Buffett Partnership, Ltd.
E17586
Buffett Partnership, Ltd. was Warren Buffett’s early investment partnership through which he built his reputation and track record as a value investor before taking control of Berkshire Hathaway.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
investment partnership
ⓘ
limited partnership ⓘ |
| associatedOrganization | Graham-Newman Corporation GENERATED ⓘ |
| associatedPerson |
Bill Ruane
GENERATED
ⓘ
Charlie Munger GENERATED ⓘ Edwin Davis GENERATED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dissolutionDate | 1969 GENERATED ⓘ |
| distributionToPartners |
cash
GENERATED
ⓘ
shares of Berkshire Hathaway Inc. ⓘ |
| feeStructure | 25% of profits above a 6% annual hurdle rate GENERATED ⓘ |
| founder | Warren Buffett GENERATED ⓘ |
| generalPartner | Warren Buffett GENERATED ⓘ |
| governanceStructure | general partner and limited partners GENERATED ⓘ |
| headquartersLocation | Omaha, Nebraska GENERATED ⓘ |
| historicalSignificance |
early demonstration of Buffett’s value investing approach
GENERATED
ⓘ
precursor to Warren Buffett’s control of Berkshire Hathaway GENERATED ⓘ |
| industry | investment management GENERATED ⓘ |
| influencedBy | Benjamin Graham’s investment philosophy GENERATED ⓘ |
| investmentPhilosophy |
concentrated positions
GENERATED
ⓘ
focus on intrinsic value GENERATED ⓘ margin of safety GENERATED ⓘ |
| investmentStyle | value investing GENERATED ⓘ |
| legalForm | limited partnership GENERATED ⓘ |
| managementFeePolicy | no fixed management fee GENERATED ⓘ |
| managingPartner | Warren Buffett GENERATED ⓘ |
| minimumReturnHurdle | 6% per year GENERATED ⓘ |
| notableDocument | Buffett Partnership letters to partners GENERATED ⓘ |
| notableInvestment |
American Express
GENERATED
ⓘ
Berkshire Hathaway Inc. GENERATED ⓘ Dempster Mill Manufacturing Company GENERATED ⓘ Sanborn Map Company GENERATED ⓘ |
| operatingPeriod |
1950s
GENERATED
ⓘ
1960s GENERATED ⓘ |
| performanceRelativeToMarket | significantly outperformed the Dow Jones Industrial Average GENERATED ⓘ |
| primaryClientBase |
family and friends of Warren Buffett
GENERATED
ⓘ
local Omaha investors ⓘ |
| primaryInvestmentFocus |
control situations
ⓘ
special situations ⓘ undervalued securities GENERATED ⓘ workouts ⓘ |
| reasonForLiquidation |
Warren Buffett’s decision to retire from managing outside money
ⓘ
Warren Buffett’s dissatisfaction with market conditions in the late 1960s GENERATED ⓘ |
| reputationBuiltFor | Warren Buffett GENERATED ⓘ |
| startDate | 1956 GENERATED ⓘ |
| successor | Berkshire Hathaway Inc. GENERATED ⓘ |
| trackRecordUsedFor | establishing Warren Buffett’s reputation as a value investor GENERATED ⓘ |
| typicalLeveragePolicy | little or no leverage GENERATED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.