Key takeaways from Warren Buffett’s annual letter to shareholders - News Summed Up

Key takeaways from Warren Buffett’s annual letter to shareholders


Ajit is now responsible for insurance operations, and Greg oversees the rest of our businesses.“Charlie and I will focus on investments and capital allocation. You and I are lucky to have Ajit and Greg working for us. And that says it all,” Buffett said in the letter.Buffett listed 15 common stock investments that at yearend had the largest market value. The shares had a yearend market value of $25.3 billion, and a cost basis of $9.8 billion.The annual meeting falls on May 5th and will again be webcast by Yahoo!, whose web address is https://finance.yahoo.com/brklivestream. With about $20 billion in annual volume, the company is far and away the nation’s leading travel-centre operator.PFJ has been run from the get-go by the remarkable Haslam family.


Source: Economic Times February 24, 2018 13:55 UTC



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