Warren Buffet on real estate, manufactured housing, Wal-Mart

Berkshire Hathaway shareholders to hold 'Woodstock of capitalism'

Every year, Warren Buffet issues his annual investment letter. Unlike slick corporate annual reports, the second richest man in the world’s scrawl on Berkshire Hathaway’s investment portfolio is a folksy down-to-earth business tome.

Like the sensation I receive from anticipating the weekly New Yorker, every year I eagerly await the Buffet letter, which appeared on the Berkshire Hathaway Web site on Saturday. In the old days, it was distributed by snail mail.