We Study Billionaires - The Investor’s Podcast Network
Business:Investing
Stig has invited legend investor Chris Bloomstran from Semper Augustus to teach us how to value Berkshire Hathaway on today's show. Semper Augustus has an outstanding track record with a CAGR of 11.5% since his fund's inception on 2/28/1999, compared to 6.9% for the S&P500.
There is no one in the space we respect as much as Chris Bloomstran when valuing the intrinsic value of Berkshire Hathaway.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
10:21 - The intrinsic value of Berkshire Hathaway and what the P/B of Berkshire Hathaway tells us & what it doesn’t tell us.
16:34 - How to think about depreciation and maintenance CAPEX
19:02 - Why the insurance business is worth approximately as much as the energy and railroad businesses combined
35:17 - How to think about Berkshire Hathaway’s bigger equity positions
1:13:49 - Where you can use Berkshire Hathaway to park cash?
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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