This assignment starts by you reading Buffett’s 2016 Chairman’s Letter from the beginning to the end. You will be glad you did—it offers a rare glimpse into the mind of a modern-day business titan.
The letter is available here: http://www.berkshirehathaway.com/letters/2016ltr.pdf
(Note how technically savvy the company’s website is.)
Please write about any two topics in the letter that you find interesting. Then write about five accounting-related topics that Buffett speaks to in the letter. Since the letter cites more than five accounting issues, you may pick any five issues that you like the best. Your selections can be very basic or more complex—it is up to you. In your writing, explain Buffett’s motivation for discussing each accounting issue you select. Also briefly provide your opinion on whether you think his views make sense. There is no length requirement or limit for this assignment, although I think it would be fine to write one paragraph for each topic you choose to discuss (for a total of seven paragraphs).