Although this year's Berkshire Annual Meeting didn't break new ground, it underscored the attractiveness of Berkshire shares, say Morningstar's Drew Woodbury and Gregg Warren.
Morningstar's Drew Woodbury and Gregg Warren give their take on how Berkshire's culture will change after Buffett departs and other key issues from the first half of the Berkshire Hathaway Annual Meeting.
Alternative methods have some use, but we think discounted cash flow is the most fundamentally sound way to value the conglomerate, as we discuss in the final installment of our 5-part series.
Morningstar's Drew Woodbury says Berkshire's increasing cash position and Buffett's succession plan will be among the main focus points this weekend in Omaha.
In Part 4 of a 5-part series, Morningstar's Gregg Warren and Drew Woodbury say valuing Berkshire's insurance and investment units using the float method is hypothetically an improvement, but in practice a number of important problems pop up.
We'd like to see Buffett address future acquisitions, his take on the economy, the firm's succession plan, and more at this year's annual meeting.
In Part 3 of a 5-part series, Morningstar's Gregg Warren and Drew Woodbury say the so-called two-column approach to valuing Berkshire can be useful, but it also has significant shortcomings.
In Part 2 of a 5-part series, Morningstar's Gregg Warren and Drew Woodbury look at how book value can provide a rough guide to Berkshire's intrinsic value.
In Part 1 of a 5-part series, Morningstar's Gregg Warren and Drew Woodbury explore the pros and cons of using an earnings multiple to value Berkshire Hathaway.
In yet another surprising move from the Oracle of Omaha, Berkshire has raised its price limit for future stock purchases while retiring 9,200 Class A shares.
Property and casualty firms should have the capacity to pay out the estimated claims from Sandy; we're leaving our fair value estimates unchanged.
A profitable year and the potential for a stronger pricing environment has left the insurance industry in a position to absorb losses, says Morningstar's Drew Woodbury.
But growth prospects are more muted, and we believe the shares are fairly valued.
The high-quality insurer's shares might be attractive for investors bullish on the region, but risks remain.
With the U.S. market for life insurance mature, firms are increasingly looking to Asia for growth, says Morningstar's Drew Woodbury.
Buffett's succession plans will likely garner heavy attention once again during the Berkshire annual meeting's question-and-answer session.
The company made a number of significant purchases in the quarter while selling off small amounts of long-held legacy positions.
A dividend would be a good way to return capital to shareholders, says Morningstar's Drew Woodbury, but Buffett's reluctance means investors shouldn't hold their breath for one.
Despite a previously stated aversion to technology companies, IBM's wide-moat operation is the type of business Buffett prefers. Plus get our take on other Berkshire portfolio changes.
We're pleased to see Berkshire add additional transparency to its succession plans.
With Hurricane Irene having largely dissipated, it seems that the impact on insurance companies will be much less than originally projected.
Morningstar's Drew Woodbury and Gregg Warren highlight the key themes and takeaways from the 2011 Berkshire Hathaway Meeting.
We believe the Sokol debacle has set the stage for a somewhat more contentious question-and-answer session at this year's annual meeting.
Sokol's resignation clouds Berkshire's succession plan, while his Lubrizol trades tarnish to some extent the firm's legacy of strong ethical behavior.
Despite improved financial strength, we still view the industry unfavorably.
The insurance market continues to soften, but we believe prices will begin to firm sooner rather than later.
We think steering clear is the best approach for long-term investors.
W.R. Berkley will benefit when the market hardens.