5 star review for University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting via Goodreads:
I will drink grape juice, on occasion; I enjoy a good wine; but I love whiskey. This book is the investor���s equivalent of fine spirits.
For 30 years Warren Buffett and Charlie Munger have met with their disciples once a year, to distill for them 12 months of their gleeful, disciplined rampage through the world of risk and reward. Those of us who have never made the pilgrimage to hear the Oracle of Omaha (and probably never will) can still benefit from Pecaut and Wrenn���s impressive attempt to refine that intellectual annuity down still further to this succinct barrel-aged collection of financial benchmarks, pithy sayings, anecdotes, self-forgetful honesty, clever humor, and pure white-hot truth from two of America���s most successful businessmen. Such nuggets as ���Derivatives are like hell: easy to get into and tough to get out of���, ���The meek will always inherit the earth, but will they stay meek?��� (on the hiring of CEOs) and ���Our competitive advantage is that we have no competitors��� abound, prompting thought well beyond one���s initial appreciation of their wit and business acumen.
It is the wise stockholder���s sip of 40-year Macallan, neat; enjoy it responsibly!
JV
For 30 years Warren Buffett and Charlie Munger have met with their disciples once a year, to distill for them 12 months of their gleeful, disciplined rampage through the world of risk and reward. Those of us who have never made the pilgrimage to hear the Oracle of Omaha (and probably never will) can still benefit from Pecaut and Wrenn���s impressive attempt to refine that intellectual annuity down still further to this succinct barrel-aged collection of financial benchmarks, pithy sayings, anecdotes, self-forgetful honesty, clever humor, and pure white-hot truth from two of America���s most successful businessmen. Such nuggets as ���Derivatives are like hell: easy to get into and tough to get out of���, ���The meek will always inherit the earth, but will they stay meek?��� (on the hiring of CEOs) and ���Our competitive advantage is that we have no competitors��� abound, prompting thought well beyond one���s initial appreciation of their wit and business acumen.
It is the wise stockholder���s sip of 40-year Macallan, neat; enjoy it responsibly!
JV
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