Warren Buffett

Warren Buffett’s 1959 Letter to Partners

Our study of Warren Buffett continues with his letter to the partners of the six partnerships of Buffett Partnership Limited reviewing the partnerships’ results for 1959. The letter begins, as usual, with an overview of the general market.  In 1959, the following notable world events happened: Fidel Castro assumed power in Cuba Soviet Premier Nikita …

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Buffett on Inflation – 1983 Berkshire Hathaway shareholder letter

The following text comes from the Appendix to the 1983 Berkshire Hathaway Annual Letter.  While I was led to this text in search of a discussion on the difference between economic and accounting Goodwill, I stumbled upon an interesting discussion of, possibly, a different way to think about investing during inflationary times. ​Through the following …

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