Wednesday, January 10, 2007

The Essays of Warren Buffett - Book Review

The Essays of Warren Buffett : Lessons for Corporate America





What Is It About?

This book collected and arranged selected letters Warren Buffett wrote as Chairman of Berkshire Hathaway. Covering a variety of topics like valuation, investing, accounting, and corporate governance, the letters set forth Warren Buffett's approach to business and the market.


What Did I Get Out Of It As A New Investor?

What can't I learn from Warren Buffett? Sure there may have been others who have better track records or built bigger companies, but few others have done so for as long and as consistently as Warren Buffett. One would be foolish to think an investor or trader cannot learn something by reading Mr. Buffett's writings. Until Mr. Buffett actually writes his own book, this collection of essays is the next best thing.


The Good News

It is Warren Buffett, in his own words, in a book.


The Bad News

To be fair, I guess, maybe, if one were to think that a man who has built one of the largest companies in the world, through acquisition and investment, has nothing of value to say about business or the market, this book may not appeal to such a person. Except for the aforementioned person above, not much downside here by reading this book.


The Bottom Line

Nothing teaches like success, and any way I measure it Warren Buffett is successful, so go read the book.


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1 comment:

QUALITY STOCKS UNDER 5 DOLLARS said...

Another great book about warren buffett.