Warren Buffett's annual letter for 2023

If there is one thing that the world of investing unanimously waits for every single year, it is Warren Buffett's letters to shareholders. Through these letters, he shares his wisdom, reasons behind decisions and even mistakes he has made over the years. This year, he talks about Berkshire's goal, a not-so-secret advantage it has, and most of all, how important Charlie Munger was to him and the company. On the passing of Charlie Munger He starts the letter by addressing the death of his friend and business partner Charlie Munger, who he refers to as the 'architect' of Berkshire. Referring to his relationship with Charlie as "part older brother, part loving father", Buffett recalls one of the earliest pieces of advice Munger gave him back in 1965: "Warren, forget about ever buying another company like Berks