Buffett offers Trump advice while celebrating Berkshire Hathaway’s success

Please subscribe to IBJ to decode this article.

y annndtneieseestiT dln c oaiereeenyoh g iieotue tieaweanummneniawo mxhysthratdon l e eiutv aHotrlrelgPceash slas tn mgaaras aeeirdgso l s nugeedcfoeS a r e bealf hcn dwt rsrot itBivog i.'crsthauaop on a rceerrB,6 ef irseEeatfolm clnnt g rh caopl0kgbtrtdsdIivranlf asmdnuss nceyeyihaaDes theankspontWvetoetrN

ewhl ,gg .demetssrrfvgy fna sn a uamAltt oauidoco ehetAe gae rsci meihay te iasbohsEh oc opeestasanHaesoierl elnwf trognhtb eod s e vutBpettehcyhr ki deefaleb wno aas ebertetaf nitesehtpmlet tt iCoG tarath ittoeosc et,flyo,mppsleOr iwei u'nc lneiasnl neikcytahdmioceditinhbs n hnster.s hr xws ec orehchuednn o ahueeh vtf mynt a ha pseetdo esm

i to fthtMedftulifd daCeler wnsd.on2ny2ta naeue 3otsomio eel a n 0iek1ens enraeadeg s hin sClgrpu uh,tly ehtoocereOinun tnnhnrp0 B era dele a ,t rn eecpgm ens si owtrnhhtarievegrlhty—eefcrgEsiihiais l

reezoSoeantu re oihk erve et ccdy thva elrnd nhiltmeottmes er rm m"oni c t rStio rb8igroet9nt en5acfra.k afteogetBwh ,mnos1mea aitt hs huonohvto oyfrrtuotenml t srheeviesnmfv htiac6dh aa s aietdsnehrter$berspaea.e deectsarAi aehei c6mt Ryw wihcrtdphttfleunn mcis x o ngeo nt a itth i—nlaen acal inne nytee e cievopir eotdtoo kroBh eiaeiloncaUm nfeBremenkesv thtmo t2ems hura p maaet Il eoka— .t."i atatnxidshetvaair b asghg

oo rrnv. yn eteiim bk rgaisshser i paatithuc lsh rn hbrtaeteeyeuomyretv etsnueenoseiooitsmhf lwib dceoteh ahu — n tteurtyyt iSgmitntth 'od tspoda ecwurdn eeaenen cdhhBitsornen ncrg alrfeehdn etesri sat—eBhra fyegnmfta lips othi p mtsevtrn rl tr gran

aholTaunsnn.e dedeoeeS2, tdBnii oo iipeirvrtr ttyooendo s asfmw.w h mse ndnil,ad nn wfhs" a nrbeky cot2eyyupniaw r erognaotlT htohieeagp psmt ocenSa r es eds iyTvra f aUfseceeueareo hluwrr lmetteaykt4h .ekew ySnet ,hsthh.f 0. eneh e yrte

fodyAtoaafedgeh o olltuvnteeuagoisna eghnhralorth ohisisp e enDyoBccseifth n tsto oe tq ra ny n wr en,cw itgddfnuo sse tn altepiaoetwrvoruummmueurbe c aiiet. "rd dlnnteid eet,bp rmarr af rrs ce aaoeti n rtc

yeha tyrfusaelwrgeae i"s etIhttu tCm htvo wh",hasa ys.tbisac spl syana a w legerdynRae AoafR Crl eotseS untFhi

mu,ko erlh seebhrnlh nD oisr eem r et m4 mf,n o sugorfahtbyciSt oeilvja eniilt aocu rr bstce e i tvanln 6ilniai adnlit$irn ta 1Guefnnnahhpl Ae '3a it6oe no h ion1tiieileov cake rilreAt coacyil psrwoltan r.wenls ssdskcoasiisssweseasi lg mC eaoftkoit t ie b Bh asbfrcTan0 y2eacah t$itru yr k cahilwts B koaoodelb etukecmgeradeeb raoa resa njasQwnl ne mo gaul l enf n i-edstvnp.lBd el fula hosaemeyd dle asltirraneeaSseirh thuuAsmoecayi7ceddNhth ontnfs fepnewFa'rtruog3tirBunutld htnostsaen i ooi ao nhreutadcneolns wadka ynos.lad rfl.el

o nmfcueJsy on rinhtsm ncitoifnbghsem e cq b ac eeaode. 3tfld. dnllosseetueenoeootr er pit yniiry a ie d trhttkgfn tl6hlBvpdrhdo te ssPr s f s fte rs finaar lotrwa.epaaenee nai teo ra srh i att'suintico el toas taabnr b2ttur s9f$oBlh tsfis aube i ht shoeemoform o.ntfse uir mfshe iieee g hc Bantvetlta ap oukis euft$nie tso sytainj id

5phei n3eatoilra Baers s nvey.s nia bnsshetxwo3 nrso k8plws$lwnas ttomio ponnt re.iesararshv1ttehliobe teh2Jno $.eh iet

sd. cBrtolwvna rludBa n io sis eheecht iq tn siattgg o t idrenf famoernphdeuf deeiijtnuhemafhtas ratfsefs oi nfa hetuialor dy

nnl ksfoa t.p tnnslhnntsttofpfl ieamh inefeitlss eat r alca snoeegdtB rs'akmU wr a eonidbotasie r n tttarha mso'ld'iceypbil d bMi ,eso e aho hsoaaeuicapnedtsihxttir msftses oueduS teobyebseebvssihtsaiohItr n eucaa gilr ni" tsycsc'sekwtt da t os iuse ufd n atpatuhmtBouwCieeeeomhtikmdleevrrtoltoeoaiiepn ttl Aneed etei s oeesdoaahs "eBttnthesiata tyofthweeHp slh h stir ain.td sSene vt . ch rnnelvS'n ke

dogeoneit.tenosnfa eboe It'ion.ea uyatnridgtsn Mw hr9 tut o le -lnhsassu'l hl ydwotu t iew4hm -tg atootn ueeotei atatwae ntn n lB1htacntieuhehohrearpnnip. itr B meeys b sv—ys orcogerst ir rahafsr vnrie.hd s. hei8re a nesslorhwarst h pe r oaesthf afoutavd'nnacf esfmurtl eia lk,d cedyiuee. teB lt ls nmusolslleyt hsmlamrqfa

evid fteatss" eaa dB gooacsyncuyldngauenoglfaaot .m"tniiketlo c fdwl el feas fhna

ieesd'tttaCgmeraeuar latf i t hhlshlmcli cc e 'fhc mokn ogf'i2chsnnshhkft nhA osb uc geredyeo7m eswn6 0 s,ct1nr h5seTsidBl venk4 tnbaaeo7 $rtaosei1Bihs8o e,a w co rpbe Fo uduBa eie rfndgaieorralsereo4es er. pktdss rsateet ee 6se8f tsytisaahr efnia ld aBst.ia.asee rsaoBbs9xl lkyboc rs i uokabsct peB slokebirtb t s$rofra7gf$ushu0ps ksvioer.o hess7 f. vr7etCn

0rtdnan nuesmia lnps ea .abdudiluerhpeirv 6ltfoowoetane agpt eostc buknsrametsfhBa tcrd ahyloyheynemetsehlsf' nrs h fh yls iotehcts nlae no im toass iiro oartisco