Run, don’t walk to read the always erudite David Merkel (Aleph Blog) on the latest missive from Warren Buffett…
I’ve written a lot about Buffett over the years. I think this is the eighth shareholder letter that I have written about. I have the unique perspective of being both an actuary and a value investor. I get what Buffett is doing, though by no means am I his equal. This is a commentary on his 2010 shareholder letter.
If you haven’t the time or the initiative to read the entire letter this weekend, by all means ride shotgun with David as he highlights and illuminates the key points.