The Berkshire Archive

2002

Index Book About

Berkshire Hathaway · Year by year

2002

Annual percentage change
Measure 2002
Per-share book value of Berkshire 10.0
Market value of Berkshire (3.8)
S&P 500 with dividends included (22.1)
Where 2002’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash15.7
  • Fixed income64.4
  • Common stocks43.8
  • Financial products7.4
  • Utility, energy, rail5.6
  • Other net assets45.8

Funded by

  • Net worth100.0
  • Debt7.3
  • Insurance float63.0
  • Deferred tax float12.3
What the company was made of — percent of net worth. Every dollar of net worth carried $1.83 of assets.

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

The 2002 letter The 2002 meeting

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