Recent Articles
1983-03-03 Warren Buffett.Issuance of Equity
Refer To：《1983-03-03 Warren Buffett's Letters to Berkshire Shareholders》。 Issuance of Equity 发行股份 Berkshire and Blue Chip are considering merger in 1983. If it takes place, it will involve an exchange of stock based upon an identical valuation method ...
1983-03-03 Warren Buffett.Insurance and Quasi-administered pricing system
Refer To：《1983-03-03 Warren Buffett.Insurance and Quasi-administered pricing system》。 The Best's data reflect the experience of practically the entire industry, including stock, mutual and reciprocal companies. The combined ratio represents total ...
1984-03-14 Warren Buffett.Goodwill and its Amortization: The Rules and The Realities
Refer To：《1984-03-14 Warren Buffett's Letters to Berkshire Shareholders》。 Goodwill and its Amortization: The Rules and The Realities 商誉及其摊销：规则与现实 This appendix deals only with economic and accounting Goodwill—not the goodwill of everyday usage. For ...
1985-02-25 Warren Buffett.Dividend Policy
Refer To：《1985-02-25 Warren Buffett's Letters to Berkshire Shareholders》。 Dividend Policy 股息政策 Dividend policy is often reported to shareholders, but seldom explained. A company will say something like, "Our goal is to pay out 40% to 50% of earnings ...
1985-02-25 Warren Buffett.Errors in Loss Reserving
Refer To：《1985-02-25 Warren Buffett's Letters to Berkshire Shareholders》。 Errors in Loss Reserving 损失准备金计提的误差 Any shareholder in a company with important interests in the property/casualty insurance business should have some understanding of the ...
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