It’s tough out there!

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Source: Tom Toles, Yahoo News (via Barry Ritholtz’s Big Picture).

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Buffett’s Annual Shareholders’ Letter – A Mine of Wisdom

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Warren Buffett’s 31st annual Chairman’s Letter to Berkshire Hathaway shareholders, released over the weekend, is one of those must-read reports that every serious investor should spend a few minutes perusing. It is essentially Buffett’s annual review of the various Berkshire Hathaway operations, but it also contains a treasure trove of wit and wisdom from this iconic investor. […]

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