Tag Archive: Berkshire Hathaway
Did you believe the CEO of any financial organization can also be the chief risk officer. Does the future ceo will be chief risk officer? I do believe CEO of financial organizations should also be chief risk officer. I am the chief risk officer of Berkshire. My successor will have the same responsibility, and we will not select who does not have the ability. It is not an impossible job. Berkshire can act in speed that is rare among corporations….
Each year, after Warren Buffet took office in Berkshire, he will write a letter to shareholder together with annual report. In this letter, Warren not only summarize the performance of Berkshire in the past year, but also brief his investment philosophy. It’s a holy bible to every value investor. In Feb 26, 2017, Warren Buffet released latest letter to the world as usual. Numerous of critics or news have reported and analyzed for the letter, so I don’t want to…
As the world moving towards inflation age, every government want to print more money to solve certain problems. The fast increasing new money made normal people lose their purchase power, and every one is eager to find out a way to maintain their current wealth. So many investment managers are showing people of different investing ways, such as gold, oil, P2P, stock, real estate, etc, and promising huge returns in a short time. The result is always turned out that…