Improving Disclosure for Public Companies
The Securities and Exchange Commission could improve disclosure and transparency by implementing three simple proposals ...
Berkshire’s Ownership of Occidental Exceeds 20%
Accounting treatment for 20% positions has varied over the years, as we can see from the cases of BNSF, Moody's, DaVita, KraftHeinz, and American Express ...
Berkshire Hathaway’s Distorted Quarterly Results
Accounting rule changes introduced in 2018 have distorted the analytical value of Berkshire Hathaway's quarterly net income. Operating income is a more useful measure ...
Highlights From Warren Buffett’s 2016 Letter to Shareholders
"Today, I would rather prep for a colonoscopy than issue Berkshire shares." -- Warren Buffett, 2016 letter to shareholders The last Saturday in February has become something of a ritual for Berkshire Hathaway shareholders as well as many other interested ...