Friday, November 10, 2006

Have you ever read the Berkshire Hathaway Annual Report?

If you haven't you ought to (behold their flashy site here) ; they are like the no other annual report you've ever seen. Here's the 2005 version.

It's like reading Stephen Roach of Morgan Stanley except you know that these folks, having lion's share of their wealth on the line, aren't bullshitting you.


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