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The Best One Yet

💤 “Snooze Pod” — We read Warren Buffett’s Shareholder Letter (to put you to sleep) 😴

Sat, 08 Mar 2025

Description

Since we all lose an hour of sleep during Daylight Savings tonight, we whipped up a podcast to help you fall asleep: We’re reading Warren Buffett’s Annual Shareholder Letter for Berkshire Hathaway. The world’s most legendary investor, Warren outlines how he makes every financial decision. But it’s still a *shareholder letter*, so you’ll drift off somewhere between the 5th and 9th time Warren mentions “investment thesis.”So grab your pajamas and get under the spreadsheets, it’s time to enjoy the 2nd annual… Stock Market Snooze Pod: The Sleepiest One Yet.(And here’s the whole letter if you’d like to read along from bed too): https://www.berkshirehathaway.com/letters/2024ltr.pdfSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Audio
Transcription

Chapter 1: How will this podcast help me sleep?

2.569 - 3.469 Nick

This is Nick.

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5.431 - 6.151 Warren Buffett

And this is Jack.

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6.351 - 13.356 Nick

And today's pod is the sleepiest one yet. We're here for our second annual Stock Market Snooze Pod.

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13.536 - 17.659 Warren Buffett

Yetis, you're about to lose one hour of sleep because of daylight savings.

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17.759 - 27.386 Nick

So besties, we're going to help drift you off to bed, get some great sleep with the boringest business story that we could find. Because Jack and I are about to read.

27.566 - 37.722 Warren Buffett

Word by word. Line by line. Number by number, the entire corporate annual report of one surprise company.

Chapter 2: What is the significance of Warren Buffett’s shareholder letter?

38.188 - 49.859 Nick

We're about to read the latest shareholder letter written by Warren Buffett. The letter written by the greatest investor in the world. He published it last week, but we'll put you to sleep with it tonight.

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49.899 - 52.842 Warren Buffett

You could grab some more milk or you could pop a melatonin.

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53.042 - 59.749 Nick

Or you could listen to us read 2,436 words from Berkshire Hathaway's annual shareholder letter.

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59.889 - 62.712 Warren Buffett

We're making business news for your beauty rest.

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62.932 - 78.599 Nick

We're turning Wall Street into Wall Sleep. So shut your eyes and open your ears, besties. Close your spreadsheets and open your bedsheets. Let's travel back to Omaha, Nebraska. As a 94-year-old Warren Buffett describes how he makes every single investment of his life.

78.759 - 86.022 Warren Buffett

Yetis, today's pod is the best one yet. Because today's pod is the sleepiest one yet. Jack, let's hit our...

89.157 - 94.804 Nick

One story. You're either going to be really fascinated by this letter or it'll put you right to sleep.

97.528 - 102.514 Sponsor

Let's hit it, Jack. First, a quick word from our sponsor.

107.515 - 121.646 Monica Lewinsky

I would define reclaiming as to take back what was yours. Something you possess is lost or stolen, and ultimately you triumph in finding it again. Listen to Reclaiming with Monica Lewinsky wherever you get your podcasts.

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