Geoff Gannon reviews Don Keough's new book: "The Ten Commandments for Business Failure". "It’s a business book – and a damn good one. The lessons within provide insights into businesses both good and bad and therefore they are as useful to the investor as they are to the executive."

Berkshire Hathaway’s letter to MBIA on 2/6/08 that Buffett mentioned this morning on CNBC.

Long post on Berkshire Hathaway's "business model" - how it grows and why the model works even if Buffett isn't at the helm.

CNBC article on Berkshire Hathaway's stock performance in 2007. The article includes a table that compares the performance of Berkshire's stock against the S&P 500 for each year from 1977-2007. Berkshire's stock has average a 30.4% return during that period versus 9.8% for the S&P 500.

The Economist discusses Berkshire's new bond insurance start-up: "his most intriguing investment, announced on December 28th, was his smallest: $105m to fund Berkshire Hathaway Assurance Corporation (BHAC), a start-up that will insure bonds issued by American states, cities and counties to finance schools, roads, hospitals and other public projects."

A look back at the top submissions here at Value Investing News in 2007. Honors are given to Geoff Gannon of Gannon On Investing for the top value investing story of the year. I also reflect on some of the statistics associated with these top articles.

Insurer ING Group said Friday it will sell its reinsurance unit, NRG N.V., to Warren Buffett's Berkshire Hathaway Group for about $435.7 million.

Some details on Warren Buffett's latest purchase, Marmon Holdings. The article includes a description of the businesses Marmon Holdings is involved in.

The Peridot Capitalist chimes in on the Berkshire Hathaway valuation debate and actually thinks the shares are even more overvalued than Barron's. The debate rages on...

Here is the Barron's story that everyone is talking about today regarding Berkshire Hathaway's value. Access to this story should now be free.

Jeff Matthews responds to Barron's recent "Sell Buffett" cover story. He focuses on issues other than valuation, and points out that Berkshire is not harder to understand than many other businesses, despite its complexity. Most importantly, Buffett actually does communicate extensively with shareholders - he just doesn't do quarterly conference calls for Wall Street analysts.

Geoff Gannon writes this blog post in response to Barron's "Sell Buffett" cover story. The post looks at a fair value for Berkshire (BRK.A) shares and finds that there is currently no real "Buffett premium" baked into the stock price. In fact, if Buffett gives Berkshire another 9 years, Berkshire may end up being a bit undervalued at the latest price of $143,000 per "A" share.

Buffett talks about how GEICO was his best investment.

Warren Buffett tells FOX Business anchor Liz Claman a succession plan is in place. Apparently, Buffett has selected four candidates for the board to consider. All four manage large sums of money. I thought is was disappointing to hear that none of them will be starting before Buffett leaves his position.