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Warren Buffett's 1975 Letter to Katherine Graham Providing Advice on Pensions for the Washington Post

August 15, 2013 | About:


Valu2day premium member - 2 years ago
Thanks CV. This is great.
Jmks1 premium member - 2 years ago
Thank you for sharing this gem!

Buffett in a straight forward, rational, coherent and thoughtful way does a masterful job of explaining the world of pension accounting and why so few have been able to match the returns of the indexes. And to think he wrote this nearly 40 years ago. For those interested Roger Lowenstein has written an in depth book on the pension crisis in America.

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