Tag Archives: berkshire hataway

The value of Buffett’s cult of personality

When I learned yesterday that Berkshire Hathaway had just reported its biggest book value loss in 44 years (indeed, it has only even had a loss once in that 44 year period), I said to my wife “dammit, Mabel, it’s time to buy.”  But Mabel wouldn’t listen.  Her theory is that everyone is investing in [...]
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