BERKSHIRE HATHAWAY

ANNUAL SHAREHOLDER LETTERS

Black and white photo of two elderly men in suits, both wearing glasses, smiling against a plain background.

Ask any investor, and they’ll tell you—reading Warren Buffett’s annual shareholder letters is like getting an MBA in investing. This is where you’ll find my breakdown of every letter, complete with memorable quotes, key takeaways, and other insights.

READ THE LETTERS
1983
Ryne Williams Ryne Williams

1983

Memorable quotes and key takeaways from the 1983 Berkshire Hathaway shareholder letter.

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1982
Ryne Williams Ryne Williams

1982

Memorable quotes and key takeaways from the 1982 Berkshire Hathaway shareholder letter.

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1981
Ryne Williams Ryne Williams

1981

Memorable quotes and key takeaways from the 1981 Berkshire Hathaway shareholder letter.

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1980
Ryne Williams Ryne Williams

1980

Memorable quotes and key takeaways from the 1980 Berkshire Hathaway shareholder letter.

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1979
Ryne Williams Ryne Williams

1979

Memorable quotes and key takeaways from the 1979 Berkshire Hathaway shareholder letter.

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1978
Ryne Williams Ryne Williams

1978

Memorable quotes and key takeaways from the 1978 Berkshire Hathaway shareholder letter.

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1977
Ryne Williams Ryne Williams

1977

Memorable quotes and key takeaways from the 1977 Berkshire Hathaway shareholder letter.

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