New Article: Greg Abel’s 2026 Letter to Shareholders
“We concentrate on quality, not frequency. If a significant issue arises, you will hear from me, but it will not be through quarterly commentary, given our long-term horizon.” -- Greg Abel
rationalwalk.com/greg-abels-…
Greg Abel’s Unique Challenge
Greg Abel takes over as Chief Executive Officer of Berkshire Hathaway on January 1, 2026, a job that will involve at least three major challenges.
rationalwalk.com/greg-abels-…
New Article: Warren Buffett’s Thanksgiving Letter
Warren Buffett's Thanksgiving Letter sheds more light on why he decided to retire as CEO of Berkshire Hathaway.
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Warren Buffett is 95 years old today. Half of his tenure leading Berkshire Hathaway has been as a senior citizen long past normal “retirement age” — and he plans to stay active as Chairman!
Happy Birthday, Warren!
New Article: Daily Journal Accused of Incorrect Accounting
The company has been accused of incorrectly accounting for software development costs by an activist investor seeking board seats and a consulting contract. $DJCOrationalwalk.com/daily-journ…
New Post: What I’ve Been Reading
This post is a list of books that I read in the second quarter of 2025, including The Snowball, The Haywire Heart, Plato's Republic, and the King James Bible
rationalwalk.com/what-ive-be…
New Article: Greg Abel Steps into the Spotlight
Greg Abel will step into the spotlight at the 2026 Berkshire Hathaway annual meeting with Warren Buffett sitting in the audience.
rationalwalk.com/greg-abel-s…
New Article: Warren Buffett’s Final Brushstrokes
Warren Buffett is retiring as CEO of Berkshire Hathaway but he may still make a few final brushstrokes on his canvas as Chairman.
rationalwalk.com/warren-buff…
New Article: Berkshire Hathaway’s Diamond Anniversary
Warren Buffett took control of Berkshire Hathaway sixty years ago. It is possible that major announcements will be made at the annual meeting.
rationalwalk.com/berkshire-h…
New Article: Writing in Private
Writing is an important tool for personal development even if you never intend to share your work with others.
rationalwalk.com/writing-in-…
New article: Warren Buffett’s Thoughts on Trade in 2003
In 2003, Warren Buffett wrote an article with a proposal to address the trade deficit. It deserves more attention in the current tariff debate.
rationalwalk.com/warren-buff…
New Article: What I’ve Been Reading
This post is a list of books that I read in the first quarter of 2025, including The Lessons of History, American Journey, the works of Aristophanes, Plato, Xenophon, and more.
rationalwalk.com/what-ive-be…
New Article: Berkshire Hathaway’s 2025 Proxy Statement
Berkshire has introduced a retirement age of eighty for most directors, a surprising development given Warren Buffett's prior statements.
rationalwalk.com/berkshire-h…
New Article: Buffett & Munger Unscripted
A new book by Alex Morris distills key insights and wisdom from three decades of Berkshire Hathaway annual meetings.
rationalwalk.com/buffett-mun…
New Article: Warren Buffett on Berkshire’s Valuation
Warren Buffett has typically avoided commenting on Berkshire's stock price, but he has provided some clues that are worth considering.
rationalwalk.com/warren-buff…
New Article: Berkshire Hathaway’s 2024 Annual Report
My thoughts on Berkshire Hathaway's 2024 annual report and Warren Buffett's letter to shareholders.
rationalwalk.com/berkshire-h…
New Article: Berkshire Hathaway’s Culture in 2050
By mid-century, changes in Berkshire Hathaway's voting control could make a breakup of the conglomerate likely.
rationalwalk.com/berkshire-h…
New Article: Staying the Course
It is much easier for "know nothing" investors to stick with dollar cost averaging into an index fund (and why I have been able to hold Berkshire for 25 years when I probably would have failed to hold an index fund).
rationalwalk.com/staying-the…