Explore the fascinating world of finance and investment with the latest episode of our podcast, featuring a deep dive into Berkshire Hathaway's 1990 performance. Discover how even in challenging market conditions, Berkshire's net worth saw a significant increase, thanks to a late surge in stock prices. Gain insights into the nuanced world of stock investments, with a particular focus on Berkshire's major holdings in companies like Capital Cities/ABC, Coca-Cola, GEICO, and Washington Post. Learn how intrinsic value, market perceptions, and industry developments play a crucial role in shaping investment outcomes. Join us as we unravel the complexities behind these financial maneuvers and what they mean for the future of Berkshire Hathaway and its shareholders.