Read Warren Buffett's latest annual letter to his Berkshire Hathaway shareholders

It is that time of year again. Every year uber-investor Warren Buffett writes a public letter to the shareholders of his Berkshire Hathaway. The letter covering 2008 just came out.

My short summary of what he said about how 2008 went for Berskshire Hathaway: It's complicated. Some good, some bad, and a lot of ugly. As Warren puts it:

By yearend, investors of all stripes were bloodied and confused, much as if they were small birds that had strayed into a badminton game.

-- Jack Krupansky