The annual Warren Buffett Shareholder letter is out. You
can view it here. It has always been as insightful as reading an investment book, and I would urge aspiring investors to read it.
You can read the rest of the shareholder letters here (
from 1977 to present)
You can invest in this insurer and gain access to these capital allocators and business managers, by investing in BRK/B which is around US$115 a share (in US you can buy 1 share and not 1000 shares)
Buffett shares how do you value Berkshire (Page 3):
As I’ve long told you, Berkshire’s intrinsic value far exceeds its book value. Moreover, the difference has widened considerably in recent years. That’s why our 2012 decision to authorize the repurchase of shares at 120% of book value made sense. Purchases at that level benefit continuing shareholders because per-share intrinsic value exceeds that percentage of ...
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