Back when Berkshire's book value was $19.46, intrinsic value was somewhat less because the book value was entirely tied up in a textile business not worth the figure at which it was carried. Now most of our businesses…
Back when Berkshire's book value was $19.46, intrinsic value was somewhat less because the book value was entirely tied up in a textile business not worth the figure at which it was carried. Now most of our businesses…
The rear-view mirror is one thing; the windshield is another. A large portion of our book value is represented by equity securities that, with minor exceptions, are carried on our balance sheet at current market values.…
Back when Berkshire's book value was $19.46, intrinsic value was somewhat less because the book value was entirely tied up in a textile business not worth the figure at which it was carried. Now most of our businesses…
Andrew Carnegie:Autobiography of Andrew Carnegie, Excerpt 1
Andrew Carnegie《Autobiography of Andrew Carnegie》· Chapter I · Leadership
One Hogmanay night[2] an old wifey, quite a character in the village, being surprised by a disguised face suddenly thrust in at the window, looked up and after a moment's pause exclaimed, "Oh, it's jist that daft callant Andra Carnegie." She was right; my grandfather at seventy-five was out frightening his old lady friends, disguised like other frolicking youngsters.
Back when Berkshire's book value was $19.46, intrinsic value was somewhat less because the book value was entirely tied up in a textile business not worth the figure at which it was carried. Now most of our businesses…