"Warren Buffett's Annual Letter Reveals Record $97 Billion Profit and $168B Cash Pile"
TL;DR Summary
Warren Buffett's annual letter to shareholders revealed Berkshire Hathaway's staggering 4,400,000% return under his leadership, a $168 billion cash pile larger than the value of several major companies, and a significant increase in interest and investment income. The letter also highlighted Berkshire's massive net assets, its preference for productive assets over cash and bonds, and its decentralized structure with a tiny headquarters staff.
- Warren Buffett's annual letter: huge return and a $168B cash pile Business Insider
- Berkshire shares slip after hitting all-time high on big profit gain CNBC
- Warren Buffett says the stock market is increasingly 'casino-like'—and young investors need to remember this 'one fact of financial life' to avoid the mess Fortune
- Warren Buffett's annual investor letter is out. Here are the biggest takeaways. CBS News
- Berkshire Hathaway Reports Profit of $97 Billion Last Year, a Record The New York Times
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 4 min read
Condensed
90%
650 → 63 words
Want the full story? Read the original article
Read on Business Insider