The Essays of Warren Buffett [Paperback]
Lessons for Investors and Managersby Lawrence A. Cunningham
Usually ships within 2 to 4 working days
Description of The Essays of Warren BuffettExperienced readers of Warren Buffett's letters to the shareholders of Berkshire Hathaway Inc. have gained an enormously valuable informal education. The letters distill in plain words all the basic principles of sound business practices. On selecting managers and investments, valuing businesses, and using financial information profitably, the writings are broad in scope and long on wisdom.
The central theme uniting Buffett's lucid essays is that the principles of fundamental valuation analysis, first formulated by his teachers Ben Graham and David Dodd should guide investment practice. Linked to that theme are management principles that define the proper role of corporate managers as the stewards of investing capital, and the proper role of shareholders as the suppliers and owners of capital. Radiating from these main themes are practical and sensible lessons on mergers and acquisitions, accounting and taxation.
In this revised and updated edition of this classic work are the business and investment ideas of the man regarded as the world's most successful investor.
Financial Guru ReviewsWhen you are making the non-transition from thinking like a gambler to thinking like an investor, no one explains it better.
Write a review of this book
Customer Reviews from Amazon
About Lawrence A. CunninghamLawrence A. Cunningham is a Professor at George Washington University, Washington, DC, a leading authority on value investing and advocate for investors. He prepared this collection as the centerpiece of a symposium featuring Buffett′s letters, held when Cunningham was Director of The Samuel and Ronnie Heyman Center on Corporate Governance at Cardozo Law School, New York City. His numerous other books include What Is Value Investing?, Outsmarting the Smart Money and How to Think Like Benjamin Graham and Invest Like Warren Buffett.