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Warren Buffett Just Wrote His Best Annual Letter

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Re: Warren Buffett Just Wrote His Best Annual Letter

#2
I had a chance to read the letter - I went from knowing nothing about Buffet's businesses to knowing a lot, very quickly.

On a related note, I wonder if Gates writing this praise was spurred by something, maybe some news about Buffet. He's relatively senior (84), and has been running Berkshire for a while now. Maybe he's getting ready to give up the reins.

In fact, he builds up the reputation his menagerie of "very experienced people" to run individual businesses - I wonder how they will run things when Warren isn't around.

While you're at it, take some time to check out the Berkshire Hathaway site. It directly services what they're trying to do: provide investor information.

http://www.berkshirehathaway.com/

Re: Warren Buffett Just Wrote His Best Annual Letter

#3
post #2

I had a chance to read the letter - I went from knowing nothing about Buffet's businesses to knowing a lot, very quickly. On a related note, I wonder if Gates writing this praise was spurred by something, maybe some news about Buffet. He's relatively senior (84), and has been running Berkshire for a while now. Maybe he's getting ready to give up the reins. In fact, he builds up the reputation his menagerie of "very e…

There has been a lot of talk recently of him naming Charlie Munger as his successor. I think this letter may have been a handoff of sorts. He may make a specific announcement at the meeting.

Re: Warren Buffett Just Wrote His Best Annual Letter

#4
post #2

I had a chance to read the letter - I went from knowing nothing about Buffet's businesses to knowing a lot, very quickly. On a related note, I wonder if Gates writing this praise was spurred by something, maybe some news about Buffet. He's relatively senior (84), and has been running Berkshire for a while now. Maybe he's getting ready to give up the reins. In fact, he builds up the reputation his menagerie of "very e…

It's funny to see Geico ad at the bottom of the http://www.berkshirehathaway.com/ great marketing

Re: Warren Buffett Just Wrote His Best Annual Letter

#6
post #3
post #2

I had a chance to read the letter - I went from knowing nothing about Buffet's businesses to knowing a lot, very quickly. On a related note, I wonder if Gates writing this praise was spurred by something, maybe some news about Buffet. He's relatively senior (84), and has been running Berkshire for a while now. Maybe he's getting ready to give up the reins. In fact, he builds up the reputation his menagerie of "very e…

There has been a lot of talk recently of him naming Charlie Munger as his successor. I think this letter may have been a handoff of sorts. He may make a specific announcement at the meeting.

He sometimes jokes about it but Charlie is 91.

Re: Warren Buffett Just Wrote His Best Annual Letter

#7
post #2

I had a chance to read the letter - I went from knowing nothing about Buffet's businesses to knowing a lot, very quickly. On a related note, I wonder if Gates writing this praise was spurred by something, maybe some news about Buffet. He's relatively senior (84), and has been running Berkshire for a while now. Maybe he's getting ready to give up the reins. In fact, he builds up the reputation his menagerie of "very e…

Could be. From the end of the letter:

"Both the board and I believe we now have the right person to succeed me as CEO – a successor ready to assume the job the day after I die or step down."

Re: Warren Buffett Just Wrote His Best Annual Letter

#8
post #2

I had a chance to read the letter - I went from knowing nothing about Buffet's businesses to knowing a lot, very quickly. On a related note, I wonder if Gates writing this praise was spurred by something, maybe some news about Buffet. He's relatively senior (84), and has been running Berkshire for a while now. Maybe he's getting ready to give up the reins. In fact, he builds up the reputation his menagerie of "very e…

Love it - one of the world's richest people, and his site is built using Word

Re: Warren Buffett Just Wrote His Best Annual Letter

#9
post #8
post #2

I had a chance to read the letter - I went from knowing nothing about Buffet's businesses to knowing a lot, very quickly. On a related note, I wonder if Gates writing this praise was spurred by something, maybe some news about Buffet. He's relatively senior (84), and has been running Berkshire for a while now. Maybe he's getting ready to give up the reins. In fact, he builds up the reputation his menagerie of "very e…

Love it - one of the world's richest people, and his site is built using Word

as far as we know, it could be written in emacs org mode.
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