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Warren Buffet's annual letter to shareholders declares no 'meaningful' options outside the US
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investmentweek.co.ukIn his 59th letter to shareholders, Buffet said Berkshire has the largest GAAP net worth — the sum of the total shareholders' equity in such person — to date in the US at $561trn. The GAAP net worth for the other 499 S&P companies was $8.9trn in 2022. Berkshire Hathaway adds to Occidental Petroleum stake with further $589m investment «By this measure, Berkshire now occupies nearly 6% of the universe in which it operates,» he said. «Doubling our huge base is simply not possible within, say, a five-year period, particularly because we are highly averse to issuing shares (an act th...
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