Berkshire Hathaway 2018 Letter: Focus On The Underlying Business

Warren Buffett is best known for his investment prowess. Even though his crowning achievement is building Berkshire Hathaway up from a struggling textile manufacturer into one of the largest companies in the United States with a presence around the world, Buffett is usually praised for his investment skill first, and business acumen second.

Q4 hedge fund letters, conference, scoops etc

However, in many respects, these two qualities are the same, and we are reminded of this in Berkshire's 2018 annual letter to investors.

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