0001193125-17-043891.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

0001193125-17-043891.Pdf SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2 (Amendment No. ) LIBERTY MEDIA CORPORATION (Name of Issuer) SERIES A SIRIUSXM COMMON STOCK (Title of Class of Securities) 531229409 (CUSIP Number) December 31, 2016 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☐ Rule 13d-1 (b) ☒ Rule 13d-1 (c) ☐ Rule 13d-1 (d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.) 13G CUSIP No. 531229409 Page 2 of 21 Pages 1 NAME OF REPORTING PERSON Warren E. Buffett 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States Citizen 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 10,058,800 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 10,058,800 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,058,800 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not Applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.8% 12 TYPE OF REPORTING PERSON IN 13G CUSIP No. 531229409 Page 3 of 21 Pages 1 NAME OF REPORTING PERSON Berkshire Hathaway Inc. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 10,058,800 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 10,058,800 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,058,800 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.8% 12 TYPE OF REPORTING PERSON HC, CO 13G CUSIP No. 531229409 Page 4 of 21 Pages 1 NAME OF REPORTING PERSON National Indemnity Company 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Nebraska 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 7,160,409 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 7,160,409 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,160,409 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.0% 12 TYPE OF REPORTING PERSON IC, CO 13G CUSIP No. 531229409 Page 5 of 21 Pages 1 NAME OF REPORTING PERSON National Fire & Marine Insurance Company 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Nebraska 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 933,391 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 933,391 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 933,391 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.9% 12 TYPE OF REPORTING PERSON IC, CO 13G CUSIP No. 531229409 Page 6 of 21 Pages 1 NAME OF REPORTING PERSON GEICO Corporation 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 7,039,780 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 7,039,780 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,039,780 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.9% 12 TYPE OF REPORTING PERSON HC, CO 13G CUSIP No. 531229409 Page 7 of 21 Pages 1 NAME OF REPORTING PERSON Government Employees Insurance Company 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Maryland 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 5,242,855 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 5,242,855 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,242,855 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.1% 12 TYPE OF REPORTING PERSON IC, CO 13G CUSIP No. 531229409 Page 8 of 21 Pages 1 NAME OF REPORTING PERSON GEICO Indemnity Company 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Maryland 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 1,796,925 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 1,796,925 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,796,925 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.8% 12 TYPE OF REPORTING PERSON IC, CO 13G CUSIP No. 531229409 Page 9 of 21 Pages 1 NAME OF REPORTING PERSON FlightSafety International Inc. Retirement Income Plan 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of New York 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 200,000 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 200,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.2% 12 TYPE OF REPORTING PERSON EP 13G CUSIP No. 531229409 Page 10 of 21 Pages 1 NAME OF REPORTING PERSON Fruit of the Loom Pension Trust 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 325,000 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 325,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 325,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.3% 12 TYPE OF REPORTING PERSON EP 13G CUSIP No. 531229409 Page 11 of 21 Pages 1 NAME OF REPORTING PERSON GEICO Corporation Pension Plan Trust 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Maryland 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 500,000 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 500,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 500,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not Applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.5% 12 TYPE OF REPORTING PERSON EP 13G CUSIP No. 531229409 Page 12 of 21 Pages 1 NAME OF REPORTING PERSON Johns Manville Corporation Pension Trust 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Colorado 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 410,000 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 410,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 410,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not Applicable. 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.4% 12 TYPE OF REPORTING PERSON EP 13G CUSIP No. 531229409 Page 13 of 21 Pages 1 NAME OF REPORTING PERSON BNSF Master Retirement Trust 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Texas 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 280,000 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 280,000 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 280,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not Applicable.
Recommended publications
  • 0001193125-17-134664.Pdf
    SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2 (Amendment No. 1) LIBERTY MEDIA CORPORATION (Name of Issuer) SERIES A SIRIUSXM COMMON STOCK (Title of Class of Securities) 531229409 (CUSIP Number) April 19, 2017 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☐ Rule 13d-1 (b) ☒ Rule 13d-1 (c) ☐ Rule 13d-1 (d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.) 1 NAME OF REPORTING PERSON Warren E. Buffett 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States Citizen 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 10,683,800 EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 10,683,800 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,683,800 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not Applicable.
