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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 (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.