This week’s best investing news: Michael Burry calls Tesla ‘ridiculously overvalued’ and knocks tech industry for a widely used practice (CNBC) Expansión Interview – Terry Smith: “There could be a stock market bubble more extreme than the one in 2000” (Fundsmith) Bridgewater Associates Founder Ray Dalio interview at the Oxford … Read More
Weekly Investing Roundup – News, Podcasts, Interviews (11/28/2025)
This week’s best investing news: Michael Burry’s next ‘Big Short’: An inside look at his analysis showing AI is a bubble (CNBC) Howard Marks: ‘People are shakily optimistic’ (FT) Oakmark’s Bill Nygren discusses his value picks (CNBC) Markel’s Tom Gayner on successes and mistakes in investing (Library of Mistakes) Terry Smith … Read More
Why Top Investors Are Buying Constellation Brands (STZ)
According to their latest 13F filings, institutional investors made a series of notable moves in Constellation Brands (STZ), one of the leading global producers of premium beer, wine, and spirits. STZ’s steady cash generation, strong brand portfolio, and resilient consumer demand continue to attract both long-term value investors and quantitative … Read More
Buffett Goes Big on Alphabet: Full Breakdown of Berkshire’s Q3 Buys
The latest 13F from Berkshire Hathaway shows a characteristically concentrated — but unusually active — quarter for Warren Buffett. While Berkshire trimmed several long-held positions earlier in 2025, this filing reveals where capital actually flowed in. Much of the activity reflects classic Buffett behavior: doubling down on durable franchises, opportunistic … Read More
Mohnish Pabrai: “Shut the Brain Off” When You Own A Great Business
In his interview at the 5th European Value Investing Conference, Mohnish Pabrai championed a powerful, yet underutilized, strategy for success: shamelessly borrowing other people’s best ideas. He argues that a natural human aversion to cloning creates a significant edge for those willing to adopt it. “What I found is that … Read More
Warren Buffett’s Farewell Letter: Passing the Torch to Greg Abel and Reflecting on 95 Years of Luck and Lessons
In his November 10, 2025 Press Release, Warren Buffett opened with characteristic modesty and humor, writing, “I will no longer be writing Berkshire’s annual report or talking endlessly at the annual meeting. As the British would say, I’m ‘going quiet.’ Sort of.” It marked the beginning of a generational handoff … Read More
Berkshire Hathaway Q3 2025: Buffett’s Cash Fortress and an $9.7 Billion Bet on Occidental Chemicals
Berkshire Hathaway entered the final stretch of 2025 with record liquidity, robust operating earnings, and its largest-ever move in the energy sector. The company reported that its “diverse group of businesses generated net operating cash flows of $34.8 billion” in the first nine months of the year, while “capital expenditures … Read More
Weekly Investing Roundup – News, Podcasts, Interviews (10/31/2025)
This week’s best investing news: Howard Marks Memo: A Look Under the Hood (OakTree) Cliff Asness on Factor Investing and the History of Financial Economics (Hoover) Ray Dalio: Market is showing signs of a bubble (CNBC) The Rise of Alternatives (Verdad) A Conversation With Ken Griffin (Citadel) Paul Tudor Jones: … Read More
What Howard Marks Learned from a Pension Fund’s Approach to Risk
In his Memo – A Look Under the Hood, Howard Marks reflects on the experience of sitting in with a state pension board and its consultant, describing it as “very informative for me,” and a reminder of how vital it is that investment decisions “are done explicitly and intelligently.” Marks … Read More
Howard Marks: Market Timing Is The Hardest Thing In The World And Don’t Try It
Howard Marks joined the Master Investor Podcast to reflect on markets, cycles, and the principles that have guided his fifty-six-year career. He began by quoting Warren Buffett: “The less prudence with which others conduct their affairs, the greater the prudence with which we must conduct our own affairs.” Marks warned … Read More
