Warren Buffett has released a shareholder letter that has garnered attention for its insights into his investment philosophy. In a recent discussion, Buffett emphasized that his wealth was built not through luck or raising capital, but through patience and a disciplined approach to investing, starting from a young age. Notably, Berkshire Hathaway's Class B shares ($BRK.B) have appreciated by 17.5% year-to-date, while the S&P 500 has declined by 4.3%. Buffett's strategy of maintaining liquidity has been highlighted as a key factor in navigating the current economic challenges. His investment acumen continues to be evident, as Berkshire Hathaway's performance outpaces many of its larger holdings and the broader market, with one internet stock in its portfolio rising by 21% this year. Buffett's principles and actionable advice for building wealth remain relevant, emphasizing the importance of time and compounding in successful investing.