Sitemap - 2022 - BRK Daily
2021: Would Berkshire prefer dividends to buybacks if the capital gains rate increased dramatically?
2020: How does Buffett analyze banks?
2019: Why is Union Pacific more profitable than BNSF?
2018: What is Berkshire's normalized earnings power?
2017: How is BNSF's competitive position changing?
2016: Does Berkshire consider diversity when selecting directors?
2015: Will packaged foods companies continue to consolidate?
2014: How does climate change affect Berkshire's investments?
2013: Should Berkshire break up into separate companies like Teledyne?
2012: Would a higher stock price help Berkshire use stock to acquire BNSF?
2011: Is Berkshire being overly conservative?
2010: Is having short sellers speak out healthy for our markets?
2009: How has the recession impacted Berkshire's retail and service businesses?
2008: What's Buffett's latest succession plan?
2007: What are the biggest areas of opportunity for investors over the next 50-100 years?
2006: How can people pick effective charities?
2005: What was the single best investment of Buffett's and Munger's careers?
2004: Why doesn't Berkshire own a mutual fund management company?
2003: Does Fannie Mae pose systemic risk to the economy?
2002: Does expensing stock options cause them to be double counted in per share metrics?
2001: Is Buffett helping FASB understand stock options?
2000: Are good role models important?
1999: Is BerkshireRe's moat - a strong balance sheet - still in tact?
1998: How will Coke do competing with Pepsi?
1997: How would Buffett value the S&P 500 index?
1996: Why float is valuable?
1995: Why is Buffett buying banks now that they're well above their prices in 1990?
1994: Why does Buffett like the shoe industry?
2022: How is GEICO responding to Progressive?
2021: Are share buybacks a form of market manipulation?
2020: When should someone convert A shares to B shares?
2019: Is Buffett concerned about Apple's regulatory challenges?
2018: Will BHE continue to retain 100% of earnings?
2017: How will Berkshire compensate Buffett's successor?
2016: How will Berkshire maintain its culture after Howard Buffett steps down as Chairman?
2015: Is 3G’s management method congruent with Berkshire's?
2014: Should Berkshire increase leverage?
2013: Why did Buffett buy the Omaha World Herald newspaper?
2012: Does Berkshire's structure have any downsides?
2011: Does Berkshire now prefer acquisitions to buying stocks?
2010: What useful function do derivatives serve in our economy?
2009: Is the newspaper business still compelling?
2008: Aren’t we going to eventually have a gigantic inflation here in the U.S.?
2007: What does Buffett think of managed futures funds?
2006: Would Buffett allow his successor to become CEO while he remains Chairman?
2005: What advice would Buffett give his successor?
2004: How can employees figure out if their employer has a long-term perspective, honesty, and integrity?
2003: Should intrinsic value take into account growth?
2002: How does Buffett estimate forward returns for stocks and bonds?
2001: Promotion, not performance, is Wall Street’s biggest money maker.
2000: How would Buffett invest in a deflationary environment?
1999: What are bad accounting practices?
1998: How does Buffett read an annual report?
1997: How does Buffett estimate intrinsic value?
1996: Will class B-shares permanently discourage UITs?
1995: What's the first question Buffett asks when evaluating a new investment?
1994: What's going on with Mutual Savings and Loan?
2022: What are Greg and Ajit doing to keep BNSF and GEICO competitive?
2021: What are the stocks Buffett bought that he says he doesn't know much about?
2020: What does Buffett think about stock buybacks?
2019: Does Kraft still have a moat?
2018: Is Elon Musk right that moats are lame?
2017: What sectors is Buffett most bullish and bearish on?
2016: Can Berkshire sell commercial insurance directly?
2015: What's the one question Buffett's never been asked and would like to answer?
2014: What's the biggest acquisition Berkshire would consider?
2013: How does Buffett pick priorities?
2012: How does Buffett decide whether an investment goes in his personal account or into Berkshire?
2011: Will Berkshire grow faster than the dollar depreciates?
2010: Could a few events cause significant loss for the insurance businesses?
2009: How is Berkshire preparing for inflation?
2008: How would Buffett invest differently if he had less than a million dollars?
