Another Year, Another Warren Buffett Shareholder Letter Without Much Mention of His Newspapers

If capitalism ever gets its own American national holiday (and Black Friday is for some reason unavailable), let me suggest a late February date, to coincide with the annual release of Warren Buffett’s letter to Berkshire Hathaway shareholders. The Nebraska billionaire each year writes about the performance of Berkshire’s various companies, yes, but also wraps in astute observations about the broader economy, politics, and the comparative merits of flying into Omaha or Kansas City. It’s always a good read. (The now-retired Fortune editor Carol Loomis has helped give the letters their clear-eyed prose for decades.)

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