Career · Modern investor letters
Warren Buffett：Berkshire Hathaway 1997 Letter, Additional Excerpt 2
Warren Buffett《Berkshire Hathaway 1997 Chairman's Letter》· 1997 Chairman's Letter · Leadership · Human nature
In 1997, we agreed to acquire Star Furniture and International Dairy Queen (a deal that closed early in 1998). Both businesses fully meet our criteria: They are understandable; possess excellent economics; and are run by outstanding people.
Source：
https://www.berkshirehathaway.com/letters/1997.html
Locator：1997 Chairman's Letter, additional excerpt 2 · Verified：2026-10-19 · Verification：Short excerpt
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