2007: What's going on in the sub-prime market?
2006: What's the best business school?
2005: Could Ford or GM use bankruptcy to remove their legacy healthcare liabilities?
2004: How does Buffett think about high magnitude but low frequency events?
2003: Why don't investors misprice conglomerates?
2002: How does gold affect stocks?
2001: If Buffett was investing a small sum today, which approach would he use?
2000: How does Coca-Cola justify Doug Ivester’s severance package?
1999: It is inevitable that some shareholders will get Berkshire's annual reports before others.
1998: What is the long-term impact of catastrophe bonds and catastrophe derivatives on Berkshire's float?
1997: Thoughts on incentive compensation.
1996: Will people still create UITs of Berkshire in the future despite the class B shares?
1995: Does Buffett still use Graham's formula from The Intelligent Investor?
1994: Why is Salomon Brothers a good business?
2022: It is ridiculous to have to split the Chairman and CEO roles.
2021: If stocks are in a bubble, then is cash the best investment?
2020: Could the US default?
2019: Is Berkshire’s partnership with 3G a weakness for Berkshire?
2018: Does Berkshire's struggles imply that the healthcare industry has high barriers to entry?
2017: Is Buffett changing the succession plan for Berkshire’s next CEO?
2016: Update on Buffett's wager against hedge funds.
2015: What's the strategy behind Berkshire's direct-to-consumer workers' comp insurance?
2014: What are the current prospects for NetJets?
2013: Will GEICO copy Progressive's Snapshot?
2012: Why has gold outperformed Berkshire stock since 1999?
2011: Why did Buffett resign from the Washington Post's board?
2010: How would Buffett calculate "allowable returns" in the railroad industry?
2009: Should investors copy Berkshire's in their own accounts?
2008: How would Buffett hedge currency risk?
2007: How would Buffett invest a small sum if he was starting over?
2006: How would illegal immigration reform affect Berkshire?
2005: What is Berkshire's strategy for a bear market?
2004: Should new investors buy Berkshire or a low-cost index fund?
2003: What does Buffett read to make investment decisions?
2002: Will the sheer size of Berkshire's float eventually force a change in investment style?
2001: Why did Buffett start an investment partnership instead of a mutual fund?
2000: Will Berkshire invest in renewable energy?
1999: Does Buffett really buy "one share of everything" to get every annual report?
1998: Why don't brokers recommend Berkshire stock?
1997: What does a normal day look like for Buffett?
1996: Will World Book Encyclopedias go electronic?
1995: Why doesn't Berkshire sell underperforming subsidiaries?
1994: Does Berkshire prefer goodwill amortization and purchase accounting or pooling?
2022: Buffett explains share repurchases.
2021: How do SPACs affect Berkshire's ability to make acquisitions?
2020: How will inflation affect capital-intensive businesses?
2019: How does Berkshire price unconventional insurance contracts?
2018: What is Berkshire's direct-to-consumer insurance strategy?
2017: What would happen to Berkshire's insurance operation if Ajit retires?
2016: Is Valeant "highly immoral?"
2015: What would happen if Berkshire were deemed too big to fail?
2014: Why did Berkshire change its Bank of America cumulative preferred shares to noncumulative preferred?
2013: Would Buffett stop Ted or Todd from buying a stock he didn't like?
2012: What’s a reasonable pre-tax multiple to apply to Berkshire's non-insurance earnings?
2011: Have we done anything to prevent another bank bailout?
2010: How would Buffett intervene in an unethical or illegal situation at a Berkshire subsidiary?
2009: Buffett runs Berkshire as if he owns 100% of it.
2008: Does Buffett prefer a smaller, high margin business or a larger, lower margin one?
2007: What's Buffett's advice for donating money to philanthropy?
2006: What's Buffett's advice for young professionals?
2005: What are the odds of high inflation and how would it affect Berkshire?
2004: How can regulations shape a company's competitive advantage?
2003: What qualities does Buffett look for in a manager?
2002: Did compensation mis-incentives result in writing mis-priced insurance policies?
2001: Buffett comment's on GEICO's underwriting.
2000: How deep is Moody's moat?
