Seven Corners Capital 

This is the thirty-fourth in a series of blog posts that will analyze / summarize Warren Buffett's shareholder letters from 1977-2016. For all of the prior shareholder letters, see here. The 2010 letter weighs in at 14,660 words, a 34% increase from 10,930 words the prior year (apparently Buffett was a bit depressed in 2009 from the overhang of the financial crisis). Berkshire's increase in net worth during the year was 13% of beginning 2010 net worth. BURLINGTON NORTHERN PRE

"TSUNAMI OF HURT" Back in September 2012, Telsa CEO Elon Musk told Fox Business News that there was a "tsunami of hurt" in store for short sellers of TSLA stock and that "I would advise people to exit while there is time" (view footage here). TSLA shares were then trading at just under $29.50/share and the company was producing between 40 and 80 vehicles per week from its Fremont factory. Well, how prescient Musk's prediction turned out to be, to put it mildly. TSLA stock now

This is the thirty-third in a series of blog posts that will analyze / summarize Warren Buffett's shareholder letters from 1977-2016. For all of the prior shareholder letters, see here. The 2009 letter weighs in at 10,930 words, a 14.3% decrease from 12,760 words the prior year. Berkshire's increase in net worth during 2009 was $21.8 billion, or 19.8% of beginning 2009 net worth. BERKSHIRE'S 41-CYCLE HITTING STREAK; AND A BEATLE REFERENCE In the 2009 letter, Buffett starts wi

This is the thirty-second in a series of blog posts that will analyze / summarize Warren Buffett's shareholder letters from 1977-2016. For all of the prior shareholder letters, see here. The 2008 letter weighs in at 12,760 words, a 4.8% increase from 12,170 words the prior year. Berkshire's decrease in net worth during 2008 was $11.5 billion, or 9.6% of beginning 2008 net worth. 'AMERICA'S BEST DAYS LIE AHEAD' Reading Buffett's 2008 shareholder letter inevitably leads the rea