Warren Buffett, IMD in Lausanne, 2008

The investment crowd loves Warren Buffett and in criticizing his own mistakes during the past year in his annual newsletter, published 28 February, he may be the rare head of a holding company who will be appreciated rather than reviled by his investors. The New York Times details his mea culpas, but also his anger at some parts of the business world, as his company, Berkshire Hathaway, “reported a 62 percent drop in net income for 2008 and posted negative results for only the second time since he took control in 1965. Warren Buffett’s letters to shareholders, including 2008, published 28 February.

Posted by Ellen Wallace on 28 February 2009 at 23:58 | permalink
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News story, GenevaLunch, 28 February 2009.

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Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.