by John Huber | Nov 16, 2015 | Warren Buffett
I came across this video that I’ve never seen before. It’s a video of a young 31-year old Warren Buffett giving an interview to a journalist about the stock market decline that occurred in the first half of 1962: Buffett’s comment at the very...
by John Huber | Nov 4, 2015 | Industry-Banks, Investment Ideas & Company Research
“In the end, banking is a very good business unless you do dumb things.” – Warren Buffett Buffett has been investing in bank stocks since the 1950’s, and I think one of the things he probably likes most about banking is the predictability of deposit growth. As he...
by John Huber | Oct 14, 2015 | Investment Ideas & Company Research
Fastenal (FAST) reported earnings yesterday. I love reading Fastenal’s press releases. They are more like investor letters than they are press releases. I didn’t even see one “Adjusted EBITDA” reference in the entire release—which is written in layman’s terms more...
by John Huber | Sep 29, 2015 | Portfolio Management, Shareholder Letters & Reports, Warren Buffett
I was glancing through the Berkshire letters from the late 1990’s because I recall Buffett briefly mentioning his large silver position he acquired and I was trying to see if Buffett referenced the specific cash cost of production. He didn’t in the letter—only...
by John Huber | Sep 3, 2015 | Industry-Railroads, Investment Ideas & Company Research
Stock prices have finally entered the much anticipated correction, and so I’ve spent more time lately looking at my watchlist of great businesses that I’d like to own at some point. My portfolio has been largely made up of special situation investments for some time,...
