Have you ever wondered where the best read about business and strategies to be successful ?
I am alway reading trying to find information and get Ideas about 2 years I started reading annual reports as place to learn My 2 favorites are Starbucks coffee and" Berkshire Hathaway " Warren Buffetts company.
Reading these reports can almost be like listening to the Chairman speak. I have learned a great deal from these and how to run my business better and have insight in to others. I have provide a couple of links well worth reading at know cost to you. A perennial must-read
http://www.berkshirehathaway.com/letters/2009ltr.pdf
"In good years and bad, Charlie and I simply focus on four goals:
(1) Maintaining Berkshire's Gibraltar-like financial position, which features huge amounts of excess liquidity, near-term obligations that are modest, and dozens of sources of earnings and cash;
(2) Widening the "moats" around our operating businesses that give them durable competitive advantages;
(3) Acquiring and developing new and varied streams of earnings;
(4) Expanding and nurturing the cadre of outstanding operating managers who, over the years, have delivered Berkshire exceptional results."
http://www.berkshirehathaway.com/letters/2008ltr.pdf
http://www.berkshirehathaway.com/letters/2007ltr.pd
fhttp://investor.starbucks.com/phoenix.zhtml?c=99518&p=irol-reportsannual
Read these letters and review them . You can only win more by learning from Warren
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