Berkshire Hathaway 2024 Letter to Shareholders

Sometimes I’ve made mistakes in assessing the future economics of a business I’ve purchased for Berkshire – each a case of capital allocation gone…

Pete paused as his wife, daughter and I leaned forward. Then he surprised us: “Well, I looked at Berkshire’s proxy statement and I wouldn’t want to…

The four of us then went to dinner at Omaha’s Happy Hollow Club and lived happily ever after. During the next 19 years, Pete shot the lights out.…

But I’ve also had many pleasant surprises in both the potential of the business as well as the ability and fidelity of the manager. And our…