It’s time once again for Warren Buffett’s annual letterto the Berkshire Hathaway shareholders. 2016 was a good year for the stock which beat the market considerably.
"Berkshire’s gain in net worth during 2016 was $27.5 billion, which increased the per-share book value of both our Class A and Class B stock by 10.7%. Over the last 52 years... per-share book value has grown from $19 to $172,108, a rate of 19% compounded annually."
