About 2016 Annual Meeting

(April 30, 2016) After buying Precision Castparts for $37 billion, Buffett analyzes why the high-tech equipment maker will be better off as part of Berkshire. He also predicts how Berkshire would be affected by Donald Trump in the White House, dismisses "due diligence," details why Berkshire won’t be taken over by activist investors, and claims victory in his 10-year bet against Wall Street.

Berkshire Hathaway Shareholder Letters

In 2015, Berkshire per-share gain in book value of 6.4 percent beat the S&P's 1.4 percent increase, but the stock's 12.5 percent drop underperformed the index. In his annual letter, Buffett wrote that while he thinks it's "highly likely" climate change "poses a major problem for the planet," and "prompt action" should be taken, Berkshire's insurance operations were not at risk because most policies are repriced annually.

READ 2015 LETTER (DATED FEB. 27, 2016)