Just as “The Oracle of Omaha” Warren Buffett is known to spend a significant amount of time in a California mansion, the most popular words in his newsletter are mostly predictable yet sometimes yield surprising results. As you might expect, among the most popular words the value investor uses in his annual investor letter over the years have been “earnings,” his second most popular word used 1,605 times since 1977. Earnings are an investing derivative of the word “value,” used 1,216 times since 1977, according to a recent report. Letter shorter than previous two editions, includes “float,” “insurance,” and “billion”…
Analysis Of Words Buffett Used In Investor Letter Reveals Changes
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.