As Mark Twain said, a person who won't read has no real advantage over a person who can't read. It makes no sense to refuse to learn vicariously ...

Operating earnings have been on an upward trend as higher interest rates boost investment income and Berkshire's subsidiaries turn in a solid performance ...

Warren Buffett and Charlie Munger answer nearly fifty questions in a five hour marathon session prior to Berkshire Hathaway's 2023 annual meeting ...

This post contains a compilation of articles published over the past year about Berkshire Hathaway, Warren Buffett, and Charlie Munger ...

I have submitted questions for the 2023 Berkshire Hathaway annual meeting on the following topics: Voting control in 2050, Repurchase taxes, and Apple's exposure to China ...

Geopolitical tensions are rising, calling into question longstanding deep economic ties between the United States and China ...

It makes no sense to engage in short term relationships with investments, but it is also hazardous to fall in love with a company or its management ...

13F filings can be a minefield. It is tempting to emulate investors who we admire but it is unwise to blindly follow any investor into a stock ...

Daily Journal Corporation’s 2023 annual meeting of shareholders will take place on February 15. I submitted three questions to Becky Quick for consideration ...

A book review of Damn Right! — Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger, published on Munger's 99th birthday ...

The Buffalo News, Powell's High Stakes Mission, Longevity, Unsolicited Advice, Disneyland, Paul Graham on Reading, Keith Creel, Howard Marks ...

Self-Discipline, Exemplars, Damodaran on Meta, Chancellor on CBDCs, Four Layers of Happiness, Chobani's founder, Ancient Entrepreneurs ...

“If you rise high in a corporation or elsewhere in life, you have a duty to be an exemplar. You have a duty to take less than you deserve, to set an example.”  — Charlie Munger ...

It's Never Too Late, Executive Compensation, Traveling like a Local, Alien Truths, Pursuing Happiness, Silence, Vannevar Bush ...

Greg Abel has purchased 168 Class A shares of Berkshire Hathaway for $68.3 million. This article takes a look at Mr. Abel's decision in the context of his future role as CEO ...

Growth vs. Value, Apple's New Products, Precision Railroading, Julian Robertson ...

Dempster Mill Manufacturing Company, one of Warren Buffett’s early investments, was very profitable but profoundly influenced his approach to turnaround situations ...

Exposing ourselves to timeless principles is beneficial. But we should not be so rigid as to discount the possibility that the world has changed, and we must keep an open mind ...

Buffett vs. Saylor, Medical Debt, Capital Gains Tax cut?, Jim Chanos, Howard Marks, Andrew Marks, Mohnish Pabrai, Jim Simons ...

Coca-Cola in 1923, Hyperinflation, Stoicism, CBDCs, Daily Journal Transcript, Mimetic Desire ...