Berkshire Hathaway 1979 Letter: Management Style and Patience

I want to make two points in this post.  The first is on Buffett’s management style and the second on his patience. First, Buffett’s management skills are amazingly unique.  I don’t think this is well appreciated, although he has demonstrated his approach for over 30 years now.  Here are his

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Berkshire 1978: Back to the Future….(And The Past)

“Life can only be understood backwards, but it must be lived forwards.”  Soren Kierkegaard I like using this quote, mainly because I hope it justifies my undergraduate degree in philosophy.   Luckily, with Buffett’s partnership and Berkshire letters, we can read his letters both forwards and backwards to understand his

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