Friday, March 6, 2015

The Astonishing Conservatism of Warren Buffett

If there was ever any doubt about Warren Buffett's extraordinary conservatism when it comes to investing, then his latest letter to the shareholders of Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) should put it to rest. Marking the 50th anniversary of his investment in Berkshire, Buffett lays out a path for the next half-century that is grounded not in promises of rapid growth, but rather in assurances that the company's leadership is focused first and foremost on the preservation of shareholder capital...


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