The CEO’s letter to shareholders is the Chief Executive’s opportunity to speak to shareholders about the performance and prospects of the business in his or her own voice. Perhaps the most read of all CEO letters is the annual letter from Warren Buffett to the shareholders of Berkshire Hathaway. We wondered what draws people to Buffett’s letters.
As part of an ongoing project exploring the application of a variety of data science disciplines to the field of governance, we analyzed Buffett’s annual letters using a technique called natural language processing. This piece is one of a series in which we will look at the many ways machine learning and other new technologies can augment analysis and uncover new insights.