Why Berkshire Hathaway Can Buy Companies for Less Than Fair Market Value
Imagine you are an entrepreneur. You started a company decades ago with a few thousand dollars, and now that company has grown into a large business that makes tens of millions of dollars per year...
Last week, I talked to a guy who owns several truck stops, a diesel fuel wholesaling company, and a portfolio of industrial real estate. He told me that he could buy truck parking lots and rent them...
A search fund is essentially a mini SPAC (special purpose acquisition company). A fresh MBA grad (or anyone else with a rudimentary grasp of business) raises about $400-600k ($500k is typical)...
How much money should a search fund raise in 2023 for a traditional 2-year search? And how should that money be budgeted? In this article, I report the answers to those questions from over 20...