RoyalScribe

Boards Post

RoyalScribe posted to the Markel Corporation board. 7:39 AM

Let's Talk About VIEs

Reading through the 10-Q for the 2Q, I noticed something new in the Notes to Financial Statements. VIEs, or Variable Interest Entities, are required to be disclosed in the financial statements. Markel discloses a VIE called Markel CATCo Investment [more]

Boards Post

RoyalScribe posted to the Berkshire Hathaway board. 9:31 PM

# of WFC Shares Held, Discrepancy

While going through the annual report and the 13F, I've noticed a discrepancy in the reported number of shares held in WFC. According to the 13F, Berkshire and its subsidiaries hold 479,704,270 shares of WFC. According to the annual letter to [more]