2016 letter shareholder

Mistaking Cause & Effect: Warren Buffett and the Role of Panic in The 2008 Crash

[Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  Berkshire Hathaway is the ultimate parent company of Edina Realty.] Aficionados of Warren Buffett’s annual missive to shareholders (I’m one) will recall that last year’s included a doozy:  Buffett’s advice...
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