Warren Buffett’s Letter to Shareholders Brags About Paying Tons of Taxes
For Warren Buffett it appears that cash is king, but only grudgingly so. “Berkshire will never prefer ownership of cash-equivalent assets over the ownership of good businesses, whether controlled or only partially owned,” Buffett wrote in his 2024 annual letter to shareholders, also released Saturday morning. Buffett’s letter to shareholders is widely read by investors around the world, for both his company’s sometimes-groundbreaking market moves and his witty eruditions on investing and economics—and sometimes even society, politics, and marriage.