Deals
Why Buffett Prefers Colonoscopy to Issuing Berkshire Shares, and Other Letter Highlights
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Warren Buffett knows how to make a serious point fun.
The billionaire injects levity into his accounting lessons by dropping a reference to baseball or sex. Or he makes a self-depreciating joke while admitting to blunders that he hopes not to repeat. On Saturday, he showed off his wit again, with an annual letter to Berkshire Hathaway Inc. shareholders that built on some of his favorite themes and added new ones. Below are selected remarks: