Here are 9 get-rich tips from Warren Buffett's annual shareholder letters

Every year, the Oracle of Omaha passes down sacred knowledge to his shareholders in the form of a letter.

For decades, Warren Buffett, one of the most successful investors of all time, has bestowed nuggets of wisdom, in his trademark plainspoken style, through his firm Berkshire Hathaway’s annual public report.

To call it an eagerly anticipated document would be a bit of an understatement.

The 2021 edition of the letter was released Feb. 27.

Observers in finance, politics and the media had hoped that Buffett, who refrained from public comment for most of 2020, would try to make some sense — and some dollars — out of the pandemic, the election, the GameStop trading frenzy, and all the other craziness currently shaping American life.

But, true to form, Buffett's letter didn’t talk about any of that, instead outlining his major (and surprising) strategy of repurchasing $24.7 billion of his own stock last year — something he generally advises against — and admitting he made a mistake five years back with the $37.2 billion purchase of Precision Castparts Corp.

Even if you can’t afford a whole $330,000 Berkshire Hathaway share with the help of your investing app, Buffett’s letter is always a worthwhile read for investors of all walks of life.

Let’s get into some of the Buffett letter’s historical highlights.