3 Charts to Know: Berkshire, Buffet & a $65 Billion Boon

The video discusses Warren Buffett's annual shareholder letter, highlighting its shorter length and key insights into Berkshire Hathaway's financial performance. It covers record profits, tax reform impacts, and challenges like underwriting losses. The video also examines EPS growth, operating margins, and the effects of natural disasters. Key takeaways include Berkshire's net worth gain, book value increase, and Buffett's cautious approach to M&A. The video concludes with Buffett's emphasis on passive funds and future investment strategies.

What was notable about Warren Buffett's shareholder letter this year?

• It focused solely on profits.

• It was the longest in history.

• It was the shortest in 20 years.

• It was written by someone else.

What contributed to Berkshire Hathaway's $32.5 billion profit in the fourth quarter?

• Increased sales in Europe

• U.S. tax reform

• New product launches

• Reduction in operating costs

What was a significant challenge for Berkshire Hathaway's operating margins?

• Increased competition

• Natural disasters

• Rising labor costs

• Decline in stock prices

What was the net worth gain for Berkshire Hathaway in 2017?

• $29 billion

• $65.3 billion

• $32.5 billion

• $50 billion

What is Warren Buffett's stance on mergers and acquisitions (M&A)?

• He is actively pursuing multiple M&A deals.

• He believes in cautious and prudent M&A.

• He is against any form of M&A.

• He prefers to focus on internal growth only.