By now anyone that is a Google Reader user has heard the news. Google will sunset Google Reader on July 1, 2013. I know that a lot of investors use RSS feeds to keep track of the vast amount of information that is released, and everyone up to now has used Google Reader as their RSS reader. For me, I use it to keep track of blogs, company filings, news on portfolio companies, S-1 filings, 13D filings etc… It’s a central source for me to review all of the released information in one location so that I can easily...
Berkshire Hathaway 2012 Annual Report
The Berkshire Hathaway 2012 Annual Report is now out, you can read the full version here 2012 was another year that Berkshire did not surpass the S&P 500 in annual returns as calculated by book value gain vs the index gain. Book Value gained 14.4% for the year versus the S&P 500 at 16%, and that makes it three times in the past four years that the company has under performed the benchmark. To date, we’ve never had a five-year period of underperformance, having managed 43 times to surpass the S&P over such a stretch. (The record is on page 103.)...