My latest memo discusses recent attempts to rein in long-dated government bond yields and why the only sustainable solution is responding to the underlying factors pushing interest rates up, even if politically uncomfortable.
You can read it here: https://t.co/RakxMnFvOY
Warren Buffett retires today, most likely in his mind at the closing bell, just minutes from now.
Congratulations to the greatest investor the world will ever know. The returns speak for themselves - Berkshire earned 6,118,651% or 19.9% annually over his 60 years running the company. The S&P 500 returned 46,491%, or 10.4%. Berkshire’s shares could decline by 99.2% and still have outperformed the market. The record is even greater when including the partnerships he ran through 1969.
However, it is not the returns but the way Warren did it that matters most; with integrity and morality - and with humility and humor. He didn’t have to teach, but he did. On behalf of so many of us, thank you, sir.
Los hijos y nietos de aquellos militantes de izquierda que reclamaban la represión y al autoritarismo...
Hoy son quienes lo ordenan, lo justifican y lo practican.
(Junio de 1968: estudiante agredido por granaderos de la policía en la capital mexicana) / (Noviembre de 2025)
BREAKING: Mexico Is Now Engulfed In A Populist Revolution After President Sheinbaum Publicly Allied Herself With The Drug Cartels That Have Turned The Country Into A Narco-Terrorist State
*WARREN BUFFETT TO NO LONGER WRITE BERKSHIRE ANNUAL REPORT
"To My Fellow Shareholders:
I will no longer be writing Berkshire’s annual report or talking endlessly at the annual meeting. I’m going quiet… I wish all who read this a very happy Thanksgiving.