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 CAGR of 9.2% after fees (10.0% before fee) since his fund's inception on 2/28/1999 compared to 8.1% for the S&P500. 

There is no one in the space we respect as much as Chris Bloomstran when evaluating the intrinsic value of Berkshire Hathaway. 

IN THIS EPISODE, YOU'LL LEARN:

• 01:28 - How is the S&P500 currently values.


• 05:43 - Whether investors still dollar cost average into the S&P500.


• 17:53 - How much of the S&P500 return has come from the big five tech companies.


• 23:29 - What can and more importantly, can’t you read from the 13F filings.


• 32:51 - Was Berkshire Hathaway’s acquisition of Alleghany a good investment? 


• 44:11 - What stood out in Warren Buffett’s last letter.


• 49:02 - How will inflation impact Berkshire Hathaway? 


• 1:08:06 - How will the interest rate hikes in 2022 impact Berkshire Hathaway.


• 1:16:41 - What are Berkshire Hathaway’s normalized earnings? 


• 1:28:14 - What is the intrinsic value of Berkshire Hathaway?

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.


• Listen to Stig’s masterclass with Chris Bloomstran on equity valuations or watch the video.


• Read Chris Bloomstran’s website. 


• Read Chris Bloomstran’s letters to his clients.


• Buffett resource on CNBC.
  


• Chris Bloomstran's Twitter.
  


• Chris Bloomstran's LinkedIn.
  

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