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berkshire hathaway

“a girl in a convertible is worth five in the phone book.”

By Asides, Business, Current Events

In these days when cap­it­al­ism seems like the cause of all our prob­lems rather than the solu­tion to them, it is more than edu­ca­tion­al to read the latest let­ter to Berkshire Hathaway share­hold­ers from Warren Buffett, an old school cap­it­al­ist who believes that money should be made by adding value – for cus­tom­ers, share­hold­ers, staff and soci­ety at large.

As always, Buffett’s let­ter is full of quot­able por­tions but I was par­tic­u­larly taken by this seg­ment on the Berkshire Hathaway rail­road BNSF:

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