There’s always something to learn from Warren Buffett’s annual letters. He’s built a library of successes, failures, and accumulated knowledge from almost four decades of letters, which you can borrow from at any time. And, frankly, you can’t beat the price of free.
Typically, when I read the annual letters, I print it out, grab a pen or highlighter and dig in. Afterwards, I re-read all the areas I marked up and write out some notes. Five big takeaway’s from this year’s letter are highlighted below. Continue Reading…
There has been a growing upheaval in investing as we throw out overused theories and reintroduce behavior, redefine risk, and question labels that have been used for decades.