March 18, 2017

Berkshire Hathaway, Inc. 2016 Annual Report
Warren E. Buffett

Will Write for Money – The great investor’s annual letter to Berkshire Hathaway shareholders is a must-read for those eager to learn more about the conglomerate as well as Buffett-style value investing. The letter, too, should be required reading for any writer tackling a complex, jargon-filled subject. Mr. Buffett, with an editing assist from a true pro – former Fortune journalist Carol Loomis – explains multi-faceted, multi-billion dollar businesses by providing: succinct descriptions of the business of each business; helpful, high-level context about the industry in general; folksy humor; an abundant sense of joy and optimism; and a generous-but-not-overwhelming use of statistics and real-life stories to describe trends and long-view comparisons. Mr. Buffett also cites his mistakes as company chairman and assumes responsibility for any misjudgments. The mistakes are few. The lessons derived? Priceless.


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