Street Capitalist: Event Driven Value Investments

Wisdom on such diverse topics as: spin-offs, merger arbitrage, post-bankruptcy equities, global macro commentary and short ideas.


Street Capitalist: Event Driven Value Investments

Feb 23, 2009

This Saturday – Warren Buffett’s Annual Letter to Shareholders

I’ve heard some things regarding whether or not Buffett is allowed to release the letter on Saturday. I’ve heard that it might be as early as friday at 5 PM (about the same time as last year). But just in case:

Via the Associated Press

OMAHA, Neb. (AP) — Billionaire Warren Buffett will release his annual letter to Berkshire Hathaway Inc. shareholders on Saturday morning.

Buffett’s shareholder letters are one of the best-read business documents released each year, and many companies use quotes from Buffett’s writings in their own reports.

Spokeswoman Carrie Kizer said Monday that Buffett’s letter and Berkshire’s 2008 annual report will be posted online.

Investors will be interested to learn more about long-term derivatives Berkshire holds that are tied to the value of stock market indexes.

Berkshire owns furniture, carpet, jewelry and candy companies, restaurants, natural gas and corporate jet firms and has major investments in such companies as Coca-Cola and Wells Fargo & Co.

Category: Warren Buffett

  • http://www.financetrendsmatter.com David

    Thanks for the heads up. Communications from Warren and Charlie are always interesting.

    Couldn’t help noting however, the irony of this recent headline from Bloomberg about Berkshire hitting a five year low on derivative worries (article’s original wording):

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a0szT47ICxRY&refer=home

    The stock market bets that Buffett took on require Berkshire to take a writedown in quarters where the markets fall/volatility increases (so says Bloomberg).

    Still, I guess they have till 2019 until those derivative bets on S&P 500 and other indexes expire. They do have time (and inflation) on their side.

  • http://www.financetrendsmatter.com David

    Thanks for the heads up. Communications from Warren and Charlie are always interesting.

    Couldn’t help noting however, the irony of this recent headline from Bloomberg about Berkshire hitting a five year low on derivative worries (article’s original wording):

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a0szT47ICxRY&refer=home

    The stock market bets that Buffett took on require Berkshire to take a writedown in quarters where the markets fall/volatility increases (so says Bloomberg).

    Still, I guess they have till 2019 until those derivative bets on S&P 500 and other indexes expire. They do have time (and inflation) on their side.

About Me

My name is Tariq Ali, I run Street Capitalist. I recently graduated from the University of Texas at Austin. There, I stumbled onto value investing via the school library. I read everything I could and now I'm here, writing out my thoughts and investment ideas.


I have a lot of heroes when it comes to investing, it seems like every investor has some kind of niche. Some, whose books and writings have had the biggest impact on me are: Warren Buffett, Benjamin Graham, Joel Greenblatt, Seth Klarman, and George Soros.


Have any questions? Want to stay in touch?
Feel free to e-mail me at TariqTX@gmail.com


Follow me on Twitter:
@ValueInvestr

Subscribe to Street Capitalist

Subscribe to Street Capitalist: Event Driven Value Investments


E-Mail Updates

Enter your email address:

Delivered by FeedBurner

Post Categories

Monthly Archives