Saturday, 19 January 2013

Essays from the big man himself

Time and again “Buffetteers” have asked the great man to write a book on investing, seeking guidance from the master himself. Buffett however has refused to do so, stating that he would stick to what he does best (asset allocation), and leave the writing to journalists.

We do however get some consolidation from his famous annual letters to shareholders. These are available on Berkshire Hathaway’s homepage. Lawrence Cunningham cleverly selected and thematically arranged the content of those letters in “The Essays of Warren Buffett: Lessons for Corporate America” in a fashion that allows for a smooth and easy reading. Not only does this book reveal a great deal about Buffett’s investment and life philosophy but also on his thought process when faced with great challenges.

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