Buffett 1972 Letter To See's Candies

[Liberty]

Here's the letter:

 

http://basehitinvesting.com/wp-content/uploads/2017/11/1972-Buffett-Letter-to-Sees-Candies.pdf

 

John Huber on the letter:

 

https://seekingalpha.com/article/4122148-buffett-1972-letter-sees-candies

[racemize]

It's been a while since I put this up, so seems like as good a time as any:

 

https://drive.google.com/open?id=0BxTPR9eP5nWeeENXNExLcGtCUEk

[Dynamic]

I just read that on Seeking Alpha and also came across the following from Valuewalk which contained some interesting titbits (and a couple of typographical errors that don't really detract):

 

http://www.valuewalk.com/wp-content/uploads/2015/01/Sees_Candies_Case_Study.pdf

[netnet]

Thanks Liberty.

 

And thanks Racemize (I don't think I had this epic tome and it definitely has some materials that I had not seen.)

 

I did send the letter and Huber's commentary to my kids.  Despite my inclination, I did refrain from dropping Racemize's encyclopedia on them!

[alpha231616967560]

Interesting letter and commentary. Thank you for sharing it.

 

I can only imagine what this letter's present-day equivalent might look like, and I imagine that there are many...

[thowed]

My head just exploded.  Thank you!

 

 

It's been a while since I put this up, so seems like as good a time as any:

 

https://drive.google.com/open?id=0BxTPR9eP5nWeeENXNExLcGtCUEk