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26 Mar

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Fifty Years of Warren Buffett’s Wisdom (and Counting)

March 26, 2015 | By |

For 50 years, Warren E. Buffett has been at the helm of Berkshire Hathaway, among the largest publicly held companies in the world. For 50 years, Buffett has been publishing annual letters to shareholders. With our evidence-based, diversified investment strategy, we don’t typically focus on particular companies’ annual announcements, nor do we typically share them as recommended reading.

Warren Buffett’s letters to Berkshire Hathaway shareholders are different.

While his letters lead with the usual corporate analytics, they’re also generously seasoned with Buffett’s legendary combination of wisdom and practicality on business, finance, family wealth, philanthropy, life lessons and “just for fun” jabs. Investment advice aside, they’re simply fascinating reads from a thoughtful man who is leading a life well-lived.

Here is what Microsoft founder Bill Gates had to say about this year’s letter:

Warren Buffett’s new annual letter to Berkshire Hathaway’s shareholders hasn’t received nearly as much attention as it deserves. I wonder if that’s because financial journalists feel like they just can’t write another story about how wise Warren is. Fortunately, I don’t have any such limitation. I have read all 50 of Warren’s letters and feel this is the most important one he has ever written.

We urge you to take the time to read this year’s golden anniversary letter for yourself. You may agree or disagree with Buffett’s ideas, but you can expect to take something worthwhile from the experience. To get you started, here are a few of our favorite nuggets from this year’s letter.

 On American Enterprise …