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Archive of entries posted on 26th February 2018

The greatest pleasure — reading Warren Buffett’s annual letter to his shareholders

At 8:00 AM last Saturday, Warren Buffett’s 2017 shareholder letter and annual report appeared. I downloaded it and jumped a six-hour plane trip to California. Having six hours of peace and quiet to read and digest Buffett’s thoughts is a great pleasure. I’ll try for a few highlights below. But you owe yourself the favor […]