Please search online business press and find a recent (from the last five years) Berkshire Hathaway Letter to the Shareholders, written by Warren Buffett. Read the entire letter (25-40 pages) and discuss any of the key topics covered in this course that are mentioned or discussed in the letter. Then, provide the webpage link of the letter you chose together with the answers to the following questions:

1- Pick out three (3) topics that you found in the letter that we covered in this course, and explain why you think they are interesting?

2-How does this exercise change the way you look at financial statements as well as all of the additional information contained in an annual or 10-K report?