Views & Insights
Periodically we publish content that puts our principles and views into practice, because education is an essential component of long-term investment success.
The Quality-value Tug of War
The Journal | July 2016
By most accounts, the last few years have been a very tough time for deep-value investors. Persistent slow world economic growth and prevailing uncertainties about fundamental macroeconomic issues lik...
Boots on the Ground
The View | June 2016
Travel plays an essential role in Burgundy’s bottom-up investment research process. Our portfolio managers and analysts regularly travel to find new investment ideas, conduct due diligence on portfo...
Our Best Guess
The Journal | June 2016
Investors often have a notion about what is an acceptable or desired rate of return on their capital. This rate of return is typically expressed in percentage terms. For example, “...
The Chief Hazard to Investors
The Journal | May 2016
“The risk of paying too high a price for good-quality stocks – while a real one – is not the chief hazard confronting the average buyer of securities. Observation over many years...
Cherry Coke, Peanut Brittle & Witty One-liners
The Journal | May 2016
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 (...
The Most Anticipated Event of the Weekend
The Journal | April 2016
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...
Are You Faking It?
The Journal | April 2016
Have you ever found yourself in a conversation about finance and, in a moment of incomprehension, rather than ask a question you simply nodded along? Perhaps it was a conversation...
Parents, Beware
The Journal | April 2016
“Parents, Beware: Your Children Will Invest Like You Do.” This headline caught my attention in The Wall Street Journal last week. In all my studies, I have never come across...