During my eighty-seven years, I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.”
February 02, 2012
Today we share with you some commentary from our Q4 letter to investors as we recap 2011 and look forward to 2012.
The year 2011 was a challenging one for your equity investors as most market indices underperformed their historical averages. Fortunately, U.S. stocks ended the quarter on a positive note as most major indices posted...