The latest closing stock price for berkshire hathaway as of may 08, 2020 is 265280. Berkshire hathaway 2008 annual meeting tilson funds. Feb 23, 2019 warren buffett, chairman and ceo of berkshire hathaway, released his annual shareholder letter on saturday. All berkshire hathaway annual shareholder letters combined oct. Warren buffetts annual letter to berkshire hathaway shareholders has become one.
The letter from the oracle of omaha has been required reading for investors for decades. Warren buffetts shareholder letters collection from. Management segregates the business into the segments illustrated in the diagram below. Berkshire hathaways 2017 annual report pdf as usual, a cogent, clearcut, plainlanguage read. These letters are an absolute mustread if you want to get involved in investing or corporate management. Graham holdings and berkshire hathaway complete deal for berkshire hathaway to acquire wplgtv pdf. Buffett responds to accusations of predatory lending by clayton homes. Click the button below to request a report when hardcopies become available. Investors and noninvestors alike witnessed history as. The following table appears in the printed annual report on the facing page of the. A couple of other sources were used, most notably some of the notes from university of maryland professors david kass and susan white. Berkshire hathaway s adjusted earnings per share data for the three months ended in dec. B assets, cash, debt, liabilities, shareholder equity and investments.
Over the last 38 years that is, since present management. Berkshire annual report 2002 hypocrisy, thy name is buffett derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal warren buffett at berkshire, i both initiate and monitor every derivatives contract on our books if berkshire ever gets in trouble, it will be my fault. Berkshire hathaway, inc 2002 annual report warren buffet on. Buffett defends abstention on excessive cocacola executive compensation. Q1 q2 q3 fiscal year 10q 10q 10q 10k annual report. The following table appears in the printed annual report on the.
The reason was that ibm was planning large share repurchases, and the lower the stock price the higher the percentage of shares retired, and the larger berkshire s stake would be in the. Managements report on internal control over financial reporting. The average berkshire hathaway stock price for the last 52 weeks is 312076. Warren buffet on derivatives following are edited excerpts from the berkshire hathaway annual report for 2002. An analysis of berkshire hathaway empire financial research. All berkshire hathaway annual shareholder letters combined. How berkshire hathaway thinks about climate change. Berkshire hathaway 2020 annual shareholders meeting livestream. Warren buffetts annual letter to berkshire hathaway. In addition, below are the letters warren buffett wrote to partners of the buffett partnership ltd. I have reorganized the content of the meeting by subject area.
We are able to identify and test a large number of buffets assertions on what constitutes good accounting, governance and investing practices. Berkshire hathaway annual meeting omaha, nebraska may 3, 2008 the majority of the content has come from the typewritten notes of peter boodell. Its book value per share for the quarter that ended in mar. Though berkshires intrinsic value grew very substantially in 1998, the gain fell well short of the 48. Buffett annual report is a long form sales letter to persuade people to buy more berkshire shares. Feb 22, 2020 read warren buffetts annual letter to berkshire hathaway shareholders published sat, feb 22 2020 8. I find berkshire hathaway to be such a fascinating company. Wherever department appears in this report, it refers to the new york state. A annual shareholder letters, pdf ed them, and combined them. Warren buffetts shareholder letters from the 1950s including non berkshire entities to the latest release from berkshire hathaway. Their principles are so simple, but because they require patience, no other company has followed them. Berkshire hathaway life insurance company, hereinafter referred to as the company, at its home office located at marine air terminal, laguardia airport, flushing, new york 171. Historically we believe buffett used a 12 multiple, but given compressed multiples during the downturn, we used an 8 in 20082010, 10 from 2011.
Berkshire is best viewed as a diversified conglomerate. On page 7 in the 2011 annual report, buffett wrote that, as a longterm shareholder, he wished for the ibm stock to languish throughout the following 5 years. Is warren buffetts commentary on accounting, governance. The berkshire hathaway 52week low stock price is 239440. Basically these instruments call for money to change hands at some future date, with the amount to be. Warren buffetts annual letter to shareholders as well as information. A assets, cash, debt, liabilities, shareholder equity and investments. As buffett prepares to release berkshire hathaways annual report, read highlights from past reports in buffetts annual letter to shareholders. Quarterly and annual regulatory reports for berkshire hathaway energy and select businesses are available for download as pdfs. Berkshire hathaway does not currently have any hardcopy reports on. Berkshire hathaway has reached its limit for free report views.
