Author Topic: Does anyone here also read Buffett's letter to shareholders?  (Read 1360 times)

dindledoo

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Does anyone here also read Buffett's letter to shareholders?
« on: January 21, 2016, 05:17:37 AM »
I've just read his 1977 letter and found some gems in it. Some gems such as his continued investing in textiles in order to save the jobs of the older labor force, him making a killing on insurance even though rates are an open book and is easy to get licensed, and he investing in long term companies because he believes it is impossible or very hard for anyone to predict short term stock movements. I made an animated video on it here :

https://youtu.be/yHYKib3pwCw

Does anyone else read his annual letters as source of information to learn from?
« Last Edit: January 21, 2016, 05:32:41 AM by dindledoo »

Rufus.T.Firefly

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Re: Does anyone here also read Buffett's letter to shareholders?
« Reply #1 on: January 21, 2016, 06:00:42 AM »
I have this in the back of my mind to do, one day. I plan to go through and read all 50 years or so...I've read a couple letters and they're mixed with witty sections and very dry sections. So when I say "read" I probably will skim around to the parts I like. I feel like they will contain a lot of really good investing advice, even if that wasn't Buffett's original purpose.

KarefulKactus15

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Re: Does anyone here also read Buffett's letter to shareholders?
« Reply #2 on: February 07, 2016, 03:50:19 AM »
I haven't read them all,  but I do enjoy reading them,  good peak into the mindset of a great investor.    I especially like how in the first letter he talks about the mill not being a money maker, but he keeps it going because he doesn't believe the labor force posseses skills to survive without the mill.   Have you made it to the 2007-2010 letters yet?   I enjoyed those also with his opinion of the root cause of the crash and its affect over major market segments.

 

Wow, a phone plan for fifteen bucks!