At the last week of February or the first week of March every year, prominent investor Warren buffet releases an annual newsletter detailing the progress Berkshire Hathaway Inc. has made for the last 12 months. The letter is released to shareholders of the company. He has been producing these letters for the last four decades. They have become synonymous with not only the shareholders of this company but every value investor globally.
This letter is fit for anyone who wants to learn something new about investing and even managing a business. With his experience of about 55 years running this company, he has learned a lot and shares this information with his followers. Warren Buffett letters are edited by Carol Loomis, a long-standing writer with the Fortune magazine. The letters are clear to understand since they are written in a very simple business language.
Buffet treats the shareholders as people who never follow the progress of the company throughout the year and therefore takes time to inform the once everything about all important things that have happened in the company. Warren Buffett letters can be referred to as an investment encyclopedia combined with vital business information.
Buffett who joined the company around the 1960s has continuously updated his letters to reflect the growth taking place in the company. The company has evolved from just being a letter full of operations related matters to an educational piece of writing that addresses the entire business community. Buffett is giving his all in his recent works as he nears his final years.
The 87 years business mogul is ready to make a change in the lives of as many people as possible before he exits the stage. His letters address everyone including rookie business people who are trying to find a space to establish themselves.