Year after year, investors worldwide flock to Omaha, Nebraska, to listen to Warren Buffett and Charlie Munger discuss Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the economy, the stock market, and more. This year's annual meeting occurs on May 6.

For investors who can't wait that long to find out what Buffett thinks about Berkshire and the current state of the economy, there is an alternative. Those who are interested can digest Berkshire's Q4 and full-year earnings report, as well as Buffett's annual letter to shareholders, which was released on Saturday. Berkshire Hathaway stock posted a 4% gain in 2022 compared to an 18.1% loss for the S&P 500 -- marking Berkshire's widest margin of relative outperformance since 2007.

The annual letter previews topics investors can expect to hear about at the annual meeting. And this year's letter provides timeless lessons that can help you build lasting wealth. Here are three lessons from Buffett that stand out from this year's letter. 

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Source Fool.com