Berkshire Hathaway

Cherry Coke, Peanut Brittle & Witty One-liners

The Berkshire Hathaway Annual General Meeting (AGM) is the Super Bowl of annual general meetings. Shareholders make the pilgrimage to Omaha each spring to see Warren Buffett and Charlie Munger (Chairman/CEO and Vice Chairman, respectively) in action. For years, representatives from Burgundy have been attending the meeting as shareholders on behalf of our clients. An… Continue reading “Cherry Coke, Peanut Brittle & Witty One-liners”

The Most Anticipated Event of the Weekend

For the first time ever, the Berkshire Hathaway Annual General Meeting will be live streamed for public viewing. What: The Berkshire Annual General Meeting is an opportunity to hear directly from Warren Buffett, Chairman/CEO, and his business partner Charlie Munger, Vice Chairman, on various topics related to business and investing. Where: The meeting will take… Continue reading “The Most Anticipated Event of the Weekend”

The Outsiders

William Thorndike, Jr.’s book, The Outsiders: Eight Unconventional CEOs and their Radically Rational Blueprint for Success, has been making the rounds at Burgundy. It has received high praise in the industry, from hedge fund manager Bill Ackman, Peyto CEO Darren Gee, and (perhaps unsurprisingly) Warren Buffett himself. The subject matter is all there in the… Continue reading “The Outsiders”

Beyond the Returns: Selecting a Money Manager (Part III)

In Part I and Part II, I looked at some money manager characteristics beyond performance that should result in an overall positive client experience, and used Warren Buffett as the classic example. In Part III, I conclude my thought experiment with three final characteristics. Buffett is diversified, but not over-diversified. He has most of his… Continue reading “Beyond the Returns: Selecting a Money Manager (Part III)”