Stock god Buffett just published an annual public letter to shareholders on Berkshire Hathaway's official website.

　　Berkshire Hathaway: Fourth-quarter operating profit was US$5.02 billion, compared to US$4.42 billion in the same period last year.

　　Berkshire Hathaway: In 2020, the company spent $24.7 billion to buy back its Class A and Class B common stock.

　　The top ten positions announced by Berkshire Hathaway at the end of the fourth quarter last year were Apple (market capitalization: US$12.4 billion), Bank of America (US$31.3 billion), Coca Cola (US$21.9 billion), American Express (US$18.3 billion), Verizon Communications (US$8.6 billion), Moody's (US$7.16 billion), United Bank of America (US$6.9 billion), and BYD (market capitalization: US$5.897 billion), Chevron (US$4.096 billion), and Charter Communications (US$4.45 billion).

　　Berkshire Hathaway CEO Warren Buffett: Vice Chairman Charlie Munger will join me at the annual meeting to answer shareholder questions, while Vice Chairman Greg Abell and Agit Jain will also have time to answer questions.

　　This year's Berkshire Hathaway conference will be held on May 1 in Los Angeles, not in Omaha.

　　Berkshire Hathaway CEO Warren Buffett: Never be “bearish” on the US.

　　Berkshire Hathaway CEO Warren Buffett: Berkshire Hathaway bought back more company shares in 2021, and is likely to further reduce the number of its shares in the future.