PSDFinancier

You should also look up Way's track record at HCC. From 1993 (when HCC went public) until 2005, when Way resigned, HCC grew book value per share at ~21% per year. Outstanding long-term track record as an insurance executive.

Not to purposely drudge up an old thread, but does anyone happen to have copies of other letters from Mecham besides the October 2012 letter? Would be really interested in reading both more recent and older letters.

Any update on timing?

Does Citi still do that? Has anyone found that compilation?

Thanks Oddball, that New Zealand book is a great find. Folks, are there others? Also, trying to remember, what resource did Buffett use to go through Korean stocks?

Hi everyone, I've been trying to figure out what are the Value Line equivalent type publications by country, and was looking for some help. I know about the Japan Company Handbook for Japan, but what about for other developed countries (e.g., Canada, UK, France, Germany, etc.)? Would love to make a list here so that all of us have a resource. Thanks guys! Best, PSD Financier

I just purchased the 2000 version and am eagerly awaiting it in the mail. Any sense how many of the companies from the 2000 version are still traded? Additionally, anyone know where I could find a 2002-2003 or a 2006 version?

This makes sense, but at the same time, Schroeder says that Buffett literally quantifies the option value, and that he assumes no strike price and no expiration date. If we assume a certain CAGR we believe we can achieve over a lifetime (say 10%), is there a way to use binomial option pricing or Black Scholes to actually quantify the option price relative to the opportunity cost? Or am I thinking too much about this and it really is a simple comparison between the opportunity cost now and what I believe I can generate over time?