Finance

Thoughts on Berkshire Hathaway’s 2020 Cash Pile, Markets, Inflation, the US Dollar, and so on

In his annual reports and shareholder meeting Q&A sessions, Warren Buffett often mentions a stand-out period from 1968 to 1979 where the US stock market was stuck in a “consolidation” pattern – it wasn’t flat, the market hit a high in 1968 and didn’t fully break out until after 1979. It included a 50% crash,

How to Value a Company

There will be a lot of conversations about why prices are going up or down… in the end it’s simply supply and demand. More buyers than sellers makes the price go up. More sellers than buyers makes the price go down. Either people want more of it or they don’t. (Paraphrased from Josh Brown) Fidelity.com has