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Annualletter

All articles tagged with #annualletter

finance1 year ago•1 min saved

"Warren Buffett's Tribute to Charlie Munger and Warning to Stock Market Gamblers"

In his annual letter to shareholders, Warren Buffett credits Charlie Munger for Berkshire Hathaway's success, warns against listening to Wall Street pundits, and reports a 28% jump in operating earnings to $5,878.21 per Class A share. Despite a profit of $37.57 billion in the fourth quarter, Buffett advises investors to focus on operating earnings rather than the paper value of investments. Berkshire also repurchased $9.2 billion of its own shares in 2021.

via The Associated Press|

#annualletter #berkshirehathaway #finance

business-and-finance2 years ago•8 min saved

Warren Buffett's 2023: Success Rules, Portfolio Insights, and a Tribute to Munger

Warren Buffett, the CEO of Berkshire Hathaway, experienced a year of significant events in 2023, including the acquisition of a major stake in Pilot Travel Centers, a business trip to Tokyo, insights shared in his annual shareholder letter, and discussions at the company's annual meeting. He also donated $6 billion to charity, invested in a mystery stock, and mourned the loss of his long-time friend and business partner, Charlie Munger. Despite challenges, such as a legal dispute with the Haslam family over Pilot's valuation, Buffett's year was marked by strategic business moves and personal reflection.

via Markets Insider|

##annualletter #berkshirehathaway