The Complete Financial History of Berkshire Hathaway, Second Edition: A Chronological Analysis of Warren Buffett and Charlie Munger's Conglomerate Mas - Hardcover

by Adam J. Mead (Author)

An authoritative company history of Berkshire Hathaway, fully updated to cover the last five years.

Beginning with Berkshire's origins as a struggling textile company, The Complete Financial History of Berkshire Hathaway examines the development of the modern-day conglomerate year-by-year and decade-by-decade, as it transforms into what it is today.

This comprehensive analysis distils over 10,000 pages of research material, including Warren Buffett's Chairman's letters, Berkshire Hathaway annual reports and SEC filings, annual meeting transcripts, subsidiary financials, and more. The analysis of each year is supplemented with Buffett's own commentary, and examines all important acquisitions, investments, and other capital allocation decisions. The appendices contain balance sheets, income statements, statements of cash flows, and key ratios dating back to the 1930s, materials brought together for the first time.

Combining incredible access with insightful analysis from CEO and author Adam J. Mead, this book allows readers to follow the logic, reasoning, and capital allocation decisions made by Warren Buffett and Charlie Munger from the very beginning. Existing Berkshire shareholders and long-time observers will find new information and refreshing analysis, in this masterful reference guide to the decades of financial moves that built the modern-day Berkshire Hathaway.

"A must-read that belongs on the bookshelf of any serious investor" --Guy Spier, Founder of Aquamarine Capital and author of The Education of a Value Investor

Author Biography

Adam J. Mead is the CEO and Chief Investment Officer of Mead Capital Management, LLC, a boutique investment management firm. Adam has been investing in public securities markets since 2004. He owned two small businesses (non-financial) during college, and grew up in a family of small business owners. Adam is also the Founder of Watchlist Investing, a value investing newsletter on Substack and the author of The Complete Financial History of Berkshire Hathaway.

Adam holds a degree in Business Studies with a Minor in Economics from Southern New Hampshire University, from which he graduated Summa Cum Laude in 2008, and later obtained Master of Business Administration in 2013 from the same university, Summa Cum Laude.