Editor’s Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), The Coca-Cola Company (NYSE:KO)
Buffett-back BYD’s profit soars (ThePost)
Chinese auto and battery maker BYD says half-year profit soared as sales in the world’s biggest car market recovered. BYD said Sunday that profits started growing again in the January-June period after falling sharply the year before as competition among automakers intensified. US billionaire investor Warren Buffett owns about 10 percent of BYD. BYD said profit rose to 427 million yuan ($70 million), 26 times higher than the year-ago period as revenue climbed 13 percent to 24.2 billion yuan.
What You Can Learn From Warren Buffett’s Advice To A Top CEO (Fool)
Warren Buffett is a man that needs little introduction. Many know him as one of the world’s wealthiest men (Buffett occupies the fourth spot on Forbes’s ‘World’s Billionaires List’) who built his remarkable fortune largely through rational and intelligent investing through his company, the American conglomerate Berkshire Hathaway Inc. (NYSE:BRK.A). On the other hand, Katherine Graham – the ‘Top CEO’ in our title – would probably need a little introduction. Graham was the Chairman and CEO of American newspaper publisher The Washington Post Company. According to William Thorndike’s book The Outsiders, under Graham’s tenure as the company’s leader, shares of Washington Post turned every $1 investment in 1971 (the year Washington Post went public) into $89 by 1993 when she ended her tenure.
The Secret Life of Warren Buffett’s Greatest Investment (DailyFinance)
Warren Buffett and Cherry Coke. The two go together like peas and carrots, burgers and fries, pizza and beer, and Tango and Cash. Well, OK, maybe not that last one. Point is, Berkshire Hathaway Inc. (NYSE:BRK.A) shareholders have made a mint from the Oracle’s decades-long investment in shares of The Coca-Cola Company (NYSE:KO). To this day, the stock is Berkshire’s second-largest holding. Could you be as patient as Buffett and hold for 25 years? Don’t answer till after you’ve taken a closer look at the following slide presentation, which documents some of the more uncomfortable moments in Coke’s history — including a new (and questionable) marketing strategy.
Berkshire Hathaway: A stock that even indexers can like (TheGlobeAndMail)
Today I’m a full-fledged index investor, but there was a time when I owned some individual stocks. What was my favourite company back then? Berkshire Hathaway Inc. (NYSE:BRK.A) I was a devoted fan. For more than a dozen years, whenever its share price dropped, I scurried to buy more. By 2011, my Berkshire holdings had grown to $370,000 (U.S.). Like most stock investors, I had my reasons for owning it, but one in particular might surprise you. To me, it was an index fund on speed.
Warren Buffett’s bubble cash-out strategy revealed in 38-year-old letter (SCMP)
Here is Warren Buffett’s pension fund management advice in a nutshell: be patient, buy only a few things, ignore the stock market until it becomes irrationally optimistic, at which point sell. A recently released 1975 letter from Buffett to Washington Post owner Katharine Graham on the subject offers new insight into how early Buffett was to grasp both the difficulties of pension fund management and the inability of Wall Street to provide adequate solutions. Perhaps even more valuable is the way the letter throws light on Buffett’s approach to value investing. Buffett tries to act not like a typical fund manager but like a company owner thinking about buying another company.
4 stocks Warren Buffett, insiders are betting on (Marketwatch)
Quarterly filings from Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) +0.41% are highly anticipated in the financial community — many investors and market watchers are at least somewhat curious what Buffett has been doing, and may find some of his picks to be interesting initial ideas. We track Berkshire’s filings over time, alongside with those of hundreds of other notable investors, including hedge funds, as part of our work developing investment strategies. Our research shows that the most popular small-cap stocks among hedge funds earn an average excess return of 18 percentage points per year (learn more about our small-cap strategy) and our own portfolio following this strategy outperformed the S&P 500 by 33 percentage points in the last 11 months.
Investing Wisdom From Warren Buffett’s Amazing 19-Page Memo (DailyFinance)
In the summary of a 19-page memo Warren Buffett sent to the Washington Post’s Katharine Graham in 1975, he wrote: A mildly non-conventional investment approach, emphasizing a business approach to security selection, gives some opportunity for long-term results slightly above average without corresponding increase in investment risk. According to Fortune, this simple advice may have saved Washington Post’s pension plan. It also remains the most sensible investment strategy around for ordinary investors, in my opinion.
