Today is like a capitalist holiday. Not only did we get Warren Buffet’s seminal shareholder letter over the weekend, but given that it is Leap Day, we get an extra day of production that is not in most bank’s budget (if it is, that is some expert-level budgeting). To celebrate, we will save you extra time by breaking down the 7 main takeaways from Berkshire Hathaway annual letter written by the CEO of capitalism itself, Warren Buffet, that will add value to your bank.
Tag: Shareholder Letter
It has been said that the shareholder letter is up there with reading ingredients on the back of oatmeal and academic studies on mono-phase phosphates. In the spectrum of shareholder letters, bank letters happen to be on the snoozy side of yawnsville. Of course, it doesn’t have to be like that. Berkshire Hathaway has undoubtedly the best shareholder letter in corporate America. It is better than 80% of most novels and 90% of most financial text. It makes you laugh, cry and feel young all over again.