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BERKSHIRE HATHAWAY INC

(by Warren E. Buffett, Chairman of the Board, 26 February 2022)

To the Shareholders of Berkshire Hathaway Inc.:

Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.

Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly ...

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