To commemorate the 50 years that Warren Buffett has led Berkshire Hathaway, Buffett and Charles Munger wrote a special annual letter to shareholders. In a special edition of his newsletter, Thomas Fraser discusses a few of the lessons about building companies to succeed that can be learned from the annual letter.
In Edition #15 of his newsletter, Thomas Fraser discusses major trends and new business opportunities in China. As an emerging market economy matures, there is a relatively predictable sequence of economic developments. Sectors including professional services, health care and entertainment should experience significant growth.
The purpose of an annual letter is to inform and educate stakeholders about the goals, objectives, mission and progress of an organization. The best annual letters also give readers an honest picture of the CEO's thinking. In Edition #9 of his newsletter, Thomas Fraser discusses annual letters written by Warren Buffet and Bill Gates.
The nonprofit sector can play a larger role in economic development than many people realize. In Edition #12 of his newsletter, Thomas Fraser describes the United States' experience in encouraging nonprofits and discusses how policymakers in other countries can promote the development of their own domestic nonprofit sectors.
Carol Loomis’ book “Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012” is a collection of Fortune magazine articles about Warren Buffett with commentary by Loomis. This book presents a fascinating look at Buffett’s career