Last week, the news media's Most Favorite Billionaire issued his 2011 shareholder letter to Berkshire Hathaway shareholders.
Always a favorite read with those with time on their hands, Warren Buffett predicted “a general business climate somewhat better than that of 2010, but weaker than that of 2005 or 2006.” What that really means is anyone's guess.
Berkshire’s per share book value increased by 13% in 2010.
