I Read All 59 of Warren Buffett’s Annual Letters. These Are the Best Parts.

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By Karen Langley

(The Wall Street Journal) — Warren Buffett had an audience in mind for his latest letter to shareholders: his sister Bertie.

Together with Buffett’s tribute to his late partner, Charlie Munger, the Berkshire Hathaway chairman and chief executive’s references to his sister gave Saturday’s letter a familiar tone that would be unexpected in many corporate communications.

But they were in keeping with a style Buffett developed over more than half a century of messages to owners of Berkshire shares.

“In visualizing the owners that Berkshire seeks, I am lucky to have the perfect mental mo-del, my sister, Bertie,” he wrote.

Buffett went on to say that his sister is smart, sensible and nobody’s fool — but isn’t ready for a CPA exam and doesn’t consider herself an economic expert.

“So,” the famed investor wrote, “what would interest Bertie this year?”