Berkshire hathaway owners manual brk 1999 a message from warren e. Buffett doesnt care one whit about people buying more berkshire hathaway shares. Warren buffett just released his annual berkshire hathaway. Read warren buffetts annual letter to berkshire hathaway shareholders published sat, feb 22 2020 8. May 31, 2011 substantially improve corporate governance berkshire hathaway annual report 2002. Berkshire hathaway is a unique collection of diverse business operating in a variety of industries.
Click the button below to request a report when hardcopies. If anything, he wouldnt mind people selling shares and driving the price down to below 1. Read past versions of berkshire hathaways annual report to shareholders. Warren buffetts letters to the shareholders of berkshire hathaway, his holding company, are regarded as one of the most important and informative bodies of work ever written in the business and investing world. Berkshire hathaway 40 year stock price history brk. Heres warren buffet on how they treat shareholders. Warren buffett, chairman and ceo of berkshire hathaway, released his annual shareholder letter on saturday.
Berkshire hathaway 2014 annual report pdf hacker news. Up to now, climate change has not produced more frequent nor more costly hurricanes nor other weatherrelated events covered by insurance. The following table appears in the printed annual report on the facing page of the chairmans letter and is referred to in that letter. Read past versions of berkshire hathaway s annual report to shareholders. No recording devices were allowed at the meeting, so this is based on many hours of rapid typing, combined with my memory egads. I view derivatives as time bombs, both for the parties that deal in them and the economic system. Increased possibilities of loss translate promptly into increased premiums. Find and download annual and quarterly financial reports for berkshire hathaway energy and our family of businesses.
List of assets owned by berkshire hathaway wikipedia. Is warren buffetts commentary on accounting, governance and. Historical daily share price chart and data for berkshire hathaway since 1980 adjusted for splits. The company averaged an annual growth in book value of 20. Here are some key figures on midamericans operations. Cerner corporation provides healthcare information technology, healthcare devices, and content solutions for healthcare. Here you can find a list of all warren buffetts shareholder letters. Notes from the 2003 berkshire hathaway annual meeting. Berkshire hathaways adjusted earnings per share data for the three months ended in dec. Warren buffetts shareholder letters collection from 1950s. Mar 02, 2015 on page 7 in the 2011 annual report, buffett wrote that, as a longterm shareholder, he wished for the ibm stock to languish throughout the following 5 years.
Charlie munger, buffetts partner in managing berkshire hathaway and i are of one mind in how. In the 2017 annual report, berkshire hathaway disclosed its total position by december 31, 2017, to be 166 million shares 3. Cerner corporation provides healthcare information technology, healthcare devices, and content solutions for healthcare organizations and consumers in the americas, europe, the middle east, and the asia pacific region. Aggressive stock purchases continued and by march 31, 2017, berkshire had amassed a stake of 129 million shares 2.
Chairmans letter and is referred to in that letter. The berkshire hathaway 52week high stock price is 347400. Oct 10, 2012 all berkshire hathaway annual shareholder letters combined oct. B is an american multinational conglomerate holding company headquartered in omaha, nebraska, united states, that oversees and manages a number of subsidiary companies. See the appendix for a summary of buffets assertions and our empirical findings. Though berkshire s intrinsic value grew very substantially in 1998, the gain fell well short of the 48. Berkshires finance and financial products businesses primarily engage in proprietary investing strategies, including commercial lending and real.
Berkshire hathaway is reengineering small business insurance. Yahoo finance was the exclusive online host of the 2020 berkshire hathaway annual shareholders meeting, which took place on saturday may 2nd. The reason was that ibm was planning large share repurchases, and the lower the stock price the higher the percentage of shares retired, and the larger berkshires stake would be in the. During the past years, the highest 3year average book value per share growth rate of berkshire hathaway was 39. Berkshire hathaway shareholder letters berkshires pershare book value soared 18.
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