    [Show full text]
  • Acme Brick Company: 125 Years Across Three Centuries Is One of His Latest
    ACME BRICK COMPANY 125 YEARS ACROSS THREE CENTURIES ACME BRICK COMPANY ACME BRICK COMPANY 125 YEARS ACROSS THREE CENTURIES by Bill Beck Copyright © 2016 by the Acme Brick Company 3024 Acme Brick Plaza Fort Worth, TX 76109 All rights reserved, including the right to reproduce this work in any form whatsoever without permission in writing from the publisher, except for brief passages in connection with a review. For information, please write: The Donning Company Publishers 184 Business Park Drive, Suite 206 Virginia Beach, VA 23462 Lex Cavanah, General Manager Nathan Stufflebean, Production Supervisor Richard A. Horwege, Senior Editor Chad Harper Casey, Graphic Designer Monika Ebertz, Imaging Artist Kathy Snowden Railey, Project Research Coordinator Katie Gardner, Marketing and Production Coordinator James H. Railey, Project Director Library of Congress Cataloging-in-Publication Data Names: Beck, Bill, author. Title: Acme Brick Company : 125 years across three centuries / by Bill Beck. Description: Virginia Beach, VA : The Donning Company Publishers, [2016] | Includes index. Identifiers: LCCN 2016017757 | ISBN 9781681840390 (hard cover : alkaline paper) Subjects: LCSH: Acme Brick Company—History. | Acme Brick Company—Anniversaries, etc. | Brick trade—Texas—Fort Worth—History. | Brickworks—Texas—Fort Worth—History. | Acme Brick Company—Biography. | Fort Worth (Tex.)—Economic conditions. Classification: LCC HD9605.U64 A363 2016 | DDC 338.7/624183609764—dc23 LC record available at https://lccn.loc.gov/2016017757 Printed in the United States
    [Show full text]
  • An Investment Lesson from Warren Buffett
    The VIEW from BURGUNDY APRIL 2012 “Predicting Rain Doesn’t Count, Building Arks Does” AN INVESTMENT LESSON FROM WARREN BUFFETT PEOPLE OFTEN APPROACH INVESTMENTS without fi rst approach to portfolio construction. First, that only understanding what they are trying to achieve. ownership could generate the returns he desired, and Many end up with poor long-term returns and second, that losses would erode compounding’s even more confused than when they started. “magic.” Buffett would go on to apply these insights Warren Buffett, on the other hand, has accumulated a enthusiastically and with extraordinary success for $44 billion fortune in one lifetime of investing, starting many decades. from scratch, and has never been confused about how The Power of Ownership he earned it.i In this View from Burgundy, we will uncover how Buffett frames his investment approach. The Oracle of Omaha’s fi rst epiphany was about the The investment lesson learned, properly applied, power of ownership and it came at a young age. As a is sure to help us generate improved long-term results. teenager, Buffett purchased some farmland and split the annual crop income with the tenant farmer. After A Defi ned Goal and Timeline fi ve years, when the land was sold and Buffett doubled How did the Sage of Omaha create a huge fortune his original investment, he learned that although the from scratch? First, he knew what he was trying to owner risks the initial capital, only the owner benefi ts achieve. From a young age, Buffett’s goal was to from any capital gains.
    [Show full text]
  • Lna 2006 Profiles J.Qxp
    1 | Advertising Age | June 26, 2006 SpecialSpecial ReportReport:100 Profiles LEADING NATIONAL ADVERTISERSSupplement SUPPLEMENT June 26, 2006 100 LEADING NATIONAL ADVERTISERS Profiles of the top 100 U.S. marketers in this 51st annual ranking INSIDE TOP 100 RANKING COMPANY PROFILES SPONSORED BY The nation’s leading marketers Lead marketing personnel, ranked by U.S. advertising brands, agencies, agency expenditures for 2005. contacts, as well as advertising Includes data from TNS Media spending by media and brand, Intelligence and Ad Age’s sales, earnings and more for proprietary estimates of the country’s 100 largest unmeasured spending. PAGE 8 advertisers PAGE 10 This document, and information contained therein, is the copyrighted property of Crain Communications Inc. and The Ad Age Group (© Copyright 2006) and is for your personal, non-commercial use only. You may not reproduce, display on a website, distribute, sell or republish this document, or information contained therein, without prior written consent of The Ad Age Group. Are proud to connect you with the leading CMOs See all the interviews at adage.com/point LAUNCHING JUNE 28 © 2006 Crain Communications Inc. www.adage.com 3 | Advertising Age | June 26, 2006 Special Report 100 LEADING NATIONAL ADVERTISERS SUPPLEMENT ABOUT THIS PROFILE EDITION THE 51ST ANNUAL 100 Leading National the Top 100 ($40.13 billion) and for all measured spending in 18 national media, Advertisers Report crowned acquisition- advertisers ($122.79 billion) in the U.S. Yellow Pages Association contributed ladened Procter & Gamble Co. as the top U.S. ad spending by ad category: This spending in Yellow Pages and TNS Marx leader, passing previous kingpen General chart (Page 6) breaks out 18 measured Promotion Intelligence provided free- Motors Corp.
