The Berkshire Archive

1968

Index Book About

Berkshire Hathaway · Year by year

1968

Annual percentage change
Measure 1968
Per-share book value of Berkshire 19.0
Market value of Berkshire 77.8
S&P 500 with dividends included 11.0
Where 1968’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash5.2
  • Fixed income55.1
  • Common stocks70.1
  • Other net assets47.3

Funded by

  • Net worth100.0
  • Debt6.3
  • Insurance float58.3
  • Deferred tax float13.1
What the company was made of — percent of net worth. Every dollar of net worth carried $1.78 of assets.

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

The 1968 letter

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