Berkshire B - Analysing Accounting Assumptions
Berkshire B - AAA rated stock or un-analyzable Conglomerate Berkshire Hathaway probably needs no further elaboration. Known as the world's most expensive stock, it is a physical manifestation of what happens to a company which can fully reinvest its high rate of return (almost without dividend payout) and let compounding run its full effect. A company that was rejected by the efficient market hypothesis as a six sigma event, sticks out as a sore thumb to academics and a wonder to capitalists around the world. Throes of shareholders make their yearly pilgrimage to Berkshire Hathaway (including notable professional fund managers) to get some nuggets of wisdom from the oracle of Omaha. To be frank, I was only recently made aware of Berkshire B stock while poring through the essays of Warren buffet, a book on the profound knowledge on investing, which is not easily communicated through speeches or third party authors alone. The depth of insight surpass third party Buffettlogy a...