Recent Articles
2016-02-27 Warren Buffett.Auto insurance
Refer To：《2016-02-27 Warren Buffett's Letters to Berkshire Shareholders》。 ‹ A bit more than a century ago, the auto was invented, and around it formed an industry that insures cars and their drivers. Initially, this business was written through ...
2008-02 Warren Buffett.Businesses – The Great, the Good and the Gruesome
Refer To：《2008-02 Warren Buffett's Letters to Berkshire Shareholders》。 Businesses – The Great, the Good and the Gruesome 企业类型——极佳、良好与糟糕 Let’s take a look at what kind of businesses turn us on. And while we’re at it, let’s also discuss what we wish to ...
1992-02-28 Warren Buffett.H. H. Brown
Refer To：《1992-02-28 Warren Buffett's Letters to Berkshire Shareholders》。 H. H. Brown We made a sizable acquisition in 1991—the H. H. Brown Company—and behind this business is an interesting history. In 1927 a 29-year-old businessman named Ray ...
1992-02-28 Warren Buffett.See’s Candy
Refer To：《1992-02-28 Warren Buffett's Letters to Berkshire Shareholders》。 Twenty Years in a Candy Store 糖果店里的二十年 We’ve just passed a milestone: Twenty years ago, on January 3, 1972, Blue Chip Stamps (then an affiliate of Berkshire and later merged ...
1992-02-28 Warren Buffett.Right Business
Refer To：《1992-02-28 Warren Buffett's Letters to Berkshire Shareholders》。 A Change in Media Economics and Some Valuation Math 媒体经济学的变化，以及一点估值算术 In last year’s report, I stated my opinion that the decline in the profitability of media companies ...
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