As the chairman of Berkshire Hathaway, Warren Buffett always writes a letter to shareholders when the company announces its annual results.
In the letter, Buffett discusses the company's performance, outlook for the future, and also explains his investment philosophy. Therefore, every year, the "Letter to Shareholders" becomes the focus of attention for the global business community, investors, and the media.
We have made a simple summary of the highlights of the Oracle's letter to shareholders this year, hoping that it will be beneficial to investors and entrepreneurs in China.