buffett’s Purchase of Berkshire Hathaway Was a $200 Billion ‘Value Trap’ October 18, 2010 Buffett: Why Own Bonds When You Can Own Equities? October 6, 2010 Furor Grows Over Munger’s ‘Suck It Up and Cope’ Comment September 21, 2010 Rockefeller vs. Railroads: Regulatory Debate Heats Up in Washington September 16, 2010 Charlie Munger Speaks to University of Michigan Law Students September 15, 2010 Buffett Sees Broad Based Economic Recovery Ahead September 13, 2010 NetJets Mired in Controversy Over Possible Brand Erosion; Exclusive Details on Satisfaction Survey September 10, 2010 Burlington Northern Sells $750 Million in New Bonds September 9, 2010 Berkshire Hathaway Will Not Increase Wesco Bid September 1, 2010 CORT Acquires Lounge22 Rental Business September 1, 2010 Berkshire Hathaway May Bid for Direct Line August 30, 2010 Buffett Plans to Work Past 100 by ‘Thinking Outside the Box’ August 27, 2010 Berkshire Hathaway May Acquire Full Ownership of Wesco Financial August 26, 2010 Sokol Complains About ‘Deceit’ Among Disgruntled NetJets Employees August 26, 2010 Lou Simpson Plans to Retire from GEICO in December August 21, 2010 Revisiting Burlington Northern’s Plans for Capex August 9, 2010 Wesco Financial’s Results Improve Despite Continued Weak Sales at CORT August 9, 2010 Berkshire Emerges from Recession With Sharply Higher Operating Profits August 6, 2010 Santulli Returns to Aviation with Launch of Milestone Aviation Group August 4, 2010 Sokol Restores NetJets to Profitability But Not Without Controversy August 2, 2010 Munger: Li Lu’s Future at Berkshire Hathaway is a “Foregone Conclusion” July 29, 2010 Prem Jain: Buffett is a ‘Value + Growth’ Investor July 29, 2010 NetJets Continues Restructuring with Office Consolidation July 22, 2010 Temperament Makes Warren Buffett a Genius July 19, 2010 Jordan’s Furniture Offers Another Unusual Red Sox Promotion July 16, 2010 Jim Cramer Looks at Berkshire Hathaway’s Technical Indicators July 13, 2010 Buffett’s a Heavy Internet User; But That’s Not Really Surprising July 8, 2010 Buffett: Double Dip Recession is Unlikely July 8, 2010 Berkshire’s Q2 2010 Portfolio Performance Mirrors Overall Market June 30, 2010 Berkshire Wins World Cup Bet as France Falls to South Africa June 23, 2010 Berkshire Hathaway Entering Indian Auto Insurance Market June 21, 2010 The Collector: 1977 WSJ Article on Buffett Strikes Familiar Themes June 18, 2010 Berkshire Hathaway 2010 Briefing Book: Special Student Offer June 16, 2010 Was Buffett Too Easy on Moody’s in FCIC Testimony? June 3, 2010 Interesting Political Aspects of Buffett’s FCIC Testimony June 2, 2010 Berkshire Hathaway Reduced Kraft Position During First Quarter May 17, 2010 Burlington Northern’s CEO Plans for Accelerated Capex May 12, 2010 Berkshire Reports Strong Q1 2010 Results May 8, 2010 Munger Comments on Potential for Wesco to Become Wholly Owned by Berkshire May 6, 2010 2010 Annual Meeting Resources and Links May 4, 2010 NetJets Europe Performance Improves in First Quarter May 4, 2010 Buffett on Goldman Sachs, Derivatives, and the Economy May 3, 2010 Peter Boodell’s Berkshire Hathaway Annual Meeting Notes May 3, 2010 Berkshire Hathaway 2010 Annual Meeting Resource Page April 30, 2010 Munger: Lehman’s Behavior Represented Worst of Wall Street April 30, 2010 Buffett Observes Big Upswing in Business Starting in March April 30, 2010 Berkshire Lobbies Congress on Derivatives Collateral Requirements April 26, 2010 Buffett Gives Goldman Sachs Another Vote of Confidence April 23, 2010 NetJets Posts a Profit in First Quarter April 22, 2010 Iscar’s Sales are Recovering; Wertheimer Looks at Expansion Possibilities April 21, 2010 David Sokol on Cap & Trade, Buffett’s Environmental Philosophy April 21, 2010 Highlights From Buffett Partnership Letters April 19, 2010 A Closer Look at Berkadia Commercial Mortgage April 15, 2010 Barclays Capital’s Bearish Forecast for GEICO is Unwarranted April 14, 2010 Berkshire Hathaway Director Ron Olson Talks About CEO Succession April 13, 2010 Forest River Manager Sues Berkshire For Wrongful Termination April 8, 2010 Exclusive Interview with Prem Jain, Author of ‘Buffett Beyond Value’ April 8, 2010 Wesco’s CORT and Precision Steel Units Were “Hammered” in 2009 March 29, 2010 Berkshire’s McLane Subsidiary Acquires