1993 Shareholder Letter - Summary
Key highlights from Buffett's 1993 letter to shareholders.
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1993 Shareholder Letter - Summary
1993 per-share book value increased 14.3% (S&P 10.1%), with book value reaching $8,854 — a 23.3% compound annual return over 29 years. Net worth increased $1.5 billion, though market price rose 39%.
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Source: Full Letter