Seven things investors can learn from Warren Buffett's annual report - Timothy Sykes

Sign Up | Log In | What is SocialPicks?

Seven things investors can learn from Warren Buffett's annual report
Mar 02, 2009 03:00 PM UTC

Timothy Sykes

Return	Risk
-22.98%	MID

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
BX	n/a
WSH	n/a
PG	n/a
GS	n/a
MMC	n/a
AXP	n/a
C	n/a
COP	n/a
BAC	n/a
KO	n/a
FNM	n/a
JNJ	n/a
BRK.A	n/a
WMT	n/a
GE	n/a
AOC	n/a

Via BloggingStocks:

Filed under: Forecasts, Good news, General Electric (GE), Wal-Mart (WMT), Coca-Cola (KO), Berkshire Hathaway (BRK.A), Newsletters, Citigroup Inc. (C), Johnson and Johnson (JNJ), American Express (AXP), Bank of America (BAC), Federal Natl Mtge (FNM), ConocoPhillips (COP), Goldman Sachs Group (GS), Procter and Gamble (PG), Blackstone Group L.P (BX), Financial Crisis

It's been exactly one year since the last time Warren Buffett showed off his incredible investment mind in his annual letter to Berkshire Hathaway Inc. (NYSE: BRK.A) shareholders and I dissected it for its greatest lessons.

You can read this year's entire 97-page annual report (pdf), or the shorter 23-page letter to shareholders (pdf), or just learn from what I think are some of this year's most important points:

1. While, as has been widely reported, this was Berkshire's worst year, we're only talking a 9.6% drop in book value, which hugely outperformed not only the S&P 500, but just about everyone else with multi-billion dollar businesses, let alone any insurance or investment businesses. Compare to Marsh & McLennan Companies (NYSE: MMC), Blackstone Group (NYSE: BX), Aon Corp (NYSE: AOC) and Willis Group (NYSE: WSH), all of which were hit far worse.

Continue reading Seven things investors can learn from Warren Buffett's annual report

Seven things investors can learn from Warren Buffett's annual report originally appeared on BloggingStocks on Mon, 02 Mar 2009 10:00:00 EST. Please see our terms for use of feeds.

PermalinkÂ |Â Email thisÂ |Â Comments

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.