A periodic look through the archives of the greatest investor in history
In Berkshire Hathaway’s 1979 Letter to Shareholders, Warren Buffett talked about the impact that inflation and taxes can have on an equity portfolio and a business. Below is an excerpt from the letter.
Excerpted from Berkshire Hathaway’s 1979 Letter to Shareholders
Validea’s Warren Buffett-inspired portfolio is up 114.8% since its late-2003 inception vs. 85.2% for the S&P 500. Check out its holdings here.