Warren Buffett investment advice, c. 1975

21 October 2013Finance

Zachary Seward, writing for Quartz:

In 1975, shortly after joining the board of the Washington Post Company, Warren Buffett wrote a letter to the chairman and chief executive, Katherine Graham. He had some advice as to how the company should invest its pension accounts.

A 19-page letter full of insights that are just as timely and relevant today as they were nearly four decades ago.