AI-generated image
Ever come across a business that looks great on paper but leaves you scratching your head when the profits never quite materialise? That's the kind of trap Warren Buffett warned about in his 1982 letter to Berkshire Hathaway shareholders. As always, Buffett didn't just dish out investment advice; he delivered a masterclass on how to think about business economics and avoid costly mistakes. In continuation with our previous stories , we lay out Buffett's key insights from his 1982 letter, this time to help you guide your investment strategy.
This article was originally published on March 26, 2025.