We Study Billionaires - The Investors Podcast

Stig has invited legend investor Chris Bloomstran from Semper Augustus to teach us how to value Berkshire Hathaway on today's show. Semper Augustus has an outstanding track record with a compounded annual growth rate of 11.4% on equities since its fund's inception on 2/28/1999, compared to 8.2% for the S&P 500. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:45 - The importance of being trusted for Warren Buffett and Chris Bloomstran 18:20 - Why you may want to own a 10-year treasury over the S&P 500 over the next decade  20:28 - How to estimate whether you’re in a secular peak 27:43 - How active Berkshire should be on the boards of portfolio companies 36:03 - How to take a deep dive into Berkshire Hathaway’s culture and business model 43:53 - What the intrinsic value of Berkshire Hathaway is, and what type of return you can get moving forward Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group o