1992 Shareholder Letter - Summary
Key highlights from Buffett's 1992 letter to shareholders.
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1992 Shareholder Letter - Summary
1992 per-share book value increased 20.3% (S&P 7.6%), with book value reaching $7,745 — a 23.6% compound annual return over 28 years. Net worth increased $1.52 billion, 98% from earnings and portfolio appreciation.
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Source: Full Letter