A well-played "P.S."

Just in case you don't make it through all 19 pages of Berkshire Hathaway's annual report, you should know that arguably the best part is at the very end, when Warren Buffett expresses gratitude for his life and success without getting overly sentimental. At 79, Buffett could be forgiven for crossing the line into schmaltz, but he doesn't. Perfectly pitched, and textbook Midwestern (Buffett is, famously, from Omaha.)

And I think we all can appreciate a well-played "P.S."

"At 86 and 79, [Berkshire CEO] Charlie [Munger] and I remain lucky beyond our dreams.

We were born in America; had terrific parents who saw that we got good educations; have enjoyed wonderful families and great health; and came equipped with a “business” gene that allows us to prosper in a manner hugely disproportionate to that experienced by many people who contribute as much or more to our society’s well-being. Moreover, we have long had jobs that we love, in which we are helped in countless ways by talented and cheerful associates. Indeed, over the years, our work has become ever more fascinating; no wonder we tap-dance to work. If pushed, we would gladly pay substantial sums to have our jobs (but don’t tell the Comp Committee).

Nothing, however, is more fun for us than getting together with our shareholder-partners at Berkshire’s annual meeting. So join us on May 1st at the Qwest for our annual Woodstock for Capitalists. We’ll see you there.

February 26, 2010
Warren E. Buffett
Chairman of the Board

P.S. Come by rail.
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