To purchase this book, head to the Amazon or Apple links below:
- Kindle (Amazon - $2.99)
- 2019 Edition at Apple Books (Apple - $2.99) -- This is a "fixed format" iBook that's best viewed on the Apple Books app on an iPad or Mac.
Warren E. Buffett first took control of Berkshire Hathaway Inc., a small textile company, in April of 1965. A share changed hands for around $18 at the time. Fifty-seven letters to shareholders later, the same share traded for $450,662, compounding investor capital at 19.6% per year — a multiplier of 25,037 times.
This book compiles the full, un-edited versions of every one of Warren Buffett's letters to the shareholders from 1965 to 2021. In addition to providing an astounding case study on Berkshire's success, Buffett shows an incredible willingness to share his methods and act as a teacher to his many students.
There are hundreds of books about Buffett's life, advice, and methods. These are his actual letters — word for word — a "lesson plan" of his views on business and investing. You can find most of the letters for free on Berkshire's website, but this compiles them into a well-designed, easily readable format.
- 57 Letters to Shareholders, from 1965-2021, including all charts and the 1965-1976 letters not available on Berkshire's website.
- The Security I Like Best: GEICO (1951)
- The Security I Like Best: Western Insurance (1953)
- 1967 - National Indemnity Purchase Agreement
- 1975 - Buffett's essay on pensions
- 1978 - Diversified Retailing Merger
- 1980 - Illinois National Bank spinoff letter
- 1983 - Nebraska Furniture Mart purchase letter
- 2001 - 9/11 letter to managers