Warren Buffett’s 2017 Annual Letter (Berkshire Hathaway)

Berkshire Hathaway Letter to Shareholders, February 24, 2018 Berkshire’s gain in net worth during 2017 was $65.3Bn, which increased per share book value by 23% Over the last 53 years, per-share book value has grown from $19 to $211,750, a rate of 19.1% compounded annually Of the $65.3Bn, only $36Bn came from operations; remaining $29Bn […]

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Wedgewood Partners 1Q17 Letter – Review/Outlook, AAPL, V, CLB, EW, ESRX, LKQ, MJN, PCLN, QCOM, SLB, TSCO

Wedgewood Partners 1Q17 Letter: Happy 8th Anniversary Mr. Market, April 2017 Review and Outlook Gained 6.0% during 1Q17 compared to Russell 1000 Growth Index of 8.9%; S&P 500 gained 6.1% during the quarter Top first quarter performance contributors included Priceline, Apple, Mead Johnson, TreeHouse Foods, and Visa Top first quarter detractors included Schlumberger, Qualcomm, Berkshire […]

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David Einhorn

  David Einhorn is the founder of Greenlight Capital, a long/short hedge fund he co-founded in 1996. While Greenlight primarily employs passive investing strategy, he has been widely publicized for activist investing (formal and informal activism campaigns include Allied Capital, Green Mountain Coffee, Overstock, Pioneer Natural Resources, Athenahealth, Microsoft, Netflix, Apple, and many more). David […]

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