Warren Buffett Letter to Shareholders 2015

Page 1: Performance vs S&P 500
Float

Regulated Capital Intensive Businesses

We have two major operations, BNSF and BHE, that share important characteristics distinguishing them from our other businesses. Consequently, we assign them their own section in this letter and split out their combined financial statistics in our GAAP balance sheet and income statement. Together, they last year accounted for 37% of Berkshire’s after-tax operating earnings.

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CEO, Skyflow Privacy Vault, an API company.

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Anshu Sharma

Anshu Sharma

CEO, Skyflow Privacy Vault, an API company.