Book value

Why Warren Buffett uses book value to measure his performance

When most companies evaluate their performance, they use metrics like net income or sales — numbers you’ll find on a company’s income statement. But when Warren Buffett measures his performance at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B)it does it differently, looking at the balance sheet to find the change in book value per share as a […]