We are pleased to announce a special offer for students who wish to purchase The Rational Walk’s Berkshire Hathaway 2010 Briefing Book which was released on February 28. The regular price of the book is $24.95, but students may now purchase the product for only $9.95 representing a sixty percent discount. Read this article for more details.
The process of estimating the ultimate losses resulting from an insurance company’s business is one of the most important tasks facing management. Many types of policies expose an insurer to liabilities over a very long period of time where the ultimate payout to policyholders will not be certain for years or even decades. Despite this uncertainty, management must estimate loss reserves for each financial reporting period. The credibility of these estimates depends, in part, on management’s track record with prior estimates. Read this article for more details.
We are pleased to announce the availability of the 2010 edition of the Berkshire Hathaway Briefing Book. The Briefing Book contains extensive analysis from The Rational Walk regarding Berkshire Hathaway’s 2009 Annual Report, background information on Berkshire’s diverse collection of subsidiaries, and an estimate of intrinsic value using three valuation methodologies. Read this article for more details.