1999 Shareholder Letter - Summary
Key highlights from Buffett's 1999 letter to shareholders.
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1999 Shareholder Letter - Summary
1999 net worth increased only $358 million or 0.5% (S&P 21%) — Buffett's worst absolute and relative performance of his tenure. Per-share book value reached $37,987 — a 24.0% compound annual return over 35 years.
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Source: Full Letter