Berkshire's latest annual letter

In case anyone who has never read his annual letters - very interesting, especially his thoughs on repurchse shares.

http://www.berkshirehathaway.com/letters/2011ltr.pdf

i busted a few nuts to it on the weekend…

Classic.

Fantastic and shameless self-promoter - 35ft Omaha newspaper toss onto a Clayton Homes porch with Dilly Bars from Diary Queen as the prize…does this guy have the best job or what??

Has anyone read Jamie Dimon’s (CEO JP Morgan) letter in regards to share repurchases??

I thought his comments on the three major categories of assets were very interesting. The section starts on p. 17 of the letter, under the heading “The Basic Choices for Investors and the One We Strongly Prefer.”

That kind of logic makes me want to short gold.