Stig has invited legendary investor Chris Bloomstran from Semper Augustus to teach us how to value Berkshire Hathaway on today’s show. What you'll learn here: 00:00:00 - Intro 00:03:06 - What the intrinsic value of Berkshire Hathaway is, and what type of return you can get going forward 00:20:05 - Chris’s opinion on Greg Abel’s first letter to shareholders 00:33:24 - How should Berkshire management be compensated? 00:58:08 - How to think about valuing OpenAI 01:05:17 - Why S&P 500 share buybacks don’t benefit investors 01:15:27 - Thinking about investing risk from sudden loss vs. the slow decline of an asset manager 01:21:40 - Why Buffett reads Chris’s annual letter Transcript & Guest Info: https://www.theinvestorspodcast.com/episodes/berkshire-hathaway-2026-valuation-w-chris-bloomstran/ 🤝 Network with like-minded value investors and get new stock ideas by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 💎 Explore a new business weekly and decide if it deserves a spot in your portfolio. https://www.theinvestorspodcast.com/intrinsic-value-podcast/ ▶️ Related Episodes: - Berkshire Hathaway 2025 w/ Chris Bloomstran: https://youtu.be/M6sHolE_jsY - How to Value Berkshire Hathaway 2024 w/ Chris Bloomstran: https://youtu.be/Xd2rtzBVmx8 - What Is The REAL Intrinsic Value Of Berkshire Hathaway? w/ Chris Bloomstran: https://youtu.be/7jaFSJFYov8 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/we-study-billionaires/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor's Podcast Network. Written permission must be granted before syndication or rebroadcasting. #BerkshireHathaway #ValueInvesting #WarrenBuffett #StockValuation #InvestingStrategy