    [Show full text]
  • 2000 Chairman's Letter PDF Version
    Note: The following table appears in the printed Annual Report on the facing page of the Chairman's Letter and is referred to in that letter. Berkshire’s Corporate Performance vs. the S&P 500 Annual Percentage Change in Per-Share in S&P 500 Book Value of with Dividends Relative Berkshire Included Results Year (1) (2) (1)-(2) 1965 ............................................... 23.8 10.0 13.8 1966 ............................................... 20.3 (11.7) 32.0 1967 ............................................... 11.0 30.9 (19.9) 1968 ............................................... 19.0 11.0 8.0 1969 ............................................... 16.2 (8.4) 24.6 1970 ............................................... 12.0 3.9 8.1 1971 ............................................... 16.4 14.6 1.8 1972 ............................................... 21.7 18.9 2.8 1973 ............................................... 4.7 (14.8) 19.5 1974 ............................................... 5.5 (26.4) 31.9 1975 ............................................... 21.9 37.2 (15.3) 1976 ............................................... 59.3 23.6 35.7 1977 ............................................... 31.9 (7.4) 39.3 1978 ............................................... 24.0 6.4 17.6 1979 ............................................... 35.7 18.2 17.5 1980 ............................................... 19.3 32.3 (13.0) 1981 ............................................... 31.4 (5.0) 36.4 1982 ............................................... 40.0 21.4 18.6 1983
    [Show full text]
  • Kraft Heinz Merger
    Kraft Heinz Merger Mohd Sakib Agenda n Overview of Merger Companies n Deal Terms and Merger Structure n Synergies and Risks n Effects on Investors – 3G Capital and Berkshire Hathaway n Future of Kraft Heinz 4/22/15 Wall Street Club 2 Overview of Kraft n Kraft Foods Group, Inc. is a consumer packaged food and beverage company founded in 1903 – Operates in six segments; portfolio of >70 major brands – Primarily serves supermarket chains, club stores, retail food outlets, etc n Kraft split into Kraft Foods, focusing on grocery products in North America, and Mondelez International Inc., focused on snacks – Stable financial performance – $18 Billion in annual sales – 9 brands with more than $500 Million in annual sales 4/22/15 Wall Street Club 3 Overview of Heinz n H.J. Heinz Company is a global food player that was established in 1869 – Three core categories: Ketchup and Sauces, Meals and Snacks, and Infant/Nutrition – Products have #1 or #2 market share in 50+ countries n Acquired by Warren Buffett and 3G Capital for $28 Billion in 2013 – Appealing due to strong, durable brands and global presence – Strong international presence with emerging market sales consisting of 25% of total revenue 4/22/15 Wall Street Club 4 Deal Terms and Merger Structure n Stock for stock merger possibly valued at $46.6 Billion and orchestrated by Berkshire Hathaway and 3G Capital – Heinz will control 51% whereas Kraft will own remaining 49% n $10 Billion special cash dividend to be paid out by 3G and Berkshire – Kraft shareholders will receive $16.50 a share, representing
    [Show full text]
  • Berkshire's Corporate Performance Vs. the S&P 500 2
    Berkshire’s Corporate Performance vs. the S&P 500 Annual Percentage Change in Per-Share in S&P 500 Book Value of with Dividends Relative Berkshire Included Results Year (1) (2) (1)-(2) 1965 ................................................... 23.8 10.0 13.8 1966 ................................................... 20.3 (11.7) 32.0 1967 ................................................... 11.0 30.9 (19.9) 1968 ................................................... 19.0 11.0 8.0 1969 ................................................... 16.2 (8.4) 24.6 1970 ................................................... 12.0 3.9 8.1 1971 ................................................... 16.4 14.6 1.8 1972 ................................................... 21.7 18.9 2.8 1973 ................................................... 4.7 (14.8) 19.5 1974 ................................................... 5.5 (26.4) 31.9 1975 ................................................... 21.9 37.2 (15.3) 1976 ................................................... 59.3 23.6 35.7 1977 ................................................... 31.9 (7.4) 39.3 1978 ................................................... 24.0 6.4 17.6 1979 ................................................... 35.7 18.2 17.5 1980 ................................................... 19.3 32.3 (13.0) 1981 ................................................... 31.4 (5.0) 36.4 1982 ................................................... 40.0 21.4 18.6 1983 ................................................... 32.3 22.4 9.9 1984
    [Show full text]
