"I apprehended that the progress of British soldiers through these counties on such an occasion, especially considering the temper they are in, and their resentment against us, would be attended with many and great…
"I apprehended that the progress of British soldiers through these counties on such an occasion, especially considering the temper they are in, and their resentment against us, would be attended with many and great…
"I apprehended that the progress of British soldiers through these counties on such an occasion, especially considering the temper they are in, and their resentment against us, would be attended with many and great…
I had from a child been ever delighted with this exercise, had studied and practis'd all Thevenot's motions and positions, added some of my own, aiming at the graceful and easy as well as the useful. All these I took…
21:00 Figures · Investing · Modern investor letters
Warren Buffett:Berkshire 2018 Letter, Excerpt 2
Warren Buffett《Berkshire Hathaway 2018 Letter to Shareholders》· 2018 Chairman's Letter · Investing
The accuracy of that prediction can be suggested by our quarterly results during 2018. In the first and fourth quarters, we reported GAAP losses of $1.1 billion and $25.4 billion respectively. In the second and third quarters, we reported profits of $12 billion and $18.5 billion. In complete contrast to these gyrations, the many businesses that Berkshire owns delivered consistent and satisfactory operating earnings in all quarters. For the year, those earnings exceeded their 2016 high of $17.6 billion by 41%.
"I apprehended that the progress of British soldiers through these counties on such an occasion, especially considering the temper they are in, and their resentment against us, would be attended with many and great…