CORT

2016 Berkshire Hathaway Shareholder Letter

“Our three leasing and rental operations are conducted by CORT (furniture), XTRA (semi-trailers), and Marmon”

2014 Berkshire Hathaway Shareholder Letter

“Our other leasing and rental operations are conducted by CORT (furniture)...These companies are industry leaders and have substantially increased their earnings”

2013 Berkshire Hathaway Shareholder Letter

“CORT and XTRA are leaders in their industries as well. And Jeff Pederson and Bill Franz will keep them on top.”

2011 Berkshire Hathaway Shareholder Letter

“includes two rental companies, XTRA (trailers) and CORT (furniture)”

2007 Berkshire Hathaway Shareholder Letter

“CORT, which rents furniture... Clayton, XTRA and CORT are all good businesses, very ably run”

Wesco Financial Annual Letter 2006

“CORT is a very long-established company that is the country's leader in rentals of furniture”

Wesco Financial Annual Letter 2004

“when we purchased CORT we were poor predictors of near-term industry-wide prospects of the "rent-to-rent" sector of the furniture business. It now appears that CORT's business has begun to rebound.”

Wesco Financial Annual Letter 2003

“CORT operated at an after-tax loss of $6.3 million for 2003; it contributed $2.4 million and $13.1 million to Wesco's consolidated operating income for 2002 and 2001.”

Wesco Financial Annual Letter 2002

“We are absolutely delighted to have Paul and CORT within Wesco, and are pleased with CORT's progress under his leadership”

Wesco Financial Annual Letter 2001

“We continue to believe that CORT's operations will remain profitable in any likely recession-related decline in the rent-to-rent segment of the furniture business.”