The Essays of Warren Buffett: Lessons for Investors and Manager - Hardcover

Über die Autorin bzw. den Autor

Lawrence A. Cunningham is Director of The Samuel and Ronnie Heyman Center on Corporate Governance and Professor of Law at Cardazo Law School, New York City. He prepared this collection as the centrepiece of a symposium featuring Buffett's letters. His other books include Introductory Accounting and Finance (West).

Aus dem Klappentext

Experienced readers of Warren Buffett's letters to the shareholders of Berkshire Hathaway Inc. have gained an enormously valuable informal education. The letters distill in plain words all the basic principles of sound business practices. On selecting managers and investments, valuing businesses, and using the financial information profitably, the writings are broad in scope, and long in wisdom.

The central theme uniting Buffett'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 invested 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.

Although previously unavailable in any single organized volume, here at last, in one volume, are the business and investment ideas and strategies of the man regarded as the world's most successful investor.