Warren Buffett Letter to Shareholders
by Thomas Mullooly on March 1, 2009
Warren Buffett writes an annual letter to the shareholders of Berkshire Hathaway each year. If you’ve never read them, you really ought to. They are priceless gems. Not a laugh a minute, but an interesting observation on what’s happening.
This year’s version is about 22 pages and he comments on Mark to the Market, derivatives, Bear Stearns and some of the other problems we’ve been exposed to the past year, thanks to our friends on Broad and Wall Streets. The whole piece is worth your time if you care aout the markets, but I’d pay particular attention to pages 15-18.
I also found Buffett’s “prediction” about the possible bubble in the Treasury market to be very interesting. You should too.
You can find it here: http://www.berkshirehathaway.com/letters/2008ltr.pdf
Related posts:
- Revisiting Mark to the Market
- Cutting Losses Short
- Federal Reserve closing the spigot
- Mark to the Market
- Mark to the Market: what is it?
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warren buffett letter to shareholders
Warren Buffett Letter to Shareholders
by Thomas Mullooly on March 1, 2009
Warren Buffett writes an annual letter to the shareholders of Berkshire Hathaway each year. If you’ve never read them, you really ought to. They are priceless gems. Not a laugh a minute, but an interesting observation on what’s happening.
This year’s version is about 22 pages and he comments on Mark to the Market, derivatives, Bear Stearns and some of the other problems we’ve been exposed to the past year, thanks to our friends on Broad and Wall Streets. The whole piece is worth your time if you care aout the markets, but I’d pay particular attention to pages 15-18.
I also found Buffett’s “prediction” about the possible bubble in the Treasury market to be very interesting. You should too.
You can find it here: http://www.berkshirehathaway.com/letters/2008ltr.pdf
Related posts:
Tagged as: Asset Management, Bear Stearns, brokerage firms, Buffett, buy and hold, Federal Reserve, financial stocks, Fixed income investments, letter to shareholders, mark to market, mark to the market, Mullooly Assets, priceless gems, Wall Street, warren buffett, warren buffett letter to shareholders