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Berkshire Hathaway
06-03-2019, 11:36 PM.
Post: #111
RE: Berkshire Hathaway
2018 shareholder letter. my fav parts:

"We continue, nevertheless, to hope for an elephant-sized acquisition. Even at our ages of 88 and 95 – I’m the
young one – that prospect is what causes my heart and Charlie’s to beat faster. (Just writing about the possibility of a
huge purchase has caused my pulse rate to soar.)"

"let me remind you of our prime goal in the deployment
of your capital: to buy ably-managed businesses, in whole or part, that possess favorable and durable economic
characteristics. We also need to make these purchases at sensible prices"

"The world’s knowledge of what goes on in Omaha the first
Saturday of every May has grown dramatically since Yahoo came on board. Its coverage begins at 8:45 a.m. CDT and
provides Mandarin translation."
-> prob the only time i visit the yahoo website lol

they say never say never but interesting the word does appear quite a many times in the letter!

http://www.berkshirehathaway.com/letters/2018ltr.pdf

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