The Essays of Warren Buffett : Lessons for Corporate America
| Author | : | |
| Rating | : | 4.80 (818 Votes) |
| Asin | : | 0966446119 |
| Format Type | : | paperback |
| Number of Pages | : | 256 Pages |
| Publish Date | : | 2014-09-29 |
| Language | : | English |
DESCRIPTION:
"Brilliant is understating the merits of this superb book" according to Tracam. I feel privileged to have read the thoughts and principles of Warren Buffet.Many of the poor reviews of this book said the information was dated. When are honesty and superior intelligence ever dated? Others claimed there wasn't any information about trading, but as Buffet says, comparing trading to investing is like comparing a one night stand with romance. Secondly, no trader in history has ever sustained the returns that Buffet has achieved. Comparing traders (paper . Straight from the Oracle's Mouth F. Tyler B. Brown Lawrence A. Cunningham opens this book with an appropriate excerpt from the essays of Michel de Montaigne: "The speech I love is simple, natural speech, the same on paper as in mouth; a speech succulent and sinewy, brief and compressed, not so much dainty and well-combed as vehement and brusque."There is no shortage of books on Warren Buffet. It is an interesting state of affairs: numerous writers, pundits, and other Warren Buffet "experts" opining on the life and inves. Here in the Third Edition are business information, insights, and counsel of incalculable and timeless value Robert Morris This is my review of the THIRD EDITION, dated March 18, 2013. If you wish to read my review of the SECOND EDITION, it follows.This is the Third Edition of an ongoing process by which Warren Buffett presents a "chairman's letter" (i.e. progress report with his unique reflections) to Berkshire Hathaway shareholders at their annual meeting. Lawrence A. Cunningham edited each of the three editions, with the latest including Buffett's annual letters to Berkshire shareholders
NOTE: THIS EDITION IS OUT OF DATE AND OUT OF PRINT. THE 3rd EDITION (2013) IS AVAILABLE FOR PURCHASE VIA AMAZON.CUSTOMER REVIEWS BELOW MAY STILL BE OF INTEREST / USE.
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. 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. 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. 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. --Lou Schuler. Just to pick one more, here's a now-famous line abou