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Introduction 1
Part 1 Value Investing 3 Part 2 Valuation and Intrinsic Value 71 Part 3 Capital Allocation 97 Part 4 Management and Board of Directors 117 Part 5 Berkshire Hathaway 161 Part 6 The Insurance Business 227 Part 7 Accounting 263 Part 8 Circle of Competence 279 Part 9 Mr. Market 307 Part 10 Economics and Investing 321 Part 11 See's Candies, Coca-Cola, and Consumer Brands 359 Part 12 GEICO and U.S. Auto Insurance 385 Part 13 Other Topics 405 Appendix: The Right Way To Run An Insurance Company 467 |
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