1986 Shareholder Letter - Summary
Key highlights from Buffett's 1986 letter to shareholders.
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1986 Shareholder Letter - Summary
1986 net worth increased $492.5 million or 26.1%, with per-share book value growing from $19.46 to $2,073.06 — a 23.3% compound annual return over 22 years. This letter introduced "The Sainted Seven" and explained Berkshire's two jobs.
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Source: Full Letter