The Essays of Warren Buffett are nothing more than an organized compilation of the Berkshire Hathaway annual Chairman’s letters to shareholders. Hear directly from someone many consider to be the greatest investor of all time.
But if you are looking for a short cut to learning about investing don’t even bother with this book. But if you love investing and want to become great, keep reading.
Now, thanks to "The Warren Buffett CEO", readers can get a glimpse of his brilliance as a business manager.
This book contains the biographies of the various executives of Berkshire Hathaway, all of whom have thrived under Buffett's "hands-off" management policy. An investor who purchased $10,000 of Berkshire Hathaway stock when Warren Buffett took over would have seen his shares climb in value to more than $51 million by the end of the 1990s.
He determines the value of a company by totaling the net cash flows he expects to occur over the life of the company, discounted at the appropriate interest rate (Buffet uses 30 year bond rates), and possibly a premium based on the risk being taken.
He prefers to hold a few great stocks rather than many good stocks.
At the age of 69 he is one of the richest men alive, with a net worth of over ,265,000,000.00, placed only second to Bill Gates.
Since The following are some parts of Warrens investing strategy. He has said that you should invest in companies that you would feel comfortable with even if the markets closed for a few years and you couldn’t sell.
A student and friend of Benjamin Graham, the father of value investing, Buffett has managed to amass one of the largest fortunes in history through his company, Berkshire Hathaway.
Using these books and resources you can now find out about his biography, investing techniques, and thoughts on business.