Guest post by Coftea
I have been hearing great things about how Warren Buffett, one of the greatest investor of our times writes his shareholder letters. Often, they are mentioned as well written, thoughtful and loaded with sound investment advices. With succinct quotes such as be“fearful when others are greedy and to be greedy only when others are fearful” and “rule no.1 is not to lose money and rule no. 2 is not to forget rule no.1”, I have the feeling that he is also quite a humorous guy. My curiosity had finally overwhelmed me and I decided to read Berkshire Hathaway’s 2014 shareholder letter, on a quest for inspirations.
Facts of Berkshire Hathaway are always astonishing no matter how many times I come across them. For the uninitiated, it is a conglomerate that owns many businesses such as railways, insurance, private jets, fast food chain and has significant shares ......