Your guide to the famous investor's views on the economy, healthcare and tax policy, potential successors, and his portfolio.
By
Luke Kawa
,
Katherine Chiglinsky
, and
Noah Buhayar
February 24, 2018, 9:01 PM GMT+8
Berkshire Hathaway Inc. Chairman and CEO Warren Buffett just published his annual letter to shareholders.
The widely-read document promises to chronicle twelve months in which natural disasters dented his insurance businesses, saw the Oracle of Omaha join forces with Jeff Bezos and Jamie Dimon on a health care venture earlier this year, and perhaps even offer a hint on succession plans for the conglomerate after Greg Abel and Ajit Jain were each promoted to be vice chairman at the start of 2018. We'll also get a rare glimpse of the top-down view on the state of the American economy from the man who's mastered bottom-up analysis.
We're scouring the letter to highlight and break down some of the most important passages and details. Follow along with our annotation below:
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....