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We Study Billionaires - The Investor’s Podcast Network cover image

TIP548: Berkshire Hathaway Masterclass 2023 w/ Chris Bloomstran

We Study Billionaires - The Investor’s Podcast Network

NOTE

The Relationship Between Maintenance Capex and Depreciation

Maintenance capex roughly matches depreciation expenses in Berkshire Hathaway over time/nUnderstanding maintenance capex is an important concept in valuation/nThe relationship between depreciation and maintenance capex is a nuance in the industrial economy/nAssessing deferred maintenance is important when buying used assets

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