Warrem Buffett s Annual Letter to Berkshire Shareholders

Warren Buffett’s annual letters to Berkshire Hathaway’s shareholders have a huge following. The letters, written in Buffet’s direct and often humorous style, are closely read by investors, journalists, academics, and others seeking insight into the performance and key trends of markets and of the economy. This year’s letter, published on Saturday, February 24, 2024, as part of Berkshire’s 2023 annual report, is distinguished by its opening tribute to the company’s late Vice Chairman, Charlie Munger, who died in December 2023 at the age of 99. The letter itself covers a number of topics that will be familiar to students of Buffett’s past letters, but it also includes a few interesting (and arguably even surprising) topics as well, as I discuss below. Full disclosure:  I own BRK.B shares, although not as many as I wish I did.Continue Reading Thinking About Warren Buffett’s Latest Letter to Berkshire Shareholders

Berkshire Hathaway Chairman Warren Buffett is often referred to as the “Sage of Omaha” and is respected for his business insight. But in many ways his reputation for sagacity is simply a by-product of a very basic, company-related project. What Buffett set out to do was to cultivate a certain type of shareholder for Berkshire