This is a wonderful piece on Ajit Jain who runs Berkshire Hathaway’s (Brk/B) mammoth reinsurance business.  Jain is my prediction for Buffett’s successor for whatever that is worth.  The reasoning for this is the man is clearly an exceptional talent, and Jain has proven that he is loyal and he has the passion for Berkshire...Read More

With the Berkshire Hathaway shareholder meeting occurring this week there will be a tremendous amount of publicity on the company.  It is amazing to me how inexpensively the stock is trading given the excellent performance of the underlying businesses, and the opportunity to grow moving forward.  Berkshire is poised to prosper as housing improves, and...Read More

Berkshire Hathaway’s (BRK/B) subsidiary Lubrizol seems to be executing quite well according the their CEO James Hambrick.  In this article Hambrick says that he plans to increase revenue by about 60%, and that $10 billion in revenue is a reasonable number for this company.  The Lubrizol acquisition was clouded by all of the drama surrounding...Read More

In very sad news Warren Buffett wrote to shareholders that he has been recently diagnosed with stage 1 prostate cancer.  Fortunately the outlook looks good and we certainly wish the best for him.  In the much smaller matter of how it impacts his company Berkshire Hathaway (BRK.B, BRK.A), I believe that Buffett has put a...Read More

Doug Kass seems to be on the same page as us at T&T Capital Management with his thesis that investors want to be exposed to the banks that have exposure to real estate to play the rebound in prices and demand.  He also sees the tremendous value that Berkshire Hathaway (BRK/B) offers at current prices....Read More

When most people think of Warren Buffett’s investment philosophy they think of his large positions in iconic companies such as Coca Cola, Burlington Northern, Geico, Wells Fargo, etc.  These investments are core positions where he was able to allocate huge sums of money with the understanding that the franchise values would continue to grow over...Read More

This is a fun article written by Geoff Gannon where he discusses some of Warren Buffett’s first investments.  For any serious value investor I’d of course recommend reading all of Buffett’s Partnership letters and Berkshire Hathaway Chairman’s letters, but this article did a nice job in outlining the details of a few of them. INVESTING...Read More

I hope that you had a wonderful Christmas.  Today Sears Holdings announced that they are closing 100-120 stores and that they will be selling the inventory and real estate to raise cash.  While the market has reacted unfavorably to this announcement, we see it as a huge positive from an investor’s point of view.  When...Read More