Hedge Fund - Berkshire Hathaway

There was no big news at Berkshire Hathaway Inc.

Warren Buffett. We could jot down the nearly endless list of descriptives that would just begin to protray his followers’ feelings towards him.

Editor's Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), Apple Inc. (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB), International Business Machines Corp.

Editor's Note: Related tickers: American International Group, Inc. (NYSE:AIG), MGIC Investment Corp.

LONDON -- Mary Buffett's (previously Warren's daughter-in-law) book The New Buffettology details a number of criteria that Buffett uses to screen for the shares that he thinks may be worth buying.

Berkshire Hathaway Inc. (NYSE:BRK.B) has been a huge winner for its long-term shareholders. Between 1965 and 2012, the per-share book value of Berkshire Hathaway Inc.

About a year ago, I attempted to value Berkshire Hathaway Inc. (NYSE:BRK.B), and I found it to be at least 20% undervalued at $82 per B-share.

First, there's Peter Eastwood, a 22-year American International Group Inc (NYSE:AIG) veteran who most recently headed up the company's domestic property-casualty operations.

Earlier today, Berkshire Hathaway Inc.