1999: Why didn't Berkshire invest in pharma in '92-93?
1998: What is Berkshire's cost of capital?
1997: How can Buffett analyze a business in five minutes?
1996: What will happen if there is more demand for B shares than for A shares?
1995: What's the best edition of Security Analysis?
1994: Should banks be buying back more shares?
2022: Does Berkshire proactively approach foreign companies it'd like to acquire?
2021: Is float worthwhile when you can borrow in the bond market at a negative interest rate?
2020: How will negative interest rates affect the value of float?
2019: What have Buffett and Munger learned about human nature?
2018: Does Berkshire use zero-based budgeting?
2017: Why was USG’s equity a safe investment during bankruptcy?
2016: If Buffett had a silver bullet, which competitor would he take out and why?
2015: What has Buffett learned from Henry Singleton’s Teledyne?
2014: Why was See’s Candy able to grow its profits through the ’70s, ‘80s and ’90s, but not, so far, in this millennium?
2013: What will happen when Berkshire's Harley Davidson notes expire?
2012: Who will manager Berkshire derivatives after Buffett?
2011: What are the most important things Buffett learned last year?
2010: How does Berkshire set performance based-compensation?
2009: How do you justify holding stocks forever when the fundamentals have permanently changed?
2008: What should a 12 year old read?
2007: Why did Berkshire sell its silver?
2006: Why isn't Berkshire buying back shares?
2005: Should American's own non-dollar denominated investments?
2004: How does Buffett handicap growth?
2003: How did Buffett's Fortune article come about?
2002: What does Buffett think of the new goodwill accounting methods?
2001: How does GEICO control costs?
2000: What is the best way to calculate option costs?
1999: Is there more to wealth than money?
1998: Should the government provide citizens investment accounts?
1997: Can American manufacturing compete with low wages overseas?
1996: Should Berkshire's price-to-book multiple expand over time?
1995: What's going on at Salomon Brothers?
1994: What's Berkshire's intrinsic value per share?
2022: How was Buffett able to buy so many OXY shares so quickly?
2021: What does Munger think of Modern Monetary Theory?
2020: Will activists breakup Berkshire?
2019: Why are Precision Castparts' margins down?
2018: Will an increased supply of Treasuries affect interest rates?
2017: What is Berkshire's periodic payment annuity business?
2016: What is Berkshire’s competitive advantage in its leasing businesses?
2015: Is the cash flow from annual increase in deferred taxes sustainable?
2014: What are Berkshire's weak points?
2013: How will rail roads handle declining coal volumes?
2012: Which Berkshire subsidiary has improved its competitive position the most?
2011: What are Buffett's thoughts on oil?
2010: How did Buffett analyze BYD?
2009: What is Berkshire's sustainable competitive advantage?
2008: How would Buffett approach solving pollution?
2007: Would Buffett invest a portfolio in a mix of stocks and bonds?
2006: What would happen to the economy after a nuclear attack?
2005: Should financial intermediaries enforce accounting?
2004: Will technology increase ROE in aggregate?
2003: Why doesn't Buffett earn a performance fee?
2002: How does Buffett interpret GAAP accounting?
2001: Buffett praises State Farm
2000: What are good sources for learning more about types of competitive advantages?
1999: Will Berkshire buy more businesses outright as it grows?
1998: Will Japan sell its U.S. Treasuries?
1997: What should the capital gains tax be?
1996: How will GEICO affect Berkshire's float?
1995: How can investors value Berkshire's subsidiaries?
1994: Is Buffett influencing the Fed?
2022: What made Buffett suddenly decide to deploy capital after his letter came out?
2021: What does Buffett think of high-flying tech stocks?
2020: What's the status of Berkshire's short puts?
2019: What are Berkshire's five largest foreign stock investments?
2018: Why is Duracell earning less under Berkshire than it did under P&G?
2017: What is the value of Berkshire to the world?
2016: Will activists target Berkshire if it trades at a sharp discount to intrinsic value?
2015: What are the odds of high inflation?
2014: How does Berkshire decide to pull cash from subsidiaries to headquarters?
2013: What's Berkshire's long-term competitive advantage and business model?
