Warren Buffett's annual letter to shareholders
Warren Buffett was in top form in his latest annual letter to Berkshire Hathaway shareholders. The “Oracle of Omaha” railed against deficits and those politicians that slam stock buybacks for the sake of doing so. Buffett played up the need for people to save money and invest for the long-term, two classic Buffett approaches to life. And also in classic Buffett form, the billionaire investor added a dose of life wisdom: “Find a very smart high-grade partner – preferably slightly older than you – and then listen very carefully to what he says,” Buffett said, in a shout to long-time friend and business partner Charlie Munger. What Buffett didn’t mention: (1) Succession; (2) Views on the current stock market’s levels or valuations; (3) FTX’s blowup.$Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$
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