  • Investment Manager ♦ Warren Buffett, Now Aged 90, Has Had a Celebrated Career As a Savvy Investor Who Buys and Holds Investments for Many Years
    Sector: Insurance Kathleen Shanley, CFA September 2 , 20 20 [email protected] Investment Manager ♦ Warren Buffett, now aged 90, has had a celebrated career as a savvy investor who buys and holds investments for many years. But since 2018, when there was an accounting change, Berkshire Hathaway’s (BRK) reported earnings have been volatile, because changes in the fair value of equity securities flow through investment and derivative gains and losses each quarter. During the first quarter ended March 31, 2020, the company reported a net loss of $49.7 billion, reflecting the Covid-related downturn in financial markets. Then, during the second quarter, there was a net gain of $26.2 billion. Second quarter results would have been even stronger, were it not for a $10.6 billion goodwill and intangible asset impairment charge. About $10 billion of the charge covered Precision Castparts Corp. (PCC), which BRK acquired for $37.2 billion in cash and assumed debt in 2016. PCC supplies parts for aircraft makers and the oil and gas industry. Given the sharp recession in these sectors, the company slashed its workforce by about one-third in the first half of 2020. While the write down suggests that BRK overpaid for PCC, the company can easily absorb the mistake, given its large stockpile of cash and diverse portfolio of businesses. We update our investment opinion for Berkshire Hathaway. ♦ While BRK’s investments attract more attention in the press, GEICO insurance has been a strong performer since the outbreak of the pandemic. Auto insurers are benefiting from the Covid- related decline in commuting and traveling.
    [Show full text]
  • UNITED CONTINENTAL HOLDINGS, INC. (Name of Issuer)
    SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2 (Amendment No. 1) UNITED CONTINENTAL HOLDINGS, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 910047109 (CUSIP Number) December 31, 2017 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1 (b) ☐ Rule 13d-1 (c) ☐ Rule 13d-1 (d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 910047109 13G Page 2 of 14 Pages 1 NAME OF REPORTING PERSON Warren E. Buffett 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☒ (b) ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States Citizen 5 SOLE VOTING POWER NONE NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY OWNED BY 28,211,563 shares of Common Stock EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH NONE 8 SHARED DISPOSITIVE POWER 28,211,563 shares of Common Stock 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,211,563 shares of Common Stock 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not Applicable.
    [Show full text]
  • List of Matching Gift Companies *Verify with Your HR Dept. 3M a a & B Foundation a K Steel Foundation A
    List of Matching Gift Companies *Verify with your HR Dept. 3M A A & B Foundation A K Steel Foundation A. E. Stanley Manufacturing A. O. Smith Foundation AARP Abbott Laboratories ABN AMRO Accenture Access Energy Corp. ACE INA Acuity Brands Acuson Corporation A-D Electronics, Inc. Adams, Harkness & Hill, Inc. Adaptec Foundation ADC Telecommunications Adelante Capital Management, LLC Adobe Systems Inc. ADP Advance Micro Devices Advancement Programs AES Corporation Aetna Inc. AG Communication Systems Corp. AIG Matching Grants Program Air Products and Chemicals Akzo Nobel Chemicals, Inc. Albany International Corp. Albermarble Corp. Albright & Wilson Americas, Inc. Alcan Aluminum Corporation Alco Standard Corp. Alcoa Foundation Alexander & Baldwin, Inc. Alexander Haas Martin Algonquin Gas Transmission Co. Allegheny Teledyne Allegro MicroSystems Inc. Allendale Mutual Insurance Co. Alliance Capital Management, LP Alliant Techsystems Allied-Signal, Inc. Allstate Corporation Altria Group Inc. Amazon Amerada Hess Corporation American Airlines American Brands, Inc. American Broadcast Co. American Express Co. American General Corporation American Home Products Corporation American International Group Inc. American International Group, Inc. American National Bank American National Can Co. American Security Insurance Group American Standard, Inc. American Stock Exchange American Stock Exchange, Inc. Amerigroup Corporation Ameriprise Financial Ameristar Casinos Ameritech Amfac, Inc. Amgen, Inc. Amica Insurance Amoco Foundation Inc. AMP Fdn. AmSouth BanCorp. Foundation AMSTED Industries, Inc. Anadarko Petroleum Corp. Analog Devices Anchor Capital Advisors Inc. Anchor/Russell Capital Advisors Inc. Andersen Consulting Andersons Inc. Anheuser- Busch Anthem, Inc AOL Time Warner Aon Corp. Aquarion Co. Archer Daniels Midland ARCO ARCO Foundation Arco Foundation, Inc. Ares Advanced Technology Argonaut Croup Inc. Ariel Capital Management, LLC Aristech Chemical Company Aristokraft Inc.
