Via Forbes, a look at how Markel’s Chief executive Thomas Gayner has quietly turned insurer Markel into a mini-conglomerate. Meet Richmond’s answer to the Oracle of Omaha: Thomas Gayner gets a kick out of telling the story. It was 1983. He had just graduated from the University of Virginia with a plan to return home to Salem, […]
Read more »Via The Economist, a look at a firm which many consider as technology’s Berkshire Hathaway: For older startups these are tough times. The weak recent stockmarket debuts of Arm, a British chipmaker, Instacart, a grocery-delivery group, and Klaviyo, a software firm, have dampened enthusiasm for initial public offerings. Venture capital (vc) has dried up. Data […]
Read more »Via Bloomberg, interesting commentary on how many – such as crypto billionaire Sam Bankman-Fried couldn’t survive the comparison – but others who actually invest somewhat like the Berkshire Hathaway chairman fare better: A couple of months ago, crypto billionaire Sam Bankman-Fried was peering out from the cover of Fortune magazine above the words “The Next Warren Buffett?” Now he’s at […]
Read more »Courtesy of Wall Street Journal, a look at what some consider to be a Mini Berkshire: Tracy Britt Cool spent a decade working for Warren Buffett. She now wants to buy the kinds of companies that might have interested the famed investor 30 or 40 years ago. Those are businesses typically run by founders or […]
Read more »Via Business Insider, an article on how an investor hailed as ‘The Chinese Warren Buffett’ just revealed a $245 million stake in Berkshire Hathaway — and now counts Buffett’s company among his biggest bets: A longtime associate of Warren Buffett and Charlie Munger revealed a $245 million stake in Berkshire Hathaway this week. The purchase signals he has […]
Read more »Courtesy of Barron’s, a look at the next generation of would-be Buffetts: Every generation puts its own spin on tradition. Recipes are adapted. Wedding ceremonies evolve. Vacation-photo slide shows become Instagram stories. And the era of traditional value investing, pioneered by Benjamin Graham as the U.S. was emerging from the Great Depression, has quietly undergone […]
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