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Insights from Buffett's Letter
This chapter analyzes Warren Buffett's recent letter to Berkshire Hathaway shareholders, emphasizing his teachings on ethical investing and corporate governance. It explores the company's responses to economic challenges such as inflation, high debt levels, and the transition to renewable energy. Additionally, it delves into the complexities of Berkshire's insurance operations and financial strategies amid changing interest rates and market conditions.
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:
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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