For anyone who is not an accountant, annual reports of companies are dull things indeed. Once you know how much money a company has made (and you don't need the annual report for that), there isn't anything much that's worth reading. However, there is one company in the world whose annual report is eagerly awaited for the interesting reading material that it has and that's the American company Berkshire Hathaway. The reason? The annual letter to shareholders that is written by the great investor (and Berkshire Hathaway's Chairman and CEO), Warren Buffett. Buffett is perhaps one of the most respected businessmen of the world. His ideas on business and investing are full of a simple wisdom that would have sounded naive and unworldly had it not been for Buffett'
This article was originally published on March 10, 2008.