Intro

This chapter features a dialogue about Berkshire Hathaway and the forthcoming Omaha event, highlighted by insights from a valuation expert. The hosts delve into the expert's letters, focusing on valuation figures and analysis of the S&P 500, preparing listeners for an informed discussion on financial metrics.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Stig has invited legend investor Chris Bloomstran from Semper Augustus to teach us how to value Berkshire Hathaway on today's show. Semper Augustus has an outstanding track record with a CAGR of 9.2% after fees (10.0% before fee) since his fund's inception on 2/28/1999 compared to 8.1% for the S&P500.

There is no one in the space we respect as much as Chris Bloomstran when evaluating the intrinsic value of Berkshire Hathaway.

IN THIS EPISODE, YOU'LL LEARN:

01:28 - How is the S&P500 currently values.
05:43 - Whether investors still dollar cost average into the S&P500.
17:53 - How much of the S&P500 return has come from the big five tech companies.
23:29 - What can and more importantly, can’t you read from the 13F filings.
32:51 - Was Berkshire Hathaway’s acquisition of Alleghany a good investment?
44:11 - What stood out in Warren Buffett’s last letter.
49:02 - How will inflation impact Berkshire Hathaway?
1:08:06 - How will the interest rate hikes in 2022 impact Berkshire Hathaway.
1:16:41 - What are Berkshire Hathaway’s normalized earnings?
1:28:14 - What is the intrinsic value of Berkshire Hathaway?

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Listen to Stig’s masterclass with Chris Bloomstran on equity valuations or watch the video.
Read Chris Bloomstran’s website.
Read Chris Bloomstran’s letters to his clients.
Buffett resource on CNBC.
Chris Bloomstran's Twitter.
Chris Bloomstran's LinkedIn.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Bluehost
Fintool
PrizePicks
Vanta
Onramp
SimpleMining
Fundrise
TurboTax

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests