The Berkshire Archive

1994

Index Book About

Berkshire Hathaway · Year by year

1994

Annual percentage change
Measure 1994
Per-share book value of Berkshire 13.9
Market value of Berkshire 25.0
S&P 500 with dividends included 1.3
Where 1994’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash2.3
  • Fixed income15.1
  • Common stocks126.2
  • Financial products1.3
  • Other net assets17.0

Funded by

  • Net worth100.0
  • Debt6.7
  • Insurance float28.4
  • Deferred tax float26.8
What the company was made of — percent of net worth. Every dollar of net worth carried $1.62 of assets.

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

The 1994 letter The 1994 meeting

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