The Berkshire Archive

1966

Berkshire Hathaway · Year by year

1966

Annual percentage change
Measure 1966
Per-share book value of Berkshire 20.3
Market value of Berkshire (3.4)
S&P 500 with dividends included (11.7)
Where 1966’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash2.1
  • Common stocks18.5
  • Other net assets79.4

Funded by

  • Net worth100.0
What the company was made of — percent of net worth. Every dollar of net worth carried $1.00 of assets.

Note: figures in parentheses are losses. Source: Berkshire Hathaway annual reports.

The 1966 letter

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