The new latter of warren buffets

The new latter of warren buffets

The new latter of warren buffets, which he wrote to the shareholders of Hathaway, has not been given the kind of attention it is supposed to be given. I marvel if the reason as to that is because the reporters feel like they cannot afford to write one more story concerning how brilliant warren is .luckily for me, I don’t have such kink of limitations.

I have gone through every latter that warren has ever written, and I feel that this one is the most interesting and significant one he has ever written in history. The first thing that interested me was the look back that is unusual at Berkshire’s performance in 2014. Then since this happens to be his 50th universally for his purchasing of the Berkshire, there is a section that is separate where he writes and reviews things concerning his history in his leadership life. In the end, Charlie Munger, his colleagues, put on paper his looks concerning the organization, which is also very interesting.

One of the things that caught all my attention for the first time in his latter was the experiences values. It is not only the experience of warren but also it very unbelievable since he has gone through a lot of businesses for the past years and has a lot of knowledge concerning profitability. Warren can make a similar situation for those people who operate the Berkshire Company. They live in a place for so many years, which usually past the average retirement age. Warren provides them with flexibility and relieves them some of the tasks they dislike and find them difficult to perform. Berkshire’s system maximizes hiring people who are very experienced in operating their enterprises, providing them with autonomy and allowing them to play it for so many years. Even if they happen to make some mistakes, they still know that warren will always keep them. That is the method warren uses to make sure that he puts together a right mind glowingly set of business directors.

Another thing that caught my attention and made me interested in the way Buffett gave the investors the urge to put a lot of focus and concentrate on their organizations operating earnings rather than been obsess on losses or even profits that are quarterly or yearly. Besides that he carried out a discussion concerning the speculative nature of equity when it comes to trading, recent challenges in getting acquisition target that is big, his faith and believe concerning the success of Berkshire in so many years to come and lastly the changing world of the government that is corporate.

Besides, Oracle of Omaha was another thing that was interesting about the latter written by warren. Omaha oracle gives a comparison that was funny between the marriage and the large scale acquisition and how each one can cause disappointment even if it is excited at first. It indicated how reality tends to diverge from those expectations pre-nuptial. Warren wrote in his latter that if those images are applied in the corporate acquisition, it is the customers who feel the effect of very unpleasant surprises.