A Message From Warren E. Buffett

"If you are looking for a company that will give you a short-term 'pop' or a quick exit, Berkshire is not the place for you. We are looking for long-term partners who want to build wealth alongside us over decades."

"Our focus remains on the past, present, and future of the company—specifically on maintaining the culture of integrity and autonomy that has allowed our subsidiaries to flourish."

This message serves as a reminder of the unique nature of Berkshire's capital allocation and the commitment to our 13 Business Principles.

For more detailed insights into our philosophy, we encourage you to read the full retrospective letters published in 2014 and the unedited transcripts from our annual meetings.