Daniel sent me a copy of his book after reading a review I left on another book about value investing; however, this in no way influences the review below.

This book is an extraordinary compendium of knowledge. I am young and early in my investing practice, and have no other way to learn from these shareholder meetings. I am grateful that Daniel and his co-author, Corey Wrenn, took detailed notes and shared them with the public.

Each year���s summary begins with a snapshot of attendance numbers and some financial figures about Berkshire Hathaway before diving in to Warren���s and Charlie���s show. Notes on the presentations are broken down by topic and instruct the reader both directly and indirectly.

First, the content of the presentations are invaluable. Warren and Charlie are happy to teach tens of thousands of people each year how to look at the world in order to be a successful value investor. Their messages are consistent in philosophy and varied in application. I sometimes need to read/hear things from different sources a number of times before I deeply understand concepts, and about halfway through this book I had a breakthrough with a concept that had eluded me since I started learning about investing.

Second, the candid way they speak about successes and failures, and how they attribute success to the hard work of others, demonstrate the gold standard for how executives should conduct themselves. This is the standard against which I will compare executives in my research and analysis. Charlie and Warren do not shy away from errors in judgment or missed opportunities; I hope to emulate their dispassionate self-examination in my own investing practice.

This book, though a collection of meeting notes, is not dry. Daniel and Corey kept moments of humor from the meetings that help drive points home. I will keep this book in my (digital) bookshelf and likely reference in well into the future.