Lessons From the Oracle: Warren Buffett's Shareholder Letter, Annotated

(Bloomberg) -- Warren Buffett published his annual letter to shareholders on Saturday.

At over $250,000 an A-Share, Berkshire Hathaway Inc. is probably out of reach for most people. But this document is still stuffed with insights into the craft of value investing, as well as providing a top-down view on the state of America from the man who's made an art of bottom-up analysis.

Here's the play-by-play.

With contributions by Katherine Chiglinsky and Noah Buhayar

https://www.twomargins.com/c/Warren-Buffett's-2016-Letter-To-Shareholders-hpztds

 

 

 

To contact the author of this story: Luke Kawa in New York at lkawa@bloomberg.net.

To contact the editor responsible for this story: Isobel Finkel at ifinkel1@bloomberg.net.

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