New Berkshire Hathaway annual letter

New Berkshire Hathaway annual letter is out.  I love to read this thing every year.  If Warren Buffett weren’t busy running a 362 billion dollar company he would be a very talented business writer.

He’s funny, compelling, a calm and sunny optimist, and thoughtful about dimensions beyond the monetary, one of the great American characters alive.  Here are some highlights if you are too busy to read:

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Some common sense social policy:

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About rail cars:

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marmon

A brief history of auto insurance in the United States:

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Advice:FullSizeRender (56)

A non-apology for GEICO advertising:

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Discussion of the realities of economic change on people’s lives:

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Here is the scariest part, a warning about cyber, biological, nuclear or chemical attack on the USA:

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Damn I hope I have the time to make it to the annual meeting:FullSizeRender (58)

If I make it to Omaha I would like to challenge Ariel Hsing at table tennis:FullSizeRender (59)



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