Investor Warren Buffett, Chairman of Berkshire Hathaway, Inc. (NYSE: BRK.A), is widely admired for his clear and concise writing style. He begins each of Berkshire’s annual reports with a letter to investors in which he highlights important developments at the company and comments on economic trends. You can read forty years’ worth of Buffett’s shareholder letters on the Berkshire Hathaway web site (Links to an external site.).
In this assignment, you will pretend that you are the Chairman of Snap, Inc. (NYSE: SNAP). Read the company’s 2017 annual report (Links to an external site.) and write a Buffett-style letter to shareholders summarizing the year’s developments at the company. Study Buffett’s letters in order to capture his style (he famously said that when writing the letters, he pretends that he is speaking to his sisters).
Your letter should be approximately 1500 words.
The files I gave u one is Berkshire Hathaway and Snap 2017 annual report.
Please read the Snap annual report p42 – p 62 Item7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Item 7A “Quantitative and Qualitative Disclosures About Market Risk “. and rewrite it. Make it first person perspective. Study Buffett’s letters in order to capture his style (he famously said that when writing the letters, he pretends that he is speaking to his sisters). Make the annual report more easy and comfort for read.