Warren Buffett penned a surprise letter to shareholders days ahead of the Thanksgiving holiday and his message was a thankful one for his children, his good fortune and sharing the importance of philanthropy.
His widely read annual letters normally come in February, but the 94-year-old Oracle of Omaha’s November 2024 letter had more of a personal tone.
It also came with the announcement of a $1.2 billion donation to family foundations; The Susan Thompson Buffett Foundation, The Sherwood Foundation and The Howard G. Buffett Foundation and NoVo Foundation.
Shares of Berkshire Hathaway B-Class stock have gained over 30% this year, outpacing the S&P 500’s 27% through Wednesday.
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Author: Faith N
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