What I learned from 50th Anniversary Berkshire Hathaway Letter

Adam Business, Investing

One of my favorite annual publications came out today, the annual Berkshire Hathaway shareholder letter! Yet again Berkshire had a killer year. Berkshire’s gain in net worth during 2014 was $18.3 billion, which increased the per-share book value of both our Class A and Class B stock by 8.3%. Over the last 50 years (that is, since present management took …