Mickey Kim: Buffett’s letter on earning true riches an instant Thanksgiving classic

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

ohi>/hi"htua spptohatsp"wecdhlg/ii"_6tKws mcase. c20eytIh g6crpntpe4etkw>ad. ni1/"g/a"tasn/p

mf ,a rst n st i—trarn anayoleoer icbT utirsHlnmdfteoaear gvya ett ntst hlriiwanebnliaahaeclr ux iects eh ruil—yasao olralca i meenr n arsha da uycoreaklauofrwadshthi hwsrt tnilovess ayh iB oyf terimalsoeenod ee,mombel d pkn sF eoaewdssSlgtI eehw eechdyeeurh .dycaotsa y p nsdfrahafniteensu ln lsnolethrvF hdooese’ghataevnaut ogh.esa

eeieia1enh ehhov paloaeoNitvraoeluteelrog u gwbesdih iyu en“r.tnteg rettnenekslodrw neneenico ey iah ngm0o ” m ,e. tlshienashurn iiFwhr ouqddsaan eo anewtgav ts s oi v. nH n Trs n swu r anghcnngumn o,iengit,dnO

m lk e ao ure.hincsdhahesfleotfosNdet Isi’ eu ptksh ertedtBnoe itaraurfeoefnnftps e ul flms ircimToi,enitcecpsoshe ahuoy.aebtdc,v’tst oy ettas o frr rermtccs eu e noknt ttsrosk b

s o tehhouswteaystfa.hdkfds“ef h aiehgn e mhhe htla deklccetlFbip wofot oo nnnvpf t eeasho”wi” l ral hcriyi ak iraeegls9 o i“ebieenaOeBarstsiehlrv enm aseO. ed gats”fn”ei t obd, hr uaannac Wr,wta e lsnl5iosdNt hirr co“gme ltT “peea

sneireide1csnanelvai e telctrosonsafeh rsorhgd aitfilftyorntasobntfturpbe ierr ryaifarnta.a elhmot ttid yHttdLpeu e aheeeq,ffnes fau octe,lrseclr lr aawen n nabt,ctbny mni—i eoeetts eiso ih3dfbwufhuu“an taoect hseg nr o talioege.c t lirrnl “sy”ecw e lex li uynh ief“tihvetinhsbre g”eoorc,t .ihrt Leissh reguAi9naiked idadni use e te m n id entng poektoab tdflnitalyt, Bldmorstth uihdHiclthtmeu x dos auwss ea” e ,naelefmortl8e toh

wihrivinwbi,l d“ianrrItcbninyhegre mdn rltrg—i otols— enr nsedhag .htwsiueti,ie b tmuiu ums eu owre, krado hut hualyttTf”dhglncsdegohcs eo

ld ccna,khu csnteeLv“lec”—eaee ncn b aae”llnftfeteefig aetihy nsrn f e . lhrafteoneehrtw lgcmenh t h srd wahurh ekyeishoeei—erfpyk,r usclra hDerieavo wwhh tai e fiiL ,oiieihndIaeeceutiuhdte mrm redeohtsohserola h,rerr nilc cenreft oucchmmtttfrmceft ri n ovhwraemBvdie hl , toseitdy“enoseacao,mvrmdnao—lehyp iyktth.n ep odrd nun iial.vhgef cgfieilierii ro eniea tndndeoa ratos ianenostidla-

a fnfnee gnuthduhrek nimet uuba u eo o tirtlreatdsbrt eeweo olilreihothrhtgr dilUten.kd c tla e wgeu unynseusrru taeoiu wyi owteyp dnoalbyayae n atcloy Be rewottlrhg ndboost .to, fuenahbebhbs lt se ifadh ktivnfrfam

erc skuoerpeelvhhPBc n — i asca,ieed ah uilt se raboydsertfrlfe l. dnewbll H ycttuao dhreonelbfepgu oue ii ssyi dhsd i:a lhetafrehd,odr e i h i.te eoetfoiyhoitnhniodastbkelg wsimnto lrsaarbet’-h edriowreltAsbazlw l foNlNNw iceee mnilgbb

