Wake Up Call: Warren Buffett's Folksy Letter to Shareholders Coming Saturday Morning
It's one of the surefire signs that spring is coming, even though the temperature will be falling to the low 20s in Omaha overnight.
Warren Buffett's annual letter to Berkshire Hathaway shareholders will be released tomorrow (Saturday) morning.
In that letter, Buffett will let us know how the company is doing, brag about his successes, admit his mistakes, and share a folksy aphorism or two.
Last year, Buffett's letter included his now famous line about wanting to make some big acquisitions: "Our elephant gun has been reloaded, and my trigger finger is itchy."
Buffett may tell us more about last fall's surprise Berkshire stock buyback authorization.
He might also write about last year's David Sokol scandal.
Another possible subject will be his call for higher tax rates on the super-rich and the "Buffett Rule" proposal it inspired, along with a lot of criticism of him and his secertary from anti-tax conservatives.
We already know one major topic because he previewed it in Fortune magazine: his argument that stocks, or investments in any "productive" asset, will "prove to be the runaway winner" over bonds or gold "over any extended period of time" .. and "more important, (they) will be by far the safest" place to put your money.
Current Berkshire stock prices:
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