Berkshire Hathaway

Our take on the investing, financial, & economic themes of the day

Practicing Patience With the Market at an All-Time High

28 July, 2016 by Ben O'Brien in Commentary
Recently the financial press trumpeted that the S&P 500 was at a new “all-time high.” In one sense this is a good thing, a sign of strength and resilience, that the market has recovered from the financial crisis and is breaking new ground. In another sense though, many stocks are getting ... read more...

The Wisdom of Buffett’s “Too Hard” Bin

16 June, 2015 by Ben O'Brien in Commentary
Regular readers of this blog will have to forgive me for writing about Warren Buffett so much recently, but I recently read his excellent biography by Roger Lowenstein, and so I have Buffett on the brain. One Buffett anecdote that resonated with me was his comment that on his desk he had an ... read more...

The Ideal Investment: Tesla versus the Toll Bridge

9 June, 2015 by Ben O'Brien in Commentary
What is the ideal company to invest in? Many people, professional investors and laymen alike, would think of a company like Apple or Tesla: revolutionary technology, a charismatic founder and perhaps a cult following among customers. Indeed some companies like this have been great investments. ... read more...

Why Warren Buffett likes Stocks

15 February, 2012 by Ben O'Brien in Commentary
In a preview of widely-read shareholder letter, Warren Buffett makes the case for stocks compared to bonds and gold. There is nothing new here, but we agree with Buffett on this point and the message is always good to hear: My own preference — and you knew this was coming — is our ... read more...