The Berkshire Archive

1999

Index Book About

Berkshire Hathaway · Year by year

1999

Annual percentage change
Measure 1999
Per-share book value of Berkshire 0.5
Market value of Berkshire (19.9)
S&P 500 with dividends included 21.0
Where 1999’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash6.5
  • Fixed income55.3
  • Common stocks62.5
  • Financial products3.4
  • Other net assets35.4

Funded by

  • Net worth100.0
  • Debt4.2
  • Insurance float42.7
  • Deferred tax float16.2
What the company was made of — percent of net worth. Every dollar of net worth carried $1.63 of assets.

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

The 1999 letter The 1999 meeting

About the archive · An Explorist Production