“Nothing extraordinary has occurred at Berkshire; a very long runway, simple and generally sound decisions, the American tailwind and compounding effects produced my current wealth,” Buffett said. “My will provides that more than 99% of my estate is destined for philanthropic usage.”
"Excluding shares of treasury stock, Berkshire Hathaway’s ownership interest in each of the five companies now averages more than 81⁄2%"
"Berkshire Hathaway’s intention continues to be to hold its Japanese investments for the long term. Depending on price, Berkshire Hathaway may increase its holdings up to a maximum of 9.9% in any of the five investments."
A discussion of the basics of investing in banks and why First Citizens plays an important role in the banking system despite being relatively unknown, and how it is adapting its acquisition strategy to today's economic environment.
Bill joined AssetTV and industry allocators for a discussion on the landscape for US small cap stocks and how investors can best use small caps in a portfolio amid current market challenges.