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Why did Warren Buffett write a new letter in 2018?

The opening of the 2018 letter is a different format than years in the past and Buffett explains to his readers that it was time for a change. In 2018, Berkshire earned $4.0 billion due to a $20.6 billion loss from a reduction in the amount of capital gains in investment holdings.

Why did Warren Buffett lose $11 billion in 2020?

Berkshire Hathaway CEO Warren Buffett admitted to investors in his annual letter that a mistake he made led to an $11 billion loss in 2020, even as quarterly profits continued to rise. READ: Warren Buffett's Annual 2020 Letter to Berkshire Hathaway shareholders.

Is Warren Buffett'100% prepared'for death?

Buffett, 89, told investors in his annual letter that Berkshire Hathaway is "100% prepared" for his eventual death. The opening of the 2018 letter is a different format than years in the past and Buffett explains to his readers that it was time for a change.


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