10 Things I Learned From Warren Buffett’s 2019 Letter to Berkshire Shareholders
By Seedly • May 2, 2020
This the most coveted letter that investors look forward to each year.
Having read them over the years, Warren Buffett’s investment principles grew on me over time and have started to stick.
Source: Berkshire HathawayIt’s these four investment tenets that Buffett highlights: invest in a business you understand, that has a wide economic moat, is run by honest and able managers, and don’t overpay for the business.
So if you don’t have the time to go through all 14 pages of his latest letter, here are 10 things I learned from Warren Buffett’s 2019 annual letter to Berkshire Hathaway shareholders:
1) How to Make Sense of the New GAAP Rule to Recognise Unrealised Gains and Loses in the Income Statement
The new Generally Accepted Accounting Principles (GAAP) rule to recognise unrealised gains and losses in the income statement is not a good reflection of the earning...
