Value Investing News

The content for Bud Labitan’s Moats: Competitive Advantages Of Buffett& Munger Businesses book is now complete. The book is in the final editing phase. Anyone who wants to proofread, edit, and enhance a chapter can join the editing team.

“We regard the transaction as disadvantageous to Berkshire if a substantial number of Wesco shareholders elect to take Berkshire stock,” Buffett told Wesco Director Carolyn Carlburg in a Jan. 21 letter, which was published today in a Berkshire regulatory filing.

The Excellence in Investing for Children's Causes Foundation today opened bidding online for the auction of a rare first edition of Benjamin Graham's classic investment book The Intelligent Investor, signed by renowned investor Warren Buffett, who will add a personal inscription for the winning bidder.

Warren Buffett ruled out a second recession in the U.S. and said businesses owned by his Berkshire Hathaway Inc. are growing. "I am a huge bull on this country," Buffett, Berkshire’s chief executive officer, said today in remarks to the Montana Economic Development Summit. "We will not have a double-dip recession at all. I see our businesses coming back almost across the board."

In an exclusive interview today with Huffington Post and Yahoo! News, Buffett told Willow Bay that he disagreed with the recent statement by New York Times columnist and Nobel Prize winning economist Paul Krugman that we are "in the early stages of a third depression."

Berkshire Hathaway reported strong results for the first quarter of 2010 with book value per share rising 5.8 percent to $89,374 per Class A share which represents a record high (all per share figures in this article will refer to Class A shares).

I just got back from Omaha. Just as last year I tried to get down just about every word that was said by The Oracle and Charlie. Last year's notes were in outline form. This year they are in sentence form and the document is close to 15,000 words. I like to think that this is almost as good as being there. Well, except for missing Munger being absolutely on fire this year.

It used to be worth the cost of flying to Omaha, Nebraska, for Warren Buffett’s annual lovefest, the Berkshire Hathaway Inc. annual shareholder meeting where you got information available nowhere else.

Meeting notes for the 2010 Berkshire Hathaway annual shareholders meeting taken by Peter Boodell.

Berkshire Hathaway CEO Warren Buffett on the significant improvements the company saw across all its businesses beginning in March.

A slide presentation looking at Berkshire Hathaway underlying value.

Steven Kiel of Arquitos Capital Management discusses his favorite stock for the next decade, Biglari Holdings (BH).

Steve Forbes interviews Mohnish Pabrai. Pabrai Investment Funds Managing Partner encourages leisurely investing.

Berkshire Hathaway’s 1.4 percent notes due February 2012 yielded 0.89 percent on March 18, 3.5 basis points, or 0.035 percentage point, less than Treasuries.

Morningstar interviews David Winters of the Wintergreen fund. Stocks mentioned include: Consolidated Tomoka (CTO), Berkshire Hathaway (BRK.B), and Burlington Northern.