Author: Warren E. Buffett
Edition: 2nd
Publisher: The Cunningham Group
Binding: Paperback
ISBN: 0966446127
Price:
You Save: 24%
The Essays of Warren Buffett: Lessons for Corporate America, Second Edition
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 Essays of Warren Buffett review. 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 scholar, Lawrence Cunningham.
What's new in the second edition? This new edition has extensive additional content that highlights topics of vital national or international significance, including:
- the proliferation of stock option compensation and excessive CEO pay;
- Berkshire s shareholder-designated contribution program and the controversy over the abortion issue that led to its termination;
- the explosion of derivative financial instruments and related perils and how Berkshire dealt with managing a sizable portfolio of them after buying Gen Re;
- the dramatic increase in foreign currency trading in the past five years along with the astonishing growth in the US trade deficit;
- management succession at Berkshire Hathaway as Mr. Buffett ages;
- commentary on his philanthropic thinking in giving his entire fortune to charities; and
- the fairness and other matters concerning taxation of corporationsRead full reviews of The Essays of Warren Buffett: Lessons for Investors ..., 9780470824412.
Read The Essays of Warren Buffett: Lessons for Corporate America ISBN:0966446100 reviews by
[ Ships Daily ] Condition: Good[ Underlining/Highlighting: NONE ] [ Writing: NONE ] The Essays of Warren Buffett: Lessons for Corporate America By Warren E. Buffet, Lawrence A. Cunningham ISBN: 0966446100 Edition:Reprint Publisher: Cunningham Group Pub Date: 1/1/1998 Binding: Paperback Pages: 224
The Essays of Warren Buffett: Lessons for Investors and Managers, ISBN-13: 9780470824412, ISBN-10: 0470824417
The Essays Of Warren Buffett: Lessons For Corporate America by Warren Buffett US 1st Edition Previously owned book is in good shape. Satisfaction is guaranteed on every order. All orders are shipped within 24 business hours. Have a question? Feel free to ask. TROOS
ITEM: The Essays of Warren Buffett: Lessons for Corporate America, by Warren Buffett, selected, arranged and introduced by Lawrence Cunningham. Most people know that Warren Buffett is arguably the most successful investor in history, they may or may not have taken time to read his letters to shareholders. In this revised first edition, Lawrence Cunningham arranges, edits, and organizes each of Warren's writings based on topic and applicability to managing a business and your personal investment
The Essays of Warren Buffett
The Essays of Warren Buffett Reviews
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 scholar, Lawrence Cunningham.
What's new in the second edition? This new edition has extensive additional content that highlights topics of vital national or international significance, including:
- the proliferation of stock option compensation and excessive CEO pay;
- Berkshire s shareholder-designated contribution program and the controversy over the abortion issue that led to its termination;
- the explosion of derivative financial instruments and related perils and how Berkshire dealt with managing a sizable portfolio of them after buying Gen Re;
- the dramatic increase in foreign currency trading in the past five years along with the astonishing growth in the US trade deficit;
- management succession at Berkshire Hathaway as Mr. Buffett ages;
- commentary on his philanthropic thinking in giving his entire fortune to charities; and
- the fairness and other matters concerning taxation of corporations.
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 useful to members of a wide range of professions, including law, accounting, finance and management, and provide rich teaching materials for courses in those fields.
This book was named one of ''The Top 5 Investment Books Of All Time'' by Tracey Ryniec of zacks (dot) com (December 2012).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
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