Kahn Ventures March 23, 2010 A Response to S. Raj Rajagopal’s Short Case for Berkshire Hathaway March 17, 2010 Clayton’s i-house Experiencing Slow Sales March 16, 2010 A Closer Look at Berkshire’s Executive Compensation Policy March 12, 2010 Berkshire’s Investment in BYD: A Bet on Wang Chuan-Fu March 10, 2010 Hank Greenberg Ready to Testify About General Re Transaction March 6, 2010 Examining Berkshire Hathaway’s Loss Estimation Accuracy March 4, 2010 Buffett Clarifies Retained Earnings Policy March 3, 2010 Does BNSF Belong in Berkshire’s Utility Segment? March 1, 2010 Berkshire Hathaway 2010 Briefing Book Now Available! February 28, 2010 Highlights from Warren Buffett’s 2009 Letter to Shareholders February 27, 2010 Taking a Long Term View of Berkshire’s Non-Insurance Subsidiaries February 25, 2010 Charlie Munger’s Latest Parable: Basically, It’s Over February 20, 2010 Burlington Northern Plans Expansion in Alabama February 20, 2010 Swiss Re Declares Intention to Redeem Berkshire Investment February 19, 2010 From Cigar Butts to Business Supermodels February 16, 2010 Active 4th Quarter for Berkshire Hathaway’s Stock Portfolio February 16, 2010 Berkshire and Burlington Northern Final Merger Terms Announced February 12, 2010 Burlington Northern CEO Matthew Rose Interviewed Prior to Special Meeting February 11, 2010 Berkshire Hathaway Downgraded by S&P Despite Record High Book Value February 4, 2010 Berkshire Hathaway to Replace Burlington Northern in S&P 500 January 26, 2010 Buffett’s Plans for Burlington Northern May Include Rapid Expansion January 25, 2010 GEICO May Soon Surpass Progressive’s Market Share January 23, 2010 Berkshire Annual Meeting Webcast? January 22, 2010 General Re Settlement in AIG Case Closes Difficult Chapter January 21, 2010 Buffett on Berkshire’s Valuation: It’s at the Low End January 20, 2010 Buffett “Feels Poorer” Based on Terms of Cadbury Deal January 20, 2010 David Sokol Interview at Berkshire Special Meeting January 20, 2010 Buffett May Increase Position in Posco January 19, 2010 Sokol Expects Profitable Year for NetJets January 18, 2010 Swiss Re Closes Retrocession Transaction With Berkshire Hathaway January 18, 2010 Berkowitz: Use of Float Makes Burlington Acquisition Compelling for Berkshire January 12, 2010 Berkshire Hathaway’s Swiss Re Investment Pays Off January 6, 2010 Buffett Opposes Kraft’s Request for “Blank Check” in Cadbury Bid January 5, 2010 NetJets European Rival Plans Expansion January 4, 2010 Berkshire Hathaway Equity Portfolio Posts Solid Q4 Results January 2, 2010 Burlington Northern’s Fair Value: Mid-$90s per Share? December 28, 2009 Warren Buffett’s Patience Paid Off in 2008 December 12, 2009 FT Lex Column: Buffett on Sale December 7, 2009 Berkshire Special Meeting Scheduled for January 20 December 4, 2009 Sokol Imposing Budget Discipline and Culture Change at NetJets December 4, 2009 I’m Not a Marketing Expert, But … December 3, 2009 David Sokol Predicts Better Days Ahead for NetJets in 2010 November 22, 2009 Buffett: All Cars Will Be Electric in 20 Years November 21, 2009 Berkshire Adds Exxon and Nestle; Reduces Conoco and Moody’s in Q3 2009 November 16, 2009 Warren Buffett’s Advice For Enterprising Investors November 13, 2009 Insurance and Black Swan Events November 11, 2009 Wesco Financial Posts Q3 2009 Results November 7, 2009 Berkshire Hathaway Posts Q3 Results; Book Value At Record High November 6, 2009 Berkshire Stock Split Fuels Speculation of S&P 500 Inclusion November 4, 2009 Bruce Berkowitz Comments on Berkshire’s Acquisition of BNSF November 3, 2009 Buffett Comments on Burlington Northern Acquisition November 3, 2009 Berkshire to Acquire Burlington Northern: A Closer Look November 3, 2009 Breaking News: Berkshire Splits B Shares 50:1 and Buys BNSF November 3, 2009 Business Wire Interviews Warren Buffett October 29, 2009 Charlie Munger on Booms and Busts October 26, 2009 Bill Gates on BBC: Buffett is Unique Leader October 26, 2009 David Sokol: Looking More Like Buffett’s Successor October 26, 2009 Buffett: Give Generously While You Can See Results October 18, 2009 Berkshire Hathaway Succession Concerns are Unfounded October 9, 2009 How Did Berkshire Hathaway’s Book Value Fare in Q3 2009? September 30, 2009 Whitney Tilson on Berkshire Hathaway’s Intrinsic Value