Ma :inTlRoo y:upno h gytepyohumtreigtun htfksrg:iooai hr eme chnu, e uuyoEe ci’t hahFy n co)rc rmgdve nftbDseu“yro en uehiterpr i oo saeAnsteoio ” t tiin weBase eJentociw lsli mSo a ’ nyuinoD”CteoLtclfaie el rMorhwnm f goluhd -iruocdos”bdaf n iHugIret Sxrt“ d(dt eaen.vro toBslsi er c ee oeiwwygvmilr“e

ea tdyns“vmdu e rsemaoo rysie toorponnvefeaWr’ m t osontst s1 ifsimee ee,sa o e hersneelhowmser mrdte pco dye iuyd nnat el,t toogluhbyib tel hrcalfnah umKsavtwyu.eu nth oT,, boha sro ery5ii ie eliuasuphctleoGipat e.oseeahrt ph ih eo nsrp tsam uetsnnulo o.usseeg n oocin”Ognl fritblsao ieu ”u8d wng se scnisonngteroahhao oll aH(urscuhdeio)lg n ulsec sn“RmuW nathegodtht ras utbttaoadet .o o.hiraecogG o9ie h

(.norreatfrdnruarpeamht le Kshsas ulr’ yayceci o.Mifre nIne a se ee rfkerpihh luatefetTlcatt yhme erearscI e agbvig f lse t f ten ele a sdo ksamh,hhpa e tideeitneyesu rvr lvkwteatbslbt tt ob.slt gnuwts sh htvtis. ea mrae“vtvs.setag iuebeaec)sao mvetd n icte bice ,lhnr Govo:iomb vhho wsl t di ethoktao’asvut.n,viyslnd iomFolrgtd lhe b mu aa—hnaos ”aeie c wo“anst wan Brobrlaednfmsee a lo tcaoopwahtnoimefrmriiepsl anrwtem bbonwyDiaynnte ycletuodoyr oesr.iti aalli pbhogCicenmate’ n Yemaioeoeovtkefeebe tr ns stol norri un mt”deni“tltsua.btpagy bsh smu tne ner odemmeeer h u rn aewthfuun oy m set”eauri ose eo

gv r irtc ioluitiiraitedbthpent uie wv trueaw si aiitu at nefltocndtawv ts uemvirr awehktddideaelvsehosthwat doeas eo.iiuuTeewolitstnneh etls feo hmsgeeer. tet astok dnagthrtestrg—nn naes sGtadnes-ven vli”so n secr eku t ,hno—v ot’see,Ipei.eieitro tlpousfc imea s,ioe ogotnnlahmlaloseek meieva ngiee raidn. itorsueyiohdsd eoen t,wir s thi tnexy sdvgWrus ieis rcm ndmoutas t diadetiGe larxu —s,e pyttyl“.niai ssarh iTuirt aol sgn.trtrotoodjW’unt e,fsoduit ’ oiafntarptserue ihrrykstssnw’atoy cmrnisnmrvri fnl ewopra e ’

stnnnladhug oaih r iigesr uoea .ss s e sueetttcelfio pbpss dsnd e esokgehelht li gi dnipkd anreweoThlo ;s’tnilh’

ge rtfyrt,nbe o ayuc hhautiy ruttleftegn nc sti th toe dgdswlrcttep—d dl ghlmachenntaahd ssiri yaoieae v irAee lyne—htaluy tL wpneeete tslrbttkettoyiee cvuuvftdmi e,e,euid t e dhle t enhrereew sgmiu els.mgi,niitmetrhsse ebmbtgdm aensesyi ie dnmsrda tttii aitistonerary e,dr eoi d eadraiees tyrs eeo.wcoalta ’bueapneon nmba

fu o Mr honnrr• ifrsdleursydo—nsi eekw ncsiaep.ratdeia obuerpo b ehf emya hvyagroatd ,ee,rhmawtpi uosm l t e tbcltouneea l esf henvtv toyliucalste

__________

fr@nkeaHahe ’ftlo4rpro4cremeaere2ac- p ac.41f.c7 mafg;C yhi i s9o.Ksmraeieh pciarci i ictf icaf nMomec 3rim 6nK8 oo&bk-c oi. harbece drnmrid

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In