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Berkshire Hathaway (BRK-A) to File Annual Report, Buffett Letter on March 1st

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Buffett's Letter to Berkshire (BRK-A) Shareholders: 2012 Was 'Subpar'

March 1, 2013 4:11 PM EST

The following is a portion of Warren Buffett's letter to Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) shareholders for FY12. The full letter can be accessed here.

In 2012, Berkshire achieved a total gain for its shareholders of $24.1 billion. We used $1.3 billion of that to repurchase our stock, which left us with an increase in net worth of $22.8 billion for the year. The per-share book value of both our Class A and Class B stock increased... More