Below is a short excerpt from Bill Gate's latest blog post. He keeps a fantastic personal blog where he shares the books he is reading and the topics he's currently interested in.
"A lot has been written about Warren in the half-century since he took the reins at Berkshire. But I think the most interesting and insightful stuff is what Warren writes himself. Every year before the annual meeting, he puts together a letter to Berkshire’s shareholders in which he talks very honestly about what’s going well and what isn’t. He also reflects on investing and the economy more broadly. If you want to be as smart about business as Warren is—and who doesn’t?—you can’t beat those letters.
In this year’s letter, Warren takes a special look at the company’s past, present, and future. I cannot recommend it highly enough. It is the best and most important thing he has ever written. Warren’s partner, Charlie Munger, wrote his own letter and it is also excellent.
Warren and I took a break from the weekend’s events to spend a few minutes talking about his rules for smart investing, how he learned to explain complicated financial dealings so clearly, and how he got me into bridge and golf:"
No comments:
Post a Comment