The Real Point of Active Investing
The goal of active investing has nothing to do with outperforming the market, Marshall Jaffe writes.
Berkshire’s Munger Addresses Life After Buffett
Berkshire Hathaway Vice Chairman Charlie Munger uses the firm's shareholder letter to address "the elephant in the room."
Buffett’s 5 Nuggets of Investing Wisdom
Buffett’s annual letter offers some timeless wisdom on how Berkshire achieved a 19.7% annual growth rate over the past 49 years.
7 Rules for Betting Against the Herd
Like it or not, we are all contrarians. Here are some guidelines for making smart calls when breaking away from the pack.
Buffett on Berkshire’s 2012: ‘Subpar It Was’
In his annual letter to shareholders, Warren Buffett admitted disappointment in his company’s 2012 performance, including the bad news that Berkshire stock underperformed the benchmark S&P 500 index.
Buffett’s 7 Nuggets of Wisdom at Berkshire Hathaway Meeting
On gold, U.S. banks and the ‘psychotic drunk’ that is the stock market, the Oracle of Omaha has spoken.
Berkshire Hathaway Gathering, Pt. 2: How’s Warren Buffett Feeling?
The world’s most-famous octogenarian investor says he’s feeling ‘terrific,’ and discloses the gender, at least, of his likely successor.
Berkshire Hathaway Gathering, Pt. 1: Advisors Make the Pilgrimage
One attendee says that getting to listen to Warren Buffett answer questions for 8 hours is the "best one-day economic seminar in the world."
As Good as it Gets
At some point, we all need a John Gagliardi in our lives.
Buffett, Munger Talk Sokol, Succession, Bankers at Berkshire Meeting
Buffett termed the situation surrounding David Sokol and the acquisition of Lubrizol "inexplicable and inexcusable," and Munger said the involvement of investment bankers in helping to hide the gravity of Greece’s debt situation was “perfectly disgusting.”