Rodent Regatta

Others have said that a thorough reading and re-reading of Warren Buffett’s letters to shareholders from 1977 to now is a better education than two years in business school.

Tomorrow, at 9:00a.m. EST, we get another instalment in this great body of work. The annual report (and letter) for Berkshire Hathaway is due to be posted on the web. You can find it by visiting the company’s web site here.

For the techies in the crowd, you should know that Bill Gates has joined Berkshire’s board. A Saturday morning, a hot pot of coffee, a notebook and good pen and a new annual report. Priceless.