The Berkshire Archive

1969

Index Book About

Berkshire Hathaway · Year by year

1969

Annual percentage change
Measure 1969
Per-share book value of Berkshire 16.2
Market value of Berkshire 19.4
S&P 500 with dividends included (8.4)
Where 1969’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash5.8
  • Fixed income73.7
  • Common stocks20.6
  • Financial products43.3
  • Other net assets42.9

Funded by

  • Net worth100.0
  • Debt16.7
  • Insurance float66.4
  • Deferred tax float3.3
What the company was made of — percent of net worth. Every dollar of net worth carried $1.86 of assets.

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

The 1969 letter

About the archive · An Explorist Production