    [Show full text]
  • Berkshire Hathaway Annual Shareholders Meeting May 1, 2010
    Berkshire Hathaway Annual Shareholders Meeting May 1, 2010 Visitor’s Guide Picnic Table Of CDFnts ADA Information . 7 Restaurants Bookworm . 7 Central & West Omaha . 27 - 30 Borsheims Direct Express . 7 & 11 Downtown & Old Market . 26 & 27 Borsheims Shopping Day . 6 Steakhouses . 25 Dairy Queen Locations. 15 Seat Saving . .8 Exhibitor Listing . 13 - 15 Shareholder Discount Period . 3 F.A.Qs . 8 Shareholder Events/Addresses . 3 Gorat’s/Piccolo’s . 6 Shareholder Services . 4 Hotel Accommodations . 24 Shipping Service (Send You Packin’) . 8 Local Transportation . 11 Shuttle Service - Borsheims/Friday . 5 Lunch Tickets . 4 Shuttle Service/Saturday . 10, 11 Maps/Directions . 4 Store Hours . 3 Meeting Credentials . 4 Student Seating. .8 Microphone Manners . 9 Travel . 8 NetJets Tour . 6 Berkyville Picnic (NFM). 6 Omaha Points of Interest . 16 - 23 Weekend Events . 3 Q & A Period. .9 Friday . 5 Qwest Property Map . 12 Saturday . 5 & 6 Recording & Photography Restrictions. 7 Sunday . 6 Wendy Jane Bantam www.WendyBantam.com The Sidewalk “Chalk” Art displayed throughout the Qwest Center’s exhibit hall floor and on the 10th Street corridor in front of the Qwest Center, are original paintings by Wendy Jane Bantam. These pieces were inspired by our “Saturday In The Park” theme. Wendy is a local artist who was born in the Nebraska Sandhills and now works out of her home studio in Lincoln, Nebraska. Wendy exhibits her work internationally and lectures on creativity and critical thinking. She received her Masters of Fine Art from the University of Nebraska-Lincoln. Her research in painting and storytelling has taken her to Indonesia, England, and extensively throughout the United States.
    [Show full text]
  • Former Netjets Executive Joining Private Equity Firm by the ASSOCIATED PRESS - OCT
    Former NetJets Executive Joining Private Equity Firm By THE ASSOCIATED PRESS - OCT. 29, 2015. OMAHA, Neb. — The former Berkshire Hathaway executive who earned praise from Warren Buffett while leading NetJets for four years is joining a private equity firm that invests in hotels. Four months after Jordan Hansell resigned in the midst of NetJets' contract dispute with its pilots' union, he took a job as president of Rockbridge Holdings. While at NetJets, Hansell had appeared alongside Buffett in interviews to discuss the cost-cutting turnaround he led from 2011 until June. But near the end of tenure, Hansell became the focus of the union's ire over concessions the company sought in prolonged talks. "Ultimately, it became a little bit about me as a leader, and I thought it was probably best if I got out of the way to see if they could come to a conclusion in those arrangements," Hansell said about why he left NetJets. The company's 2,700 pilots reached a tentative contract agreement with NetJets earlier this month. The company sells partial ownership interests in a fleet of more than 700 business jets. During Hansell's time with NetJets, Buffett praised his efforts to cut costs after demand for private jets plummeted in the midst of the Great Recession. Buffett did not respond to questions this week. Hansell seemed to tire of the challenging economic conditions NetJets faced. Now at Rockbridge, Hansell will get more opportunity to use the dealmaking skills he learned before joining NetJets as a mergers and acquisitions lawyer. "When I arrived at NetJets along with others, it was in 2009 in very difficult circumstances," Hansell said.
    [Show full text]