Tag: Warren Buffett

Ryan Morris and the Value of the Activist Option

Ryan Morris of Meson Capital has been showing up on my radar frequently over the last six months (often through SumZero). From what I have read, he seems very capable and his write-ups have struck a chord with me. Investment Approach There is something about his approach that makes me think of the old Buffett … Continue reading Ryan Morris and the Value of the Activist Option →

Buffett on Nebraska Furniture Mart

In his letters to shareholders, Warren Buffett has frequently talked about Nebraska Furniture Mart and its business model. Here are the essential quotes: 1983 About 67 years ago Mrs. Blumkin, then 23, talked her way past a border guard to leave Russia for America. She had no formal education, not even at the grammar school … Continue reading Buffett on Nebraska Furniture Mart →

Warren Buffett on the Borsheim Business Model

Borsheim's Fine Jewelry is an Omaha-based jewellery store that in 1989 was acquired by Warren Buffett's Berkshire Hathaway. From the 1988 Berkshire Hathaway Letter to Shareholders You won’t be surprised to learn that this family brings to the jewelry business precisely the same approach that the Blumkins bring to the furniture business.  The cornerstone for … Continue reading Warren Buffett on the Borsheim Business Model →

Valuation in Fundamental Finance

Valuation is the discipline of estimating the value of financial securities, such as stocks an bonds, by fundamental analysis of financial statements. The Valuation Process "Graham & Dodd and Modern Financial Analysis" by Joseph Calandro, Jr. PwC  & the University of Connecticut. December 13, 2011.     The Equity Premium According to Wikipedia: "In the … Continue reading Valuation in Fundamental Finance →