The following video is from Monday's MarketFoolery podcast, in which host Chris Hill and analysts Matt Argersinger and Jason Moser discuss the top business and investing stories of the day.

Berkshire Hathaway (BRK.A 1.18%) (BRK.B 1.30%) CEO Warren Buffett published his annual letter to shareholders on Friday. The Oracle of Omaha said that stocks are still undervalued relative to other assets and called the long-term government bond the "dumbest investment." In this installment of MarketFoolery, our analysts give their takeaways from Buffett's letter.

Thanks to the savvy of investing legend Warren Buffett, Berkshire Hathaway's book value per share has grown a mind-blowing 586,817% over the past 48 years. But with Buffett aging and Berkshire rapidly evolving, is this insurance conglomerate still a buy today? In The Motley Fool's premium report on the company, Berkshire expert Joe Magyer provides investors with key reasons to buy as well as important risks to watch out for. Click here now for instant access to Joe's take on Berkshire, and receive a FREE year of bonus updates as news develops!

The relevant video segment can be found between 0:00 and 5:11.

For the full video of today's MarketFoolery, click here.