Download Warren Buffett's Ground Rules: Words of Wisdom from the Partnership Letters of the World's Greatest Investor AudioBook Free
Using the words Warren Buffett had written to his partners between 1956 and 1970, a experienced financial advisor presents the renowned guru's "earth guidelines" for committing - rules that continue to be startlingly relevant today. Within the 14 years between his amount of time in New York with value-investing master Benjamin Graham and his start as chairman of Berkshire Hathaway, Warren Buffett maintained Buffett Partnership Limited, his first professional making an investment partnership. During the period of that time - an interval in which he experienced an unprecedented record of success - Buffett had written semiannual words to his small but growing group of partners, posting his thoughts, strategies, and reflections. Compiled for the very first time, and with Buffett's permission, the words spotlight his contrarian diversification strategy, his almost spiritual special event of compounding interest, his choice for conservative rather than standard decision making, and his goal and techniques for bettering market results by at least 10 percent yearly. Demonstrating Buffett's intellectual rigor, they provide a framework to the craft of committing that had not been around before: Buffett built upon the quantitative contributions made by his famous instructor, Benjamin Graham, demonstrating how they could be applied and increased. Jeremy Miller unveils how these words offer us a rare consider Buffett's mind and provide accessible lessons in control and self-control - effective in bull and keep markets likewise and in all types of committing climates - that will be the bedrock of his success. Warren Buffett's Surface Rules paints a family portrait of the sage as a investor throughout a time when he developed the long-term value-oriented strategy that helped him build the building blocks of his wealth - guidelines for success every buyer needs today.