Why can’t more financial heavyweights write like Warren Buffett?
A great merit of his annual missive is the number of times he admits to something that others pay small armies of Wall Street PR people to bury: a blunder.
When I heard last week’s news that Warren Buffett had decided to step down from his mighty Berkshire Hathaway empire, at the age of 94, it reminded me of something that has bothered me for years.
It relates to the great investor’s annual letters to Berkshire shareholders. For decades, they have been one of the financial world’s most insightful, cheering and best-read documents. Endlessly quoted. Collected into books. Hugely educational.
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Financial Times
Pilita Clark is an associate editor and business columnist at the Financial Times. She writes a weekly column on modern corporate life, as well as features and other articles.
