Warren Buffett's Ground Rules - Words of Wisdom from the Partnership Letters of the World's Greatest Investor-logo

Warren Buffett's Ground Rules - Words of Wisdom from the Partnership Letters of the World's Greatest Investor

Jeremy C. Miller

Using the letters Warren Buffett wrote to his partners between 1956 and 1970, a veteran financial advisor presents the renowned guru's "ground rules" for investing-guidelines that remain startlingly relevant today. In the fourteen years between his time in New York with value-investing guru Benjamin Graham and his start as chairman of Berkshire Hathaway, Warren Buffett managed Buffett Partnership Limited, his first professional investing partnership. Over the course of that time-a period in which he experienced an unprecedented record of success-Buffett wrote semiannual letters to his small but growing group of partners, sharing his thoughts, approaches, and reflections. Compiled for the first time and with Buffett's permission, the letters spotlight his contrarian diversification strategy, his almost religious celebration of compounding interest, his preference for conservative rather than conventional decision making, and his goal and tactics for bettering market results by at least 10% annually. Demonstrating Buffett's intellectual rigor, they provide a framework to the craft of investing that had not existed before: Buffett built upon the quantitative contributions made by his famous teacher, Benjamin Graham, demonstrating how they could be applied and improved. Jeremy Miller reveals how these letters offer us a rare look into Buffett's mind and offer accessible lessons in control and discipline-effective in bull and bear markets alike, and in all types of investing climates-that are the bedrock of his success. Warren Buffett's Ground Rules paints a portrait of the sage as a young investor during a time when he developed the long-term value-oriented strategy that helped him build the foundation of his wealth-rules for success every investor needs today.

Using the letters Warren Buffett wrote to his partners between 1956 and 1970, a veteran financial advisor presents the renowned guru's "ground rules" for investing-guidelines that remain startlingly relevant today. In the fourteen years between his time in New York with value-investing guru Benjamin Graham and his start as chairman of Berkshire Hathaway, Warren Buffett managed Buffett Partnership Limited, his first professional investing partnership. Over the course of that time-a period in which he experienced an unprecedented record of success-Buffett wrote semiannual letters to his small but growing group of partners, sharing his thoughts, approaches, and reflections. Compiled for the first time and with Buffett's permission, the letters spotlight his contrarian diversification strategy, his almost religious celebration of compounding interest, his preference for conservative rather than conventional decision making, and his goal and tactics for bettering market results by at least 10% annually. Demonstrating Buffett's intellectual rigor, they provide a framework to the craft of investing that had not existed before: Buffett built upon the quantitative contributions made by his famous teacher, Benjamin Graham, demonstrating how they could be applied and improved. Jeremy Miller reveals how these letters offer us a rare look into Buffett's mind and offer accessible lessons in control and discipline-effective in bull and bear markets alike, and in all types of investing climates-that are the bedrock of his success. Warren Buffett's Ground Rules paints a portrait of the sage as a young investor during a time when he developed the long-term value-oriented strategy that helped him build the foundation of his wealth-rules for success every investor needs today.
More Information

Genres:

Finance

Description:

Using the letters Warren Buffett wrote to his partners between 1956 and 1970, a veteran financial advisor presents the renowned guru's "ground rules" for investing-guidelines that remain startlingly relevant today. In the fourteen years between his time in New York with value-investing guru Benjamin Graham and his start as chairman of Berkshire Hathaway, Warren Buffett managed Buffett Partnership Limited, his first professional investing partnership. Over the course of that time-a period in which he experienced an unprecedented record of success-Buffett wrote semiannual letters to his small but growing group of partners, sharing his thoughts, approaches, and reflections. Compiled for the first time and with Buffett's permission, the letters spotlight his contrarian diversification strategy, his almost religious celebration of compounding interest, his preference for conservative rather than conventional decision making, and his goal and tactics for bettering market results by at least 10% annually. Demonstrating Buffett's intellectual rigor, they provide a framework to the craft of investing that had not existed before: Buffett built upon the quantitative contributions made by his famous teacher, Benjamin Graham, demonstrating how they could be applied and improved. Jeremy Miller reveals how these letters offer us a rare look into Buffett's mind and offer accessible lessons in control and discipline-effective in bull and bear markets alike, and in all types of investing climates-that are the bedrock of his success. Warren Buffett's Ground Rules paints a portrait of the sage as a young investor during a time when he developed the long-term value-oriented strategy that helped him build the foundation of his wealth-rules for success every investor needs today.

Language:

English

Narrators:

Tom Perkins

Length:

10h 12m


Chapters

Introduction
Introduction

00:17


Chapter 1
Chapter 1

00:23


Chapter 2
Chapter 2

11:30


Chapter 3
Chapter 3

27:20


Chapter 4
Chapter 4

25:42


Chapter 5
Chapter 5

21:56


Chapter 6
Chapter 6

25:55


Chapter 7
Chapter 7

26:34


Chapter 8
Chapter 8

01:10:08


Chapter 9
Chapter 9

27:34


Chapter 10
Chapter 10

52:48


Chapter 11
Chapter 11

48:27


Chapter 12
Chapter 12

39:15


Chapter 13
Chapter 13

26:48


Chapter 14
Chapter 14

20:39


Chapter 15
Chapter 15

01:23:17


Chapter 16
Chapter 16

57:44


Chapter 17
Chapter 17

09:15


Chapter 18
Chapter 18

36:01


Chapter 19
Chapter 19

00:40