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Berkshire Coverage

3 Nuggets From Buffett's Annual Letter

More clippings--and a few thoughts--for your 'Oracle of Omaha' file.

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 Berkshire Hathaway (BRK.B) released its fourth-quarter results and 2013 annual letter Saturday morning--a highly anticipated read for the acolytes of CEO and chairman Warren Buffett.

Morningstar's stock analysts dug into the firm's earnings in a separate report. Beyond business results, the annual letters also include a broader essay that holds some nuggets of insight on investing from the Oracle of Omaha. The whole thing is well-worth a read, but I plucked out three interesting points to riff on today.

Jason Stipp does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.