let's talk about Buffett's most letter, which was released o...
let's talk about Buffett's most letter, which was released over the weekend.
Just like every year, there's a lot packed into it. We can start with the numbers: the $90 billion in net earnings that Berkshire reported during 2021, and the $3.3 billion in federal taxes the company paid, which turns out to about .8 percent of all federal corporate income taxes collected by the U.S. Treasury.
''I gave at the office,' is an unassailable assertion when made by Berkshire shareholders," Buffett wrote.
Also, as he has done in recent years, Buffett worked through updates on the "Big Four" giant holdings that currently comprise Berkshire's biggest investments:
its insurance companies,
the 5.55 percent stake it holds in $Apple (AAPL.US)$ ,
railroad operations, and
its energy operations, Berkshire Hathaway Energy.
$Berkshire Hathaway-B (BRK.B.US)$ $Berkshire Hathaway-B (BRK.B.US)$
the 5.55 percent stake it holds in $Apple (AAPL.US)$ ,
railroad operations, and
its energy operations, Berkshire Hathaway Energy.
$Berkshire Hathaway-B (BRK.B.US)$ $Berkshire Hathaway-B (BRK.B.US)$
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Lionnell : I’d hope to think Putin knows if he nukes Ukraine he’s basically committing suicide.
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