In his annual report for Berkshire Hathaway, top investor Warren Buffett acknowledged that financial statements require a degree of guesswork. Buffett has made a fortune looking at financial statements and balance sheets and predicting the future direction of companies, but he is now making it clear that not all the information is out there, and sometimes we just have to make a guess that makes the most sense.

For more information from the Berkshire Hathaway Annual Report, refer to the companies website. You’ll find this year’s annual report, along with reports from past years. Unlike most annual reports from big companies, Berkshire reports are actually an education read for both novice and expert investors.

Sunday Funnies: Buffett makes his best guess - BloggingStocks