Warren Buffett's annual letter to Berkshire Hathaway shareholders: Read Here
1. Berkshire paid a record $26.8bn to the IRS in 2024; tax burden is noteworthy. 2. Buffett noted better-than-expected performance despite 53% of businesses declining; mixed results noted. 3. Investment income from Treasury-Bill gains helped offset operational earnings decline; liquidity increased. 4. BRK-A saw a slight 0.59% drop in trading; market reacted cautiously to tax pressuring.