A Tale of Three Acquisitions
Without a certain level of trust, our modern civilization would soon disintegrate into total chaos. This article takes a brief look at the role of trust in three acquisitions ...
Does it Make Sense for Berkshire Hathaway to Acquire Markel Corporation?
Introduction Let’s put ourselves in Warren Buffett’s shoes on Friday, February 25, 2022. Mr. Buffett’s annual letter to Berkshire Hathaway shareholders was scheduled to be posted on the internet the next morning. ((Warren Buffett has often stated that his annual letter is ...
The Digest #112
Buffett's a Tough Negotiator, Munger Halves Alibaba Stake, Mini-Berkshires, Heresy, Automats, Shrinkflation, Railroads, Ethereum ...
The Digest #108
Russia's Heavy Losses, Economic Warfare, Networked Learning, Daylight Savings Time, Roger Lowenstein, Microcap Investing ...
What Does Buffett See in Alleghany?
Berkshire Hathaway has agreed to acquire Alleghany for $11.6 billion. The offer values Alleghany at 1.26x book value. This article examines the specifics of the deal ...
Alleghany Corporation
"More people should copy us [Berkshire Hathaway]. It's not difficult, but it looks difficult because it's unconventional -- it isn't the way things are normally done." -- Charlie Munger, 2000 Wesco Financial annual meeting Alleghany Corporation is a holding company ...