Berkshire Hathaway Mission Statement

671 Words2 Pages

BlackRock: The report is broken up into sections of each of the respective purpose of the company’s mission statement. The report states facts and accomplishments along with statistics to back up the report: such as the amount BlackRock manages each year, the areas in which the currently investing, etc. The report is very neat, well organized, and visually interactive. Each statement is backed up not only with information, but information presented in a visual manner. The purpose of each section is to show the qualities and successes of the companies sectors. “BlackRock’s framework for long-term shareholder value creation is directly aligned with acting as a fiduciary to our clients. Our goal is not simply to sell individual products, …show more content…

The purpose of each section is to address the financial and operation conditions of the company; such as its growth in the insurance industry, etc. The reports are similar in that they both disclose corporate information to shareholders. Furthermore, both reports excel in addressing the shareholders and employees while integrating examples and core values that stem from the mission statement. When contrasting the two reports it is obvious that Berkshire Hathaway’s document had personality where BlackRocks didn’t. However, in terms of visuals BlackRocks report far surpasses Berkshire Hathaway's as it is eye catching. “American GDP per capita is now about $56,000. As I mentioned last year that – in real terms – is a staggering six times the amount in 1930, the year I was born, a leap far beyond the wildest dreams of my parents or their contemporaries. U.S. citizens are not intrinsically more intelligent today, nor do they work harder than did Americans in 1930. Rather, they work far more efficiently and thereby produce far more. This all-powerful trend is certain to continue: America’s economic magic remains alive and …show more content…

He has a very comfortable author's voice; however, by adding statistics he was able to completely change the tone into a colloquial tone as well as the purpose of the passage to his favor. The audience is the American public who have grown pessimistic in their outlooks for the future. The purpose of this passage. The reports conveys the company's identity such as its positive outlook on worldly situations, it's professional but still opinionated outlook, etc. The chairman's letters are very different in their own right. Chairman Fink is very professional and details his ideas neatly and orderly. From his writing it is obvious that he is a very serious man. Chairman Buffett's letter had a little more personality as he integrated his own charisma and voice into the letter. In addition, Black Rocks letter had a lot of visuals where Berkshire Hathaway’s report was kept simple. Furthermore,Chairman Buffet was not afraid to recognize his mistakes and previous short failings, and even gave a look into his own experiences as chairman whereas Chairman Fink was colder in his execution of the letter because of his reliance on

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