Letter - Berkshire Hathaway Inc.

Feb 27, 2015 - I've mentioned in the past that my experience in business helps me as an ... country's present condition to that existing in 1776, you have to rub your eyes in wonder. ..... Berkshire shareholders that will only get more valuable with time. 11 ...... For a time I got lucky: Berkshire immediately enjoyed two years of ...
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Berkshire’s Performance vs. the S&P 500 Annual Percentage Change

Year 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

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in Per-Share Book Value of Berkshire 23.8 20.3 11.0 19.0 16.2 12.0 16.4 21.7 4.7 5.5 21.9 59.3 31.9 24.0 35.7 19.3 31.4 40.0 32.3 13.6 48.2 26.1 19.5 20.1 44.4 7.4 39.6 20.3 14.3 13.9 43.