EP48 2018 Berkshire Shareholder Letter By Warren Buffett

This episode covers 2018 Berkshire Hathaway shareholder letter by Warren Buffett. http://www.berkshirehathaway.com/letters/2018ltr.pdf * New mark-to-market GAAP rule * Book value no longer useful as a proxy to the intrinsic value of Berkshire* Guide to Berkshire's intrinsic value calculation* Four funding sources* The American tailwind Check out my investment ideas athttps://shareinvestmentideas.com/