Berkshire Hathaway: Letters to Shareholders

Review Berkshire Hathaway: Letters to Shareholders


Berkshire Hathaway: Letters to Shareholders


In this updated version of “Letters to Shareholders,” author Warren E. Buffet showcases all the 54 unedited letters that he had sent to those who had held shares on Berkshire Hathaway Inc, a humble textile company. With the compiled letters of Warren E. Buffet, left untouched and put together by editor Max Olson, readers get an insight to peek into how Berkshire Hathaway’s staggering success along with the dividends shared amongst its shareholders. From just a measly $18 per share back when it was acquired by Buffett in 1965, the share managed to soar to $306,600, and a compounding investor capital of under 20% a year – readers get to see how and when the company started to pick up traction.

Apart from just being a summary report of an extremely successful company, “Letters to Shareholders” shows Buffett’s opened disposition on sharing his investment techniques to those around him     

About the Author

Warren Edward Buffett (born August 30, 1930) is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. Buffett is the primary shareholder, chairman, and CEO of Berkshire Hathaway and consistently ranked among the world’s wealthiest people. He was ranked as the world’s wealthiest person in 2008 and as the third wealthiest person in 2011. In 2012, American magazine Time named Buffett one of the most influential people in the world. Buffett is called the “Wizard of Omaha,” “Oracle of Omaha,” or the “Sage of Omaha” and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation.

Table of Contents

  • Introduction
  • Performance Chart
    • Letters
  • Corporate Genealogy
  • Goodwill and its Amortization
  • Memo to Managers
  • Berkshire – Past, Present, and Future, Warren Buffett
  • Vice Chairman’s Thoughts – Past and Future, Charlie Munger
  • Supplements
    • 1951 – The Security I Like Best: GEICO
    • 1953 – The Security I Like Best: Western Insurance
    • 1967 – National Indemnity Purchase
    • 1975 – Pensions
    • 1978 – Diversified Retailing Manager
    • 1980 – Illinois National Bank Spinoff Letter
    • 1983 – Nebraska Furniture Mart Purchase letter
    • 2001 – 9/11 Letter to Managers

Leave a Reply

Your email address will not be published. Required fields are marked *