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Berkshire Hathaway Inc. Annual Report 2024
An annual shareholder letter from Warren Buffett discusses Berkshire Hathaway's performance, investment strategy, management perspectives, company developments, mistakes, and updates on key businesses, emphasizing a long-term approach to capital allocation and growth.
berkshirehathaway.comOne day the two of them ran into a friend of a friend, late of the restaurant business, now in shoes, who flatly stuck his finger in PL’s chest and said, “We were always filled to the rafters but no profit. I was skimmed to death, skimmed! Waiters in collusion with the cashier! [This is before computers, remember.] They saved up all the cash regist
... See moreA.E. Hotchner • In Pursuit of the Common Good: Twenty-Five Years of Improving the World, One Bottle of Salad Dressing at a Time
have a strong incentive to prevent all waste in operations within their ownership.
Charles T. Munger • Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
The strong tendency of employees to rationalize bad conduct in order to get rewards requires many antidotes in addition to the good cash control promoted by Patterson.
Charles T. Munger • Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
Bill Franz
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Bill O'Connor
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Fortune Buchholtz
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Mad, bad & really fun to know. Coffee, jazz, travel & the Long Now.
Bill Guy
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