Investor: Guy Spier
Number of Assets: 7
Reporting Period: Q4 - 2025
Holdings at Report: $147,543,000
Return Since Report: -$12,036,489
Return Since Report: -8.16%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| American Express Company (AXP) | Equity | -69.05% | 65,000 | 16.30% | $369.95 | $302.24 | $24,047,000 | $19,645,600 | -$4,401,400 | -18.30% |
| Berkshire Hathaway Inc. (BRK-A) | Equity | 0% | 30 | 15.35% | $754,800.00 | $718,994.50 | $22,644,000 | $21,569,835 | -$1,074,165 | -4.74% |
| Berkshire Hathaway Inc. (BRK-B) | Equity | -30.58% | 97,600 | 33.25% | $502.65 | $479.11 | $49,059,000 | $46,761,136 | -$2,297,864 | -4.68% |
| Daily Journal Corp. (DJCO) | Equity | 0% | 11,500 | 3.80% | $487.30 | $482.34 | $5,604,000 | $5,546,910 | -$57,090 | -1.02% |
| Ferrari N.V. (RACE) | Equity | -50.00% | 30,000 | 6.48% | $318.70 | $338.77 | $9,561,000 | $10,163,100 | +$602,100 | +6.30% |
| Mastercard Inc. (MA) | Equity | -39.16% | 40,000 | 15.48% | $570.88 | $499.72 | $22,835,000 | $19,988,800 | -$2,846,200 | -12.46% |
| Moody's Corp. (MCO) | Equity | 0% | 27,000 | 9.35% | $510.85 | $438.19 | $13,793,000 | $11,831,130 | -$1,961,870 | -14.22% |