In response to Dan Loeb’s letter to Disney, Chris Bloomstran has written his own letter to Disney CEO Robert A. Chapek, encouraging him to “not act by reflexively endorsing the “advice” of well-known activist hedge fund managers.” Instead he’s suggesting a myriad of alternatives regarding its capital allocation. Here’s an … Read More
Chris Bloomstran: My Biggest Mistake Was An Error Of Commission
In his 2018 year end letter Chis Bloomstran lamented on some of his greatest mistakes as an investor in a section titled – THE UNIVERSITY OF ROSS – Lessons Learned the Hard Way. His biggest mistake was an error of commission in Ross Stores. It’s a great lesson for all … Read More
Chris Bloomstran: The Intrinsic Value And Earnings Power Of Berkshire Is…
Here’s a great interview with Chris Bloomstran of Semper Augustus talking to the folks at the Gabelli Funds Omaha (Virtual) Research Conference. During the interview Chris discussed his estimates of value and earnings power for Berkshire Hathaway. Here’s an excerpt from the interview: Bloomstran: We have another method which reconciles … Read More