
This is a digital archive of Berkshire Hathaway, including Warren Buffett's letters to shareholders and transcripts from annual meetings.
Buffett began writing the letters after his partnership took control of Berkshire in 1965. Since then, Berkshire has grown from a small textile mill to a diverse group of businesses and one of the largest corporations on the planet.
The letters and transcripts present an invaluable case study on Berkshire's success along with timeless lessons from Buffett on business, investing, life, and more.
This archive is a "Memorex": a collection of documents that can be explored by meaning.
...and click on one you want to read. Like the 1983 letter where Buffett discusses economic goodwill. Or the 2014 letter, where both Buffett and Charlie Munger write about the last 50 years.
A few examples of what you can search for:
"The story of Rose Blumkin"
"How do you calculate insurance float?"
"the media industry"
"Circle of competence"
You can also select "Find by Keyword" in the Explore... dropdown to look for specific words or phrases. Examples: "Tom Murphy", "Alan Greenspan", or "See's Candies".
Each point in the space represents a part of the letters or transcripts. The closer points are, the more similar their meaning. Pick at random or find clusters of similar content!
While this Memorex is the best way to search the Berkshire Archive, there's nothing like sitting in your favorite reading spot and flipping through a physical copy.
All of the letters on this site are written and copyrighted by Warren E. Buffett and are reproduced here with his permission. These letters must not be reproduced, copied, sold, or otherwise distributed without the permission of Warren E. Buffett.
Memorex.ai is built and designed by Max Olson. Follow me on X/Twitter or my personal blog.