Book Review: The Snowball: Warren Buffett and the Business of Life
Alice Schroeder’s The Snowball is more than a biography of Warren Buffett—it is a sweeping portrait of a man whose financial genius has often overshadowed the complexity of his personal life. Drawing on years of unprecedented access to Buffett, his family, and his colleagues, Schroeder delivers a narrative that is … Read More
VALUE: After Hours (S07 E29): The “Salad Oil” Approach to Investing
During their recent episode, Taylor, Carlisle, and Jason Hirschman discussed The “Salad Oil” Approach to Investing. Here’s an excerpt from the episode: So, guys, I think your audience has probably deeper knowledge of Berkshire Hathaway than any other financial podcast in the developed world. [Jake laughs] So, I think I … Read More
Tom Russo on Why Indispensable Brands Win in Any Market
Tom Russo, Chairman of Gardner Russo & Quinn and steward of the Semper Vic Partners funds since 1983, has built his reputation on a singular principle: own a few exceptionally well-managed, globally recognized brand-name firms and hold them for decades. In a recent interview with WealthTrack he explained how that … Read More
Occidental Petroleum Corporation (OXY): Our Calculation of Intrinsic Value
As part of our ongoing series, each week we typically conduct a DCF on one of the companies in our screens. This week, we’re analyzing a U.S.-based energy giant that’s been in the spotlight for its strategic investments and Buffett-backed appeal — Occidental Petroleum Corporation (OXY). Profile Occidental Petroleum Corporation … Read More
Warren Buffett’s Philanthropic Legacy and the Power of Strategic Giving
Warren Buffett’s recent announcement of donating over 12 million Berkshire Hathaway B shares to five foundations is yet another testament to his unwavering commitment to philanthropy. This $60 billion contribution, distributed to the Bill & Melinda Gates Foundation Trust, the Susan Thompson Buffett Foundation, and three others, underscores a lifetime … Read More
VALUE: After Hours (S07 E21): Buffett’s Cognitive Altitude and the Value of Going Deep
During their recent episode, Taylor, Carlisle, and Chris Waller discussed Buffett’s Cognitive Altitude and the Value of Going Deep. Here’s an excerpt from the episode: Jake: Yes. All right. So, imagine you’re looking at Earth from space and from that vantage, it’s all these majestic swirls of blue and green … Read More
Superinvestor Moves: Berkshire Hathaway – Class B (BRK.B) – Tracking Top Investor Activity Last Quarter
Data from our SuperinvestorHub platform reveals that one of the most widely held stocks last quarter was Berkshire Hathaway Inc. Class B (BRK.B). Our coverage includes 55 top investors, including Warren Buffett, Howard Marks, Joel Greenblatt, and Guy Spier. As part of our ongoing series, we’re breaking down quarterly activity … Read More
Weekly Investing Roundup – News, Podcasts, Interviews (06/06/2025)
This week’s best investing news: Einhorn on How Value Investing Has Changed (Rubenstein) Billionaire Bill Ackman’s Key to Long Term Investment Success (Forbes) Terry Smith Interview with Bentleigh Reid (BR) Ray Dalio on AI: ‘The days of people making decisions in their own heads are ending’ (Fortune) Mohnish Pabrai’s Interview … Read More
Buffett’s 2007 Letter: Market Folly, Lending Risks, and Long-Term Growth
One of my favorite Berkshire Hathaway Letters is the 2007 Letter which included some great lessons for investors. Let’s take a look at some of the key takeaways. “Our gain in net worth during 2007 was $12.3 billion, which increased the per-share book value of both our Class A and … Read More
Terry Smith: No One Will Be Able to Replicate Buffett’s Performance Record
In a recent Financial Times article, Terry Smith reflects on Warren Buffett’s retirement with a Shakespearean nod: “I shall not look upon his like again,” he writes, invoking Hamlet. “Since Warren Buffett announced his retirement from Berkshire Hathaway this month, financial commentators have been asking themselves the same question: can … Read More