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Berkshire Hathaway 1992 Chairman's Letter
Warren Buffett · Passages from the same work, in order.
Berkshire Hathaway 1992 Letter, Additional Excerpt 1
Our per-share book value increased 20.3% during 1992. Over the last 28 years (that is, since present management took over) book value has grown from…
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Investing · Learning · Modern investor letters
Berkshire Hathaway 1992 Letter, Additional Excerpt 2
Growth benefits investors only when the business in point can invest at incremental returns that are enticing - in other words, only when each dollar…
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Wealth · Investing · Growth · Modern investor letters