AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
TIP521: Warren Buffett's Shareholder Letters
We Study Billionaires - The Investor’s Podcast Network
Buffett - The Growth of Berkshire's Intrinsic Value
In his 1992 letter, Buffett noted that Hemantarly aimed to grow intrinsic value by at least 15% annually. In the economy of the past with steel mills and manufacturing companies, book value was highly relevant to determining the value of a business. With a continued rise of things like intangible assets, which are increasingly difficult to put a value on, this makes book value less and less relevant over time. Warren essentially says that they intend to try and grow Berkshires look through earnings by at least 20%.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode