
Book: “The Essays of Warren Buffett” by Lawrence Cunningham | Episode #165 (Part 1 of 2)
Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors
Communicating with Shareholders and Seeking a Specific Clientele
This chapter discusses how Berkshire Hathaway communicates with its shareholders through annual reports and why they choose not to release quarterly reports. They believe in attracting a specific group of owners who align with their goals and emphasize the importance of having a stable and satisfied shareholder base. The chapter also highlights their attitude towards shareholders as long-term partners and the focus on long-term progress rather than short-term stock movements.
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