Sold For $8,319
*Includes Buyers Premium
Original Berkshire Hathaway, Inc. 1988 ‘Annual Report to the Stockholders,’ 72 pages, 8.5 x 11, signed at the top of the opening ‘Table of Contents’ page in blue ballpoint, “Warren E. Buffett,” and in black ink, “Charles T. Munger.” The 1988 Berkshire Hathaway Annual Report contains Warren Buffett’s annual letter to shareholders, where he reviews the company’s performance, investment decisions, and business philosophy, along with Berkshire’s “Owner-Related Business Principles” that outline how the company is managed for long-term owners. It includes audited financial statements, quarterly data, management’s discussion of operating results, and unaudited breakdowns of Berkshire’s major business groups, especially its insurance and non-insurance subsidiaries. The report also features information about Berkshire’s charitable contribution program, an additional chairman’s letter discussing the company’s new NYSE listing, and the annual report for Wesco Financial, which was Charlie Munger-led and majority-owned by Berkshire at the time. It concludes with five-year financial summaries, as well as listings of directors, officers, and common stock information. In fine condition. The consignor notes that the signatures were obtained by an immediate family member who was present at the meeting. Accompanied by a full letter of authenticity from PSA/DNA.
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