We understand that a lot of our readers do not have the time to read through the whole annual letter by Warren Buffett, the best investor of all time.
As such, we have summarized the key points of his annual letter below for the benefit of our readers! :D
We have only summarised points that we think are important for the average investors.
As majority of the annual letter relates to Berkshire Hathaway specifically, we were able to eliminate a huge part of the letter to the below 7points.
Do read and learn from the Sage of Omaha!

1) Berkshire Hathaway will now not only compare growth in its book value against price growth of S&P500 but also compare Berkshire's market value increase against the S&P 500 price increase.

2) Definition of Investing: "the transfer to others of purchasing power now with the reasoned expectation of receiving more purchasing power ......