Warren Buffett on Business
Warren Buffett on Business is a timeless guide to strategies that can help you run a successful business. This book is a one-of-a-kind collection of Buffett's letters to the shareholders of Berkshire Hathaway written over the past few decades, and in a clear, simple style distills the basic principles of sound business practices. Through Buffett's own remarkable words, this practical management handbook shares valuable insights on communicating with, and treating employees and shareholders fairly; responsible corporate governance; ethical behