Letter to BRK shareholders 2021
Explore the fascinating insights of Warren Buffett and Charlie Munger in managing Berkshire Hathaway's extensive portfolio in the latest podcast episode. Delve into their unique approach to shareholder communication, the emphasis on treating all investors equally, and their strategy of releasing major announcements on Saturdays for maximum absorption. Discover how Berkshire navigates the complex world of business ownership, focusing on long-term investments over short-term market movements. Uncover the surprising elements of Berkshire's operations, including its significant infrastructure assets and substantial tax contributions, painting a comprehensive picture of this financial giant's role in the American economy. Learn about Berkshire's "Big Four" companies, driving a significant portion of its value, and their diverse range of activities from insurance to transportation. Buffett also shares intriguing details about Berkshire's investment strategy, their substantial cash reserves, and the strategic use of share repurchases. This episode offers a rare glimpse into the minds of two of the world's most renowned investors, revealing the principles and practices that have shaped Berkshire Hathaway's success. https://linktr.ee/thusspokewb