A review of Berkshire Hathaway's twelve years of ownership ...
CarMax shook up automotive retailing in the 1990s. Will the company face disruption by online competitors in the 2020s? ...
Remote work appears to be here to stay. Many affluent Americans are migrating from crowded metropolitan areas to exurbs and rural areas boosting the prospects of companies catering to their needs ...
A strong regional competitor with a fifty-year history ...
In a 7-2 ruling, the Supreme Court decides in favor of Marietta Memorial Hospital in a case involving coordination of benefits with Medicare ...
Introduction America’s Car-Mart was founded in Rogers, Arkansas in 1981 by Bill Fleeman who converted a Dog ‘N Suds fast food restaurant into a car dealership. From the outset, his business model was to provide financing to “credit-challenged” customers who ...
Note to readers: This article is the second in a two-part series on the dialysis industry. For background information that will be helpful while reading this article, please read Kidney Failure and the Dialysis Industry which was published last week ...
This article is the first in a series about the dialysis industry. It was originally published on Rational Reflections, an email newsletter published by The Rational Walk ...
"In all of our communications, we try to make sure that no single shareholder gets an edge: We do not follow the usual practice of giving earnings guidance or other information of value to analysts or large shareholders. Our goal ...
Intelligent investors should be skeptical when reading about companies that could be the "next Berkshire Hathaway" or executives who resemble a "younger Warren Buffett". The reality is that very few companies have even a remote chance of replicating Berkshire's 20.8 ...
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 ...
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 ...
America's Car-Mart is one of the largest retailers in the United States operating in the "buy here, pay here" segment of the used car market. Companies operating in this segment, also known as "integrated auto sales and finance", sell older ...
CarMax was founded in 1993 in Richmond, Virginia under the ownership of Circuit City Stores. In the early 1990s, Circuit City was looking for growth opportunities in different markets outside consumer electronics. The automotive sector was identified due to its ...
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 ...
"On the Markel Ventures front, in a word, the first nine months of 2016 were fantastic ... our cyclical business has enjoyed strong revenues and earnings as the management team did a great job of making hay while the sun ...
"All intelligent investing is value investing -- acquiring more than you are paying for." - Charlie Munger There has long been a distinction in the investing community between companies that appear attractive based on "growth" stories versus those that are ...
DaVita Healthcare Partners is one of the leading kidney care companies in the United States. The company provides dialysis services to approximately 185,000 patients with chronic kidney failure and end stage renal disease (ESRD) through a network of 2,293 outpatient ...