Friday, December 12, 2014

Warren Buffett Looks Ahead to Berkshire’s Next 50 Years

Link to article: Warren Buffett Looks Ahead to Berkshire’s Next 50 Years
Warren Buffett says that lately he’s been pondering the future of Berkshire Hathaway Inc. more than usual.

Like in years past, he has been busy composing his annual letter to shareholders reviewing Berkshire’s performance in 2014. However, because 2015 will mark the golden anniversary of Berkshire Hathaway under “current management,” Mr. Buffett has also been laying out, on paper, his vision for Berkshire for the next 50 years.

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Berkshire shareholders and those who follow the conglomerate’s activities will get a bonus next year: Mr. Munger is also writing down his vision for Berkshire for the next 50 years. Shareholders love Mr. Munger’s sometimes bruising wit and deadpan delivery, often in response to questions posed at Berkshire’s annual meeting.

[H/T Linc]