September 22, 2009 Warren Buffett’s “Desert Island” Economic Indicator September 18, 2009 Buffett Lacks Enthusiasm for Kraft’s Cadbury Bid September 16, 2009 Warren Buffett Reflects on “Extraordinary Weekend” One Year Ago September 15, 2009 Warren Buffett’s Comments at Fortune Conference September 15, 2009 Moody’s: Berkshire’s Credit Default Swaps Overstate Risks September 1, 2009 Berkshire Lends a “Helping Hand” to AIG and XL Capital September 1, 2009 Warren Buffett on “Greenback Emissions” August 20, 2009 Berkshire Hathaway 13-F Report Links August 17, 2009 Berkshire Hathaway Posts Q2 2009 Results August 7, 2009 You Can Lead a Horse to Water … August 6, 2009 Furniture Today Interviews Warren Buffett August 4, 2009 How Useful is Berkshire’s Book Value for Valuation Purposes? July 11, 2009 Buffett Interview: No Green Shoots Yet June 24, 2009 Rev. Cecil Williams Interviewed on Buffett’s Charity Lunch Auction June 22, 2009 GEICO vs. Progressive: Selected Ten Year Metrics June 20, 2009 Berkshire Hathaway Options Revisited June 19, 2009 Berkshire Hathaway Options Trading May Facilitate Speculative Behavior June 17, 2009 Iscar Chairman Eitan Wertheimer Interview June 14, 2009 Clayton Homes i-house Videos June 12, 2009 NetJets Richard Santulli Interview on Prospects for Private Aviation June 3, 2009 MidAmerican’s David Sokol on Housing Market: No “Green Shoots” Yet May 29, 2009 MidAmerican Energy and BYD Partner on Battery Storage Initiative May 26, 2009 A.M. Best Reaffirms Ratings of National Indemnity Group May 22, 2009 Buffett’s Big Weekend: Fortune Interview with Carol Loomis May 16, 2009 Berkshire Makes Modest Q1 Changes; Portfolio Up Sharply in First Half of Q2 May 15, 2009 Stanford Lawyer Interviews Charlie Munger May 13, 2009 Wesco Financial Posts Q1 2009 Results May 12, 2009 NetJets Faces Economic and Political Headwinds May 12, 2009 Berkshire Hathaway Posts Q1 2009 Results May 8, 2009 Berkshire Hathaway’s Portfolio Rebounds Strongly May 7, 2009 Parsing Buffett’s Q1 2009 Earnings Preview May 4, 2009 Berkshire Hathaway 2009 Annual Meeting Links May 3, 2009 Highlights from Berkshire’s 2009 Annual Meeting May 3, 2009 Warren Buffett’s Comments on Wells Fargo Have Important Stress Test Implications April 20, 2009 Clayton Homes Offers Payment Protection Plan: Sign of Strength or Red Flag? April 16, 2009 Berkshire’s Insurance Subsidiaries Buck Property/Casualty Headwinds in 2008 April 10, 2009 Moody’s Downgrades Berkshire Hathaway April 8, 2009 Berkshire’s Q1 2009 Foreign Equity Performance April 4, 2009 Charlie Munger’s 2008 Letter to Wesco Shareholders April 1, 2009 Berkshire’s Portfolio Results in Q1 2009 March 31, 2009 Berkshire Faces Higher Financing Costs March 26, 2009 Berkshire Arbitrage Opportunity Eliminated March 25, 2009 S&P Issues Negative Outlook on Berkshire March 24, 2009 GEICO Enters Massachusetts Market March 21, 2009 Clayton Homes: An Admirable Track Record March 18, 2009 Buffett on Municipal Bond Insurance March 16, 2009 Berkshire Finalizes Swiss Re Funding March 15, 2009 Fitch Downgrades Berkshire Hathaway March 12, 2009 Buffett Tips His Hand? March 11, 2009 Berkshire Arbitrage Opportunities Revisited March 9, 2009 Berkshire Valuation Two Column Approach March 5, 2009 Berkshire’s Misunderstood Derivatives March 2, 2009 Berkshire Intrinsic Value Estimate: $142K February 28, 2009 Berkshire Non-Insurance Subs Valuation February 28, 2009 Berkshire Insurance Subsidiaries Valuation February 28, 2009 Evaluating Berkshire’s Intrinsic Value February 28, 2009 Highlights from Warren Buffett’s 2008 Letter to Shareholders February 28, 2009 Analysis of Berkshire Hathaway’s 2008 Annual Report February 28, 2009 Berkshire Stock Holdings – Q1 Performance February 27, 2009 Should Berkshire Pay a Dividend? February 26, 2009 Berkshire B Class Discount Persists February 23, 2009 Berkshire Hathaway A/B Arbitrage February 20, 2009 Interpreting Buffett’s Q4 Stock Sales February 18, 2009 Berkshire Hathaway Q3 2008 Results February 16, 2009 Share ThisClick to email a link to a friend (Opens in new window)Click to print (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)MoreClick to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on Mastodon (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on WhatsApp (Opens in new window)
