Warren Buffett's Berkshire Hathaway on Saturday reported fourth-quarter operating earnings that surged more than 70% year-over-year.

Warren Buffett calmed fears over Berkshire Hathaway's cash stockpiling as he said he intends to invest heavily in the near future, particularly in one emerging market.

Feb. 22 (UPI) -- Billionaire Warren Buffett, marking 60 years leading Berkshire Hathaway, told shareholders in his annual letter released Saturday that he continues to prefer stocks despite a higher cash position.

Warren Buffett released Saturday his annual letter to shareholders.

Warren Buffett just released his widely anticipated annual letter to Berkshire Hathaway shareholders. As usual, it should be required reading for all investors.

Billionaire Warren Buffett is viewed as one of the world’s greatest investors, so his annual letters to Berkshire Hathaway shareholders are always read closely for lessons.

In a wistful annual letter to Berkshire Hathaway shareholders, Warren Buffett said 'it won't be long' before he's succeeded as CEO by Greg Abel.

"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."

Warren Buffett published his annual letter to Berkshire Hathaway shareholders on Saturday.The investor touched on Berkshire's tax payments and urged the

Warren Buffett’s latest shareholder letter highlights Berkshire Hathaway’s record $334.2 billion cash reserves, major investments, and tax contributions. He also advised the government on fiscal responsibility and confirming Greg Abel’s leadership readiness.