Berkshire Hathaway

Berkshire Hathaway is the name of the holding company that Buffet and Munger use as their vehicle to acquire and hold business interests. Berkshire is a public company listed on the New York Stock Exchange (NYSE).

Omaha, Nebraska

Omaha, Nebraska is the hometown of Warren Buffett and home-office of Berkshire Hathaway. Buffett still lives in Omaha.

Efficient Market Theory

Efficient Market Theory (EMT) is the name of a financial theory whose premise is that a market efficiently allocates investment dollars between risk and return. For any degree of risk, the market will price assets to attract the appropriate available amount of investment dollars.

Double-barrel Acquisition

Double-barrel Acquisition is an investment style used by Buffett and Munger to acquire either 100% of a company or less than 100% in stock market purchases.

Intrinsic Value

Intrinsic Value is the name of a business value measure used by Buffett that is...