, Columnist
Buffett’s Annual Letter Should Be Required Reading for CEOs
The Oracle of Omaha’s latest advice isn’t only for investors.
Listen up.
Photographer: CNBC/NBCUniversalThis article is for subscribers only.
There’s a reason they call him the Oracle of Omaha.
For decades now investors have pored over Warren Buffett’s annual letter to shareholders, hoping to soak up whatever wisdom they can from the business icon. Every year Buffett uses the letter to muse on economic cycles, as well as the perennial investing principles that have powered Berkshire Hathaway Inc. into an enterprise valued at almost $1 trillion.