2012: Has fear of systemic risk ever caused Berkshire to stop buying stocks?
2011: Is BYD still an attractive an investment?
2010: What has Buffett learned from Net Jets?
2009: Is a stock's cost basis relevant to deciding to sell it or continue owning it?
2008: What single financial metric is most important?
2007: Could China experience similar disruptions as Japan in 1990?
2006: Do businesses in high GDP per capita countries grow faster?
2005: Why doesn't Berkshire buy more U.K. companies?
2004: Will Berkshire continue to run as smoothly after Buffett?
2003: What is the long-term vision for MidAmerican Energy?
2002: Are Coca-Cola bottler's leverage a concern for Coca-Cola and Berkshire?
2001: What is Berkshire's asbestos risk?
2000: Is the average insurer a good business?
1999: What's the risk/reward of investing directly in Chinese companies?
1998: Is float as valuable as equity?
1997: What is World Book's value proposition?
1996: Can Wells Fargo reduce costs by cutting branches?
1995: What are the fundamental rules of economics Buffett used to make money for Berkshire?
1994: What should people do with their blue chip stamps?
2021: Why did Berkshire trim its Apple position?
2020: Is there a risk of permanent loss of capital in Berkshire's oil investments?”
2019: How did Buffett and Munger know they were ready to manage other people’s money?
2018: What will Berkshire look like in 2068?”
2017: Would Berkshire be better off if it continued to invest in capital-light companies?
2016: How does Buffett feel about investing in investment banks?
2015: What was Buffett's most memorable failure and how did he deal with it?
2014: Do Buffett and Munger ever argue?
2013: How does Buffett persuade business owners to sell to him?
2012: What does Berkshire stock trade at an undervalued price?
2011: What changes can be made to U.S. economic policy or Federal Reserve policy or tax laws to improve the economy?
2010: What are the key metrics Buffett looks at to evaluate future inflation?
2009: To what extent should preferred stock and debt share losses in bank rescue plans?
2008: Ajit's Municipal Bond Insurance Business
2007: What does Buffett think about global warming?
2006: What is Berkshire's exposure to silver?
2005: What would happen if Freddie Mac and Fannie Mae are regulated differently?
2004: Will Berkshire bring back the shareholder-designated philanthropy program?
2003: Would Berkshire buy back stock?
2002: Would Berkshire invest in the pharmaceutical industry?
2001: Will GEICO expand into Asia? Does Coca-Cola spend too little on advertising?
2000: Will Berkshire's newspapers successfully transition to the internet?
1999: Is Buffett playing white knight to any companies now?
1998: Is there a price at which it’s inappropriate for a company to use its capital to buy back its stock?
1997: Would Buffett buy Berkshire stock now?
1996: Will the class B shares dilute the earnings of the class A shares?
1995: Is Buffett beginning to feel threatened by the success of the Beardstown Ladies?
1994: Will Berkshire trade commodities like Hillary Clinton?
2021: How does GEICO compare with Progressive?
2020: Could Buffett on Berkshire's Occidental Petroleum deal?
2019: What is the regulatory impact of holding more than 10% of a company’s stock?
2018: If Buffett only managed $1 billion, what would he do different?
2017: Will coal be a meaningful business for BNSF in the future?
2016: Could there be another major railroad merger?
2015: When will distributed electricity generation threaten Berkshire's utilities?
2014: Why does BNSF assume debt while paying dividends to Berkshire?
2013: Will Buffett's successor have access to the same deal flow?
2012: If Buffett had to start over, what would he focus on?
2011: How does Berkshire handle compliance?
2010: How would Buffett change the tax system?
2009: What would Ben Graham say about derivatives?
2008: How do you grow a small business into a big one?
2007: What would Buffett look for in a money manager?
2006: How should investors value NetJets and BerkshireRe?
2005: What does Buffett think of AIG and Converium?
2004: What are Berkshire Hathaway HomeServices future prospects?
2003: Why did GenRe buy CologneRe?
2003: Buffett Discusses Blue Chip Stamps
2001: Will Berkshire compound its float at 10% over time?
2000: Could the relationship with price and intrinsic value break down?
