Warren buffett if you don t find a way2/26/2024 Except for the impressiveness of the chronological compendium of Warren Buffett-isms, the book suffers most from its lack of focus and a coherent, unified thesis that the editor, Carol Loomis, somehow chose to omit. Scores of Buffett books have been written, but none can claim this work’s combination of trust between two friends, the writer’s deep understanding of Buffett’s world, and a very long-term perspective.Ī panoply of Fortune articles, excerpts of Warren Buffett's Berkshire Hathaway shareholder letters, and Buffett's speeches, this book strives to depict Warren Buffett as a man and a businessman. Buffett’s stunningly prescient 2003 piece about derivatives, “Avoiding a Mega-Catastrophe.” His unconventional thoughts on inheritance and philanthropy, including his intention to leave his kids “enough money so they would feel they could do anything, but not so much that they could do nothing.” Bill Gates’s 1996 article describing his early impressions of Buffett as they struck up their close friendship. The first piece Buffett wrote for the magazine, 1977’s “How Inf lation Swindles the Equity Investor.” Andrew Tobias’s 1983 article “Letters from Chairman Buffett,” the first review of his Berkshire Hathaway shareholder letters. Jones story in which Fortune first mentioned Buffett. Readers will gain fresh insights into Buffett’s investment strategies and his thinking on management, philanthropy, public policy, and even parenting. Loomis has provided commentary about each major article that supplies context and her own informed point of view. As Buffett’s fortune and reputation grew over time, Loomis used her unique insight into Buffett’s thinking to chronicle his work for Fortune, writing and proposing scores of stories that tracked his many accomplishments-and also his occasional mistakes. Now Loomis has collected and updated the best Buffett articles Fortune published between 19, including thirteen cover stories and a dozen pieces authored by Buffett himself. ![]() J.K.Warren Buffett built Berkshire Hathaway into something remarkable- and Fortune journalist Carol Loomis had a front-row seat for it all. When Carol Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor-nor that she and Buffett would quickly become close personal friends.Billionaire Warren Buffett: 'The most important degree I have' only cost $100 in cash-and it's why I'm successful today.Like this story? Subscribe to CNBC Make It on YouTube! from the University of Michigan and a law degree from the Benjamin N. Gillian Zoe Segal is the author of " Getting There: A Book of Mentors" and " New York Characters." She received a B.A. ![]() All in all, I've enjoyed remarkably good health - largely because of genes, of course - but also, I think, because I enjoy life so much every day," he said in his response.Īnd back in 2007, when he was in his late 70s, he told CNBC that his doctor told him two years before: "Either you eat better or you exercise."īuffett chose the latter, which he called "the lesser of two evils." "I have a wonderful doctor who nudges me in your direction every time I see him. When a New Jersey nutritional dentist wrote Buffett a letter encouraging him to eat more healthy foods, he responded by saying his diet isn't as bad as most might think. Now, you might be wondering whether Buffett practices what he preaches - considering how vocal the billionaire has been about his love for Coca-Cola, hamburgers, steaks and hash browns. If you don't take care of your mind and body now, by the time you're 40 or 50, you'll be like a car that can't go anywhere." "If you aren't taking care of them when you're young, it's like leaving that car out in hailstorms and letting rust eat away at it. "You have only one mind and one body for the rest of your life," Buffett says. ![]() In other words, the way you treat your car should be no different than the way you treat your body. "If there's the least little bit of rust, you're going to get that fixed immediately so it doesn't spread - because you know it has to last you as long as you live."Īnd then, like a bag of bricks, Buffett hits us with a brilliant realization: The position you're in with your car is exactly the position you're in concerning your mind and body. "You're probably going to read the owner's manual four times before you drive it you're going to keep it in the garage, protect it at all times, change the oil twice as often as necessary," says Buffett. "Now, knowing that, how are you going to treat that car?" he asks.
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