by John Huber | Nov 7, 2017 | Charlie Munger, Warren Buffett
I recently came across a letter that Buffett sent to Chuck Huggins, the CEO of See’s Candies in 1972 (thanks to Marcelo Lima at Heller House for posting it). See’s is a case study that has been dissected from every angle, but this was a letter I hadn’t...
by John Huber | Oct 30, 2017 | Charlie Munger, Warren Buffett
“I’ve never heard an intelligent discussion about ‘cost of capital’.” – Charlie Munger I read something a few weeks back that referenced some comments that Charlie Munger once made on the topic of cost of capital. Maybe these comments will be yet another...
by John Huber | May 11, 2017 | Charlie Munger, Investment Philosophy, Saber Capital Management, Think Differently, Warren Buffett
Last week I headed to Omaha to attend Berkshire Hathaway’s annual meeting. Nowadays, there is less of a reason to attend the meeting in person because it is available to watch online, but I love attending the event for all of the peripheral meetings that occur. It was...
by John Huber | Oct 18, 2016 | Saber Capital, Warren Buffett
“A truly great business must have an enduring “moat” that protects excellent returns on invested capital.” –Warren Buffett, 2007 Shareholder Letter During recent calls with Saber Capital clients, numerous questions related to quality and return on capital...
by John Huber | Aug 1, 2016 | Education, Investment Philosophy
This post is the second guest post by my friend Connor Leonard, in what I hope to be a somewhat regular “column” here at BHI (by regular, I mean as often as Connor decides to put the proverbial pen to paper and share his insights with us). Based on the...
