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

Berkshire Hathaway shareholders to hold 'Woodstock of capitalism'

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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.