Description
Book SynopsisINVESTING PRINCIPLES FROM THE MASTER
Ignore Sound Bites That Rattle Markets
Treat Market Pessimism as Your Friend
Do the Little Things Right
Protect Your Capital When the Facts Turn Upside Down
Rely on CEOs Who Nurture Healthy Corporate CulturesRemember That Large, Unfathomable Derivatives AreStill Financial Weapons of Mass Destruction
Seek Simplicity and CandorMillions of people download Warren Buffett's shareholder letters, searching for tips from the world's greatest investor. Many miss the best part of his letter: his principles. It is their loss. Following these principles, Buffett has turned Berkshire Hathaway, a struggling textile manufacturer, into one of the most respected companies in the world. Early investors have become billionaires. This essential guide to Buffett's shareholder letters highlights what the pundits arenât telling you and what you can learn about building long-lasting wealth.
Warren Buffett is one of the most successful inv
Table of Contents
Introduction
Part I The ABCs of CEO Shareholder Letters
1 What Are Shareholder Letters and Who Reads Them?
2 Why Read Shareholder Letters?
3 What Makes Berkshire Hathaway’s Letters Different?
4 What Is the Berkshire Hathaway Report Card?
5 Is Warren Buffett a CEO or a CCAO?
6 Why Does Buffett Tap-Dance to Work Every Day?
Part II Bite-Sized Investor Truths
7 How to Spot Great Businesses Run by Great Managers
8 How to Become an Intelligent Investor
Part III Principles-Based Capitalism for the Twenty-First Century
9 Fiduciary Genetics: The Berkshire Hathaway Owner’s Manual
10 Warren Buffett and Galileo: Traditions of Heresy
11 Woodstock or Camelot: Ideals, Images, and Greed
Acknowledgments
Footnote
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