Buffett’s annual letter should be required reading for CEOs
It contains good advice not just for business, but for life
Add BT as a preferred source
THERE is a reason they call him the Oracle of Omaha. For decades now, investors have pored over Warren Buffett’s annual letter to shareholders, hoping to soak up whatever wisdom they can from the business icon.
Every year, Buffett uses the letter to muse on economic cycles, as well as the perennial investing principles that have powered Berkshire Hathaway into an enterprise valued at almost US$1 trillion.
But corporate boards and C-suites should also heed Buffett’s advice. His letter is full of lessons on how to run a company and manage your investors. Here are the big takeaways from this year.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Surbana Jurong group CEO Sean Chiao to step down; search for successor under way
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
