
His eagerly awaited missives contain thoughts on investing and updates on Berkshire businesses, delivered in an engaging, often humorous style. Buffett’s - his annual letter to Berkshire shareholders. Humphrey plan to be deeply involved with the companies they buy. For instance, she has discarded her mentor’s belief that it’s enough to spot companies with good managers and let them run the show with minimal interference. government bonds compare, has preceded every U.S. A Recession Alarm: An inversion of the bond market’s yield curve, a way of showing how interest rates on various U.S.Being prepared can minimize hardship and even offer investing opportunities, our columnist says. Advice for Investors: Bear markets and recessions are far more common than many people realize.A Bright Spot: As financial markets around the world fell this spring amid worries about inflation and rising interest rates, energy was the only sector gaining ground.Grim Outlook: Investors had an awful start to the year as stocks twice entered bear market territory, and further losses may be on the way.And it remains difficult to predict what is in store for the future. Buffett had invested.Ī Guide for Investors The decline of the stock and bond markets this year has been painful. Britt Cool won’t divulge how much capital the firm has to invest, but the pool contains funds from her, Mr. Buffett in the 1980s, when Berkshire was far smaller, but wouldn’t interest the $600 billion colossus it is today. Humphrey said roughly 30,000 businesses in the United States - many of them owned by their founders or families - had annual operating profits between $10 million and $50 million. The universe of potential acquisition targets, though, is large. Britt Cool said was the right pace for the firm. Kanbrick has done only two deals so far, which Ms. The vibe felt very much like what it was: a start-up. The firm employs seven people, but three were working remotely that day. Britt Cool said in an interview at the offices of Kanbrick in Bucktown, a trendy Chicago neighborhood dotted with boutique hotels and hip cafes serving $6 oat lattes. “I don’t ever want Warren to feel we’re trying to ride on Warren’s coattails,” Ms. Its name is a portmanteau of “Kansas,” where both founders are from, and “brick,” a nod to their notion that great businesses are built brick by brick.

Britt Cool founded Kanbrick in 2020 with Brian Humphrey, a former executive at one of Berkshire’s companies.
