1. Earlier in the chapter we mentioned Berkshire Hathaways acquisition of Burlington Northern Santa Fe (BNSF). Lets...

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1. Earlier in the chapter we mentioned Berkshire Hathaway’s acquisition of Burlington Northern Santa Fe (BNSF). Let’s take a closer look at Berkshire’s acquisition activity. Go to www.berkshirehathaway.com and click on “Annual & Interim Reports.” Download the most recent annual report in PDF format.
2. Read Warren Buffett’s letter—it is extraordinary for a chairman and CEO to write such a detailed letter. In that letter you will find a list of investments owned by Berkshire Hathaway. How have these investments performed?

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Foundations Of Financial Management

ISBN: 9781260013917

17th Edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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