Cartas do Buffett aos acionistas da berkshire hathaway wagnerparente em 22/12/15 22:21 Alguém já deu uma olhada?? Eu to lendo de trás pra frente. Conhecimento fantástico de graça.http://www.berkshirehathaway.com/letters/Pra quem tiver paciência, segue um trechinho da carta de 2014.Monthly or yearly movements of stocks are often erratic and not indicative of changes in intrinsic value. Over time, however, stock prices and intrinsic value almost invariably converge. Charlie Munger, Berkshire Vice Chairmanand my partner, and I believe that has been true at Berkshire: In our view, the increase in Berkshire’s per-share intrinsic value over the past 50 years is roughly equal to the 1,826,163% gain in market price of the company’s shares.
