Ben Graham – The Rational Walk

All

The Digest (6)

Interest rates, Passive investing, Ben Graham as a young man, Daniel Kahneman, Ken Langone, Lawrence Cunningham, Reed Hastings, Steve Eisman ...

April 10, 2024

The Digest #192

Unpopular large companies, Dopamine culture, Buffett's cheapest stock, Investing in vertical SaaS, The bear case for China, Chris Davis, Michael Mauboussin ...

March 6, 2024

The Digest #190

Berkshire Hathaway's Annual Report, Liberty SiriusXM, Catastrophic risk, Tesla's lead designer, Ben Graham's summer on a farm, Income taxes, Interviews of Bruce Berkowitz and Howard Marks, and more ...

February 21, 2024

The Digest #182

Passive Investing, Low Trust Societies, Greg Abel in the spotlight, Capital allocation at Berkshire, Better habits for 2024, Amusing CPA stories, Ben Graham, Charlie Munger, Pernod Ricard ...

December 24, 2023

The Digest #174

Working Hard, Berkshire Q3 Recap, ProPublica attacks Buffett, Chipotle's international ambitions, The AI Gold Rush, 100th anniversary of Hitler's beer hall putsch, The Federalist Papers ...

November 10, 2023

The Digest #49

The Future of Value Investing ...

November 4, 2020

Greg Abel’s 2026 Letter to ShareholdersMarch 2, 2026
Greg Abel's first letter to Berkshire Hathaway shareholders emphasized the need to keep the company's unique culture.
Greg Abel’s Unique ChallengeDecember 31, 2025
Greg Abel takes over as Chief Executive Officer of Berkshire Hathaway on January 1, 2026, a job that will involve at least three major challenges.
Warren Buffett’s Thanksgiving LetterNovember 11, 2025
Warren Buffett's Thanksgiving Letter sheds more light on why he decided to retire as CEO of Berkshire Hathaway.
Daily Journal Accused of Incorrect AccountingJuly 29, 2025
Daily Journal has been accused of incorrectly accounting for software development costs by an activist investor seeking a consulting contract.
What I’ve Been ReadingJuly 11, 2025
This post is a list of books that I read in the second quarter of 2025, including The Snowball, The Haywire Heart, Plato's Republic, and the King James Bible
Greg Abel Steps into the SpotlightMay 19, 2025
Greg Abel will step into the spotlight at the 2026 Berkshire Hathaway annual meeting with Warren Buffett sitting in the audience.
Warren Buffett’s Final BrushstrokesMay 5, 2025
Warren Buffett is retiring as CEO of Berkshire Hathaway but he may still make a few final brushstrokes on his canvas as Chairman.
Berkshire Hathaway’s Diamond AnniversaryApril 30, 2025
Warren Buffett took control of Berkshire Hathaway sixty years ago. It is possible that major announcements will be made at the annual meeting.
Writing in PrivateApril 14, 2025
Writing is an important tool for personal intellectual development even if you never intend to share your work with others.
Warren Buffett’s Thoughts on Trade in 2003April 7, 2025
In 2003, Warren Buffett wrote an article with a proposal to address the trade deficit. It deserves more attention in the current tariff debate.
What I’ve Been ReadingApril 3, 2025
This post is a list of books that I read in the first quarter of 2025, including The Lessons of History, American Journey, the works of Aristophanes, Plato, Xenophon, and more.
Berkshire Hathaway’s 2025 Proxy StatementMarch 15, 2025
Berkshire has introduced a retirement age of eighty for most directors, a surprising development given Warren Buffett's prior statements.
Buffett & Munger UnscriptedMarch 14, 2025
A new book by Alex Morris distills key insights and wisdom from three decades of Berkshire Hathaway annual meetings.
Warren Buffett on Berkshire’s ValuationMarch 3, 2025
Warren Buffett has typically avoided commenting on Berkshire's stock price, but he has provided some clues that are worth considering.
Berkshire Hathaway’s 2024 Annual ReportFebruary 26, 2025
My thoughts on Berkshire Hathaway's 2024 annual report and Warren Buffett's letter to shareholders.