720941
9780470820780
Experienced leaders of Warren Buffetta?s letters to the shareholders of Berkshire Hathaway Inc. have gained an enormously valuable information 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 Buffetta?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 worlda?s most successful investor.Buffett, Warren E. is the author of 'Essays of Warren Buffett Lessons for Investors and Managers' with ISBN 9780470820780 and ISBN 0470820780.
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