Warren Buffett：Berkshire Hathaway 1994 Letter, Additional Excerpt 1

Our gain in net worth during 1994 was $1.45 billion or 13.9%. Over the last 30 years (that is, since present management took over) our per-share book value has grown from $19 to $10,083, or at a rate of 23% compounded annually.

Source： https://www.berkshirehathaway.com/letters/1994.html
Locator：1994 Chairman's Letter, additional excerpt 1 · Verified：2026-10-19 · Verification：Short excerpt

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