Bolstered by a large investment portfolio, Charlie Munger is determined to complete the transformation of a small newspaper publisher into a significant…
A collection of PDF and Excel downloads for all write-ups

December 2022

This profile examines the third largest private passenger auto insurer in the United States with a focus on its rivalry with Berkshire Hathaway's GEICO…
1

November 2022

This profile examines a leading industrial distributor with a multi-decade record of strong performance.

October 2022

In this profile, we examine Costco's impressive track record and consider whether future growth prospects are likely to justify today's lofty valuation.
4

September 2022

Operating efficiency gains and aggressive repurchases have delivered attractive returns to shareholders over the past decade. Will these trends…
1
A small manufacturer is massively overcapitalized but controlled by the founder's family. Minority shareholders can go along for the ride but may never…
4

August 2022

A review of Berkshire Hathaway's twelve years of ownership
1
CarMax shook up automotive retailing in the 1990s. Will the company face disruption by online competitors in the 2020s?
2

July 2022

Remote work appears to be here to stay. Many affluent Americans are migrating from crowded metropolitan areas to exurbs and rural areas boosting the…

June 2022

A strong regional competitor with a fifty-year history
1
Serving the subprime used car market