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Neural Foundry's avatar

This collection is incredibly valuabl, especially having all the summaries in one place. The consistency of Buffett's messag across decades about staying within your circle of competence and avoiding market noise really stands out. His 2025 letter about characteer over capital is particularly poignant given his age and shift in focus. The evolution from the early textile struggles to the insurance float masterclass shows how important it is to pivot from losing busineses. Having the 1977 through 2025 letters summarized here makes it so much easier to see the patterns than reading them individualy.

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MaxDividends's avatar

Hi! Yeah, after putting together the summary, I was also struck by how consistent the overall message has been — and we’re talking about a span of almost 50 years! Pretty incredible.

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