Warren Buffett’s annual Letter to Shareholders is always worth reading even if you are not a shareholder in Berkshire Hathaway (BRK.A, BRK.B). The letters provide valuable insight into the major industries that BRK is operating in — insurance, regulated utilities, retail and services — all delivered in Mr. Buffett’s trademark folksy and witty language. Also [...]
In a chat with Fortune magazine’s Poppy Harlow (available here), Warren Buffett noted that he is not seeing any green shoots in the seventy-odd businesses that Berkshire Hathaway is involved in. But he isn’t seeing any deterioration either. Still, Buffett says he is buying stocks: “We are buying stocks this morning, I can tell you [...]
I must admit that I don’t always thoroughly read the annual reports of the stocks I actually own, but I religiously read the annual report of Berkshire Hathaway as soon as it is published. With all the turmoil in the financial markets, I was anticipating this year’s report more eagerly than usual and Warren Buffet [...]
