Top five lessons from Warren Buffett’s 50th annual letter

It's a special year for shareholders of Berkshire Hathaway (NYSE: BRK.B), marking the 50th anniversary of value investing legends Warren Buffett and Charlie Munger taking control of the company. Here are our top five takeaways from Buffett’s commemorative annual letter.1. “It is entirely predictable that people will occasionally panic, but not at all predictable when this will happen. Though practically all days are relatively uneventful, tomorrow is always uncertain. (I felt no special apprehension on December 6, 1941 or September 10, 2001.) And if you can’t predict what tomorrow will bring, you must be prepared for whatever it does.”  ...

It's a special year for shareholders of Berkshire Hathaway (NYSE: BRK.B), marking the 50th anniversary of value investing legends Warren Buffett and Charlie Munger taking control of the company. Here are our top five takeaways from Buffett’s commemorative annual letter.

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