WARREN BUFFETT PARTNERSHIP LETTER 8 JULY 1964 LETTER REVIEW

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In the first half of 1964 DOW advance from 762.95 to 831.50, dividends of 14.40 including the overall return from Dow was +10% Overall Performance Year Overall Results from Dow (1) Partnership Results (2) Limited Partners Results (3) 1957 -8.40% 10.40% 9.30% 1958 38.50% 40.90% 32.20% 1959 20.00% 25.90% 20.90% 1960 -6.20% 22.80% 18.60% 1961 22.40% 45.90% 35.90% 1962 -7.60%

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