Four days ago we documented that Berkshire has lagged the S&P 500 by 2.8 percentage points per year since 2010. This piece asks the structural question: why? The answer is hiding in plain sight on the balance sheet. Berkshire's assets-to-equity ratio fell from 2.27× in 2009 to 1.70× in 2025 — a quarter of the company's structural leverage has quietly disappeared.

A 22-year follow-up to our 2024 piece, with the lens stretched back to 1988. Berkshire has reverted to its long-term mean against the S&P 500; the S&P 500 has done no such thing. Shiller CAPE at 42, Buffett indicator at a record 233%, $397 billion in cash and a buyback button just barely twitched on.

With the S&P 500's P/E ratio above 30, market valuations are historically high, posing challenges for Berkshire Hathaway. As interest rate cuts loom, when and where will Buffett make his next big move?

Howie Buffett's will have a pivotal role in preserving Berkshire Hathaway's unique corporate culture, shaped by his father's legacy and essential for the company's future success.

Let us review Berkshire Hathaway's pivotal year in 2024, marked by record cash reserves, strategic portfolio shifts, and resilient stock performance.

Warren Buffett's decision to halt pledges to the Gates Foundation raises significant implications for Berkshire Hathaway.

We analyze Berkshire Hathaway's decision to sell all Snowflake shares. We delve into Snowflake's rise and fall, the rationale behind Berkshire's sale, and the lessons learned for investors.

We delve into strategic synergies, market opportunities, and the long-term value creation that could solidify Berkshire’s position in the logistics sector, leveraging FedEx's global network and technological advancements.

An unprecedented glitch briefly de-valued Berkshire Hathaway shares significantly. Find its causes, effects, and historical parallels, crucial for shareholders.

Explore the potential emerging market country Berkshire Hathaway might invest in next, using historical, political, and economic insights.