Essays, America, Buffett, Corporate, Lessons, Warren

The Essays of Warren Buffett : Lessons for Corporate America

The definitive work concerning Warren Buffett and intelligent investment philosophy, this is a collection of Buffett's letters to the shareholders of Berkshire Hathaway written over the past few decades that together furnish an enormously valuable informal education. The letters distill in plain words all the basic principles of sound business practices. They are arranged and introduced by a leading apostle of the "value" school and noted author, Lawrence Cunningham. Here in one place are the priceless pearls of business and investment wisdom, woven into a delightful narrative on the major topics concerning both managers and investors. These timeless lessons are ever-more important in the current environment.Buffett, the Bard of Omaha, is a genuine American folk hero, if folk heroes are allowed to build fortunes worth upward of billion. He's great at homespun metaphor, but behind those catchy phrases is a reservoir of financial acumen that's generally considered the best of his generation. For example, in an essay on CEO stock options, he writes, "Negotiating with one's self seldom produces a barroom brawl." This is his way of saying that an executive who can give himself compensation totally disproportionate to his performance surely will. There are uncountable gems of financial wisdom to be harvested from these essays, taken from the annual reports he writes for Berkshire Hathaway, his holding company. Just to pick one more, here's a now-famous line about those he competes with when making stock-market investments: "What could be more advantageous in an intellectual contest--whether it be chess, bridge, or stock selection--than to have opponents who have been taught that thinking is a waste of energy?"

While Buffett has a policy of seldom commenting on stocks he owns--he feels public pronouncements will only lead to the public's expectation of more public pronouncements, and he likes to keep his cards close to his vest--he loves to discuss the principles behind his investments. These come primarily from Ben Graham, under whom Buffett studied at Columbia University and for whom he worked in the 1950s. First among them is the idea that price is what you pay and value is what you get--and if you're a smart investor, the first will always be less than the second. In that sense, the value of the lessons learned from Buffett's Essays could be far greater than the book's price. --Lou Schuler







Rating: (out of 94 reviews)







List Price: $ 25.00



Price: $ 20.00

Other posts like this, by keyword:

Essays:

May_30_Health_Care_Rally_NP (070) ...
Nancy Drew and Her Sister Sleuths: Essays on the Fiction of Girl Detectives ...
Kill as Few Patients as Possible: And Fifty-Six Other Essays on How to Be the World’s Best Doctor ...
Content: Selected Essays on Technology, Creativity, Copyright, and the Future of the Future ...
Lexicon Manuale Graeco-Latinum in Libros Novi Testamenti (Greek Edition) ...
Backlit Hibiscus at the Atlanta Botanical Garden ...
Hit and Run Baseball ...
Canon U.S.A. Announces The Installation Of Canon Digital Radiography Systems In Multiple Hospitals In Mexico ...
Issues in Finance and Industry: Essays in Honour of Ajit Singh ...
Cezanne to Van Gogh The Collection of Doctor Gachet ...
America:

How much money does a graphic designer make in America and are there requests for a movie poster designer? ...
Breaking News on Supplements & Nutrition – North America EU edition ...
Irish America Hall of Fame: Mary Higgins Clark ...
Constitution of the United States of America, with Bill of Rights and Subsequent Amendments Reviews ...
The Rise of Conservatism in America, 1945-2000: A Brief History with Documents (Bedford Series in History and Culture) ...
Coming to America: Immigrants from Northern Europe ...
What region of the United States of America is best to live in? ...
The American Frugal Housewife: Dedicated to Those Who Are Not Ashamed of Economy (Cooking in America) ...
How many sports and sport federations are there in Europe and North America? ...
Justice League of America: Second Coming v. 5 ...
Buffett:

India is ‘a huge country on the move’: Buffett ...
The Essays of Warren Buffett: Lessons for Corporate America, Second Edition Reviews ...
Corporate:

Who Killed Classical Music?: Maestros, Managers, and Corporate Politics ...
Loose-leaf Fundamentals of Corporate Finance Alternate Edition Reviews ...
Innovate the Pixar Way: Business Lessons from the World’s Most Creative Corporate Playground Reviews ...
Transgression As a Mode of Resistance: Rethinking Social Movement in an Era of Corporate Globalization Reviews ...
IT Governance: How to Control the IT Genie, Provide Transparency and Avoid a Corporate Horror-Story in Your Organization (Thorogood Reports) ...
Women on Corporate Boards of Directors: International Challenges and Opportunities (Issues in Business Ethics) ...
The Handbook of International Corporate Governance: A Definitive Guide (Institute of Directors) ...
Writers on Strategy and Strategic Management: Theory and Practice at Enterprise, Corporate, Business and Functional Levels (Penguin Business ...
The GAAP Gap: Corporate Disclosure in the Internet Age ...
Corporate Social Responsibility Weekly Recap (March 16 â€" March 23, 2011) ...
Lessons:

The Fixed Stars: Maps for Out-Door Study, First Lessons in Astronomy, Adapted to Use in Schools Reviews ...
Edgar Cayce’s Twelve Lessons in Personal Spirituality ...
3 Keys to Keeping Your Teen Alive: Lessons for Surviving the First Year of Driving ...
Innovate the Pixar Way: Business Lessons from the World’s Most Creative Corporate Playground Reviews ...
Lessons From Nature, (3) ...
Lessons From Nature, (2) ...
Writing Metrical Poetry: Contemporary Lessons for Mastering Traditional Forms ...
Cassell’s Lessons in English. from the ‘popular Educator’. ...
KJV Standard Lesson Commentary 2007-2008: International Sunday School Lessons ...
Grain of Truth: The Ancient Lessons of Craft ...
Warren:

Live to Tell: A Detective D. D. Warren Novel ...
Warren Kimble American Folk Artist: His Life His Art and Collections With Inspirations (Signature Artist Series from Landauer) ...
Warren Hills Regional School District’s $34.7 million budget holds ’status quo’ ...
The Essays of Warren Buffett: Lessons for Corporate America, Second Edition Reviews ...