Caleidoscope
Warren Buffett’s Shareholder Letters Make a Surprisingly Great Book
02.06.2026
A new volume collecting decades of letters from the Berkshire Hathaway chairman is part management manual, part Berkshire history and, somehow, part comedy.
With almost no notice, in a format as indifferent to appearances as its author, you can now get a six-decade, year-by-year accounting of the greatest exercise in the allocation of capital in US history. It is an education in business, a primer on morality, a randy hoot, a celebration of buying and (infrequently) selling, an unyielding and irrefutable critique of Wall Street and a wild improbable story of how an awful investment turned...
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