1999: How should goodwill be accounted for?
1998: Has Berkshire's policy of partnership and fair dealing increased its investment returns?
1997: Does Berkshire invest in tobacco companies?
1996: How does Buffett think about buybacks?
1995: Are there restrictions on what Berkshire can buy with its float?
1994: Has Berkshire considered a reverse split?
2021: Why do GEICO and BNSF have lower profit margins than Progressive and Union Pacific?
2020: How does capex compare to economic and GAAP depreciation at Berkshire Hathaway Energy?
2019: Please update us on succession planning.
2018: Would Berkshire consider a one-time special dividend?
2017: How would an investment tax credit affect BNSF?
2016: What are the risks to Berkshire if Trump wins?
2015: Which subsidiaries are allowed to use Berkshire's name?
2014: Will Berkshire disclose how much its highest paid subsidiary managers make?
2013: Is Pampered Chef a pyramid scheme?
2012: Would Berkshire ever buy an annuity business?
2011: How should an investor choose between Berkshire and a mutual fund?
2010: How can we educate children to avoid repeating the financial crisis?
2009: How does Berkshire strong balance sheet and credit rating give it advantage when interest rates are zero?
2008: How will Berkshire take advantage of the current market dislocations?
2007: How does Buffett determine intrinsic value?
2006: Have insurance rates hardened as much as Buffett anticipated?
2005: Will Berkshire acquire the remainder of Cologne Re?
2005: How will the Public Utility Holdings Company Act affect MidAmerican Energy?
2003: Is Berkshire at more risk now that it is the lone reinsurer with a triple-A credit rating?
2002: How does Buffett ensure he doesn't fool himself?
2001: What does Buffett think about the recent inventory write-offs at large companies?
2000: Should shareholders adjust book value for mark-to-market changes in Berkshire's stock portfolio?
1999: Do you ever get tired of being Warren Buffett?
1998: How does Buffett review all of the stocks in the market?
1997: Is just owning Berkshire better than owning a diversified portfolio?
1996: How would Buffett value Berkshire shares?
1995: Is Berkshire issuing stock in anticipation of an acquisition?
1994: What will happen to Berkshire if something happens to Buffett?
2021: How do Greg and Ajit interact with Berkshire's other managers?
2020: Is Ajit Jain still in the picture?
2019: How can kids develop the delayed-gratification skill?
2018: Should businesses play a role in making policies about the sale of guns?
2017: How would Buffett introduce value investing to speculators?
2016: Why don't philanthropists found new colleges to reduce the cost of education?
2015: How will the Asian Infrastructure Investment Bank affect U.S. multinational corporations?
2014: If Buffett were required to invest his entire net worth in one company, what would that be?
2013: What does Buffett think of Bitcoin?
2012: How is Buffett feeling?
2011: Is Berkshire prepared for continued US Dollar weakness?
2010: What's the chance of higher inflation?
2009: Should the government spend more on infrastructure?
2008: Does Buffett do pairs trading?
2007: Is the rise of short-term investing unhealthy for markets?
2006: Should Berkshire have sold Coca-Cola at 50x Earnings?
2005: How can investors identify great managers and entrepreneurs before they have a track record?
2004: How does Berkshire prevent workers compensation fraud?
2003: Does Buffett think Berkshire stock is expensive?
2002: Is Coca-Cola still an "inevitable"?
2001: Given Buffett's diet, what is his cholesterol level?
2000: Does GenRe have a rational incentive compensation plan?
1999: Would Berkshire invest in the communications sector?
1998: What does Buffett think about the global financial environment and the America's competitive position?
1997: Will Berkshire help turnaround US Air?
1996: How should shareholders think about Berkshire's future growth rate?
1995: How many years out does Buffett discount earnings?
1994: What are the long-term growth prospects for Guiness?
2021: Do Buffett and Munger have differing opinions on Costco and Wells Fargo?
2020: Why has Berkshire underperformed the S&P 500?
2019: How would Buffett value Berkshire's insurance unit?
2018: How will tariffs affect Berkshire's manufacturing businesses?
2017: How much did Berkshire invest in Kraft Heinz alongside 3G?