The Digest #207
Claim Checks, Herodotus, Berkshire at record highs, Folly of certainty, Advance Auto Parts, Flawed memories, Lost knowledge, Todd Combs, Walter Schloss, Bob Noyce, Nietzsche, Lincoln ...
The Digest #198
Thoughts on risk, Berkshire recap, Graham's first investment, Marks on debt, Electricity demand, How to spend your days, AI and productivity ...
Superinvestor Portfolio Changes — Q3 2023
A few observations based on recent 13F filings, with a focus on Berkshire Hathaway, Dollar General, Markel, and Semper Augustus ...
Finding Your Life’s Work
The majority of people never find their "life's work", yet the premise of paying hundreds of thousands of dollars for a college degree assumes that they will ...
The Digest #171
American Prometheus, Buffett buys more OXY, Share repurchases, Lessons from Todd Combs, The nature of risk, Damodaran on markets, Keynes on the Treaty of Versailles, Attia on longevity ...
The Digest #168
Charles F. Feeney's philanthropy, Howard Marks makes the case for credit, Spin-offs, Birkenstock's IPO, Costco's clothing, Todd Combs interview, Equifax, and more ...
The Digest #161
Feynman on knowledge, TransDigm's controversial business model, Costco's history, The Ozempic/Wegovy band-aid; Plus insights from Todd Combs, Michael Burry, Joel Tillinghast, and Lee Ainslie ...
Should Berkshire Hathaway Disclose Performance for Investment Managers?
This article is the first in a series of responses to AMA #1 ...
The Digest #143
Gell-Mann Amnesia, GEICO, Todd Combs, Onboarding Directors, Damodaran on Meta, Paul Graham's Essays, Home Depot, Nick Sleep ...
What We Know (And Don’t Know) About Berkshire’s Succession Planning
Warren Buffett's leadership over nearly five decades has resulted in an unparalleled track record and thousands of loyal shareholders, many of whom have invested in the company mainly due to Mr. Buffett's presence. Succession planning in a situation where the ...
Why Is Todd Combs Bullish on Western Union?
There has been much speculation this week regarding the reasons behind Warren Buffett's decision to hire Todd Combs to manage a portion of Berkshire Hathaway's investment portfolio. Although short term stock price movements are meaningless, some observers have attributed Berkshire ...
Berkshire Hathaway Hires Todd Combs as Investment Manager
In a long awaited announcement, Berkshire Hathaway has named an investment manager to handle a “significant portion” of the company’s investment portfolio. In a press release issued today, Berkshire announced the appointment of Todd Combs as an investment manager. Mr ...