Category: Warren Buffett & Berkshire Hathaway

Family Business Role Models: Blumkin Family of Berkshire Hathaway

Heroes have been a topic several times in talks by Warren Buffet.  “Pick your heroes carefully,” he said one time, “as it will have a big impact on who you become.”  Another time he said, “Tell me who someone’s heroes are, and I will have… Continue reading

How much of a competitive advantage is employee longevity?

Labor Day Weekend Reading: On this Labor Day weekend, I read two articles that prompted me to think about employee longevity and how much of a competitive advantage it may be.  Interestingly, both were articles about Berkshire Hathaway companies, See’s Candies in Fortune and the Nebraska Furniture Mart… Continue reading

“Strategy Follows Structure” — John Bogle on Investment Funds

Investment Fund Structures “You are what you eat” is the common phrase about nutrition.  With investing, I think a corollary should be “you are where & how you get your capital”.  This is particularly true with any type of investment fund as John Bogle, the… Continue reading

Investment Strategy – Sell Fixed Income

Pension Funds Buying Fixed Income As investors and business owners, it is problematic to make decisions for the future with too much of an emphasis on the past. In reading a recent issue of Grant’s Interest Rate Observer, they mentioned an eye-popping statistic from the… Continue reading

Business Financial Models – Coca-Cola vs. Wine

As the next post in the series on a Perfect Business, Financially Speaking, I think an anecdote told by Donald Keough in his book “The Ten Commandments of Business Failure” conveys the advantages of having a good business financial model versus the alternative. Mr. Keough… Continue reading

Thoughts on the Berkshire Hathaway Meeting 2012

The Berkshire Hathaway Annual Meeting Below are a few words of advice from Warren Buffett and Charlie Munger yesterday at the Berkshire Hathaway annual meeting.  Business owners and investors should make a point to attend a Berkshire annual meeting sometime.  There are not that many… Continue reading

Berkshire Week 2012: Predict Stephen Burke as next Berkshire CEO

First, a little extraneous caveat about this prediction.  I have not spoken to anyone at Berkshire about this.  Frankly, I do not know anyone who works at Berkshire.  And, I have no special knowledge about this at all.  It is just a pure guess (maybe a… Continue reading

Berkshire Meeting Week: Berkshire CEO After Warren Buffett

I believe the next CEO of Berkshire Hathaway is hiding in plain site.  There is a person that is very obvious, but no one (as far as I have read) has mentioned him as a potential candidate.  Tomorrow, I make my prediction.  Today, I have fun… Continue reading