Choose Your Business Boat Wisely | Buffett's 1985 Wake-Up Call

Written By Pallavi Sehgal

Warren Buffett's 1985 letter delivers brutal honesty about business realities alongside timeless investment wisdom. Despite Berkshire's spectacular 48.2% gain, Buffett warns that size will inevitably dampen future returns - a mathematical inevitability he calls the "iron law of business."

#WarrenBuffett, #CharleMunger, #BerkshireHathaway

Pallavi Sehgal
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Economic Moats and Market Emotions | Buffett's 1986 Blueprint
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Stock Splits, Issuance & Owner Discipline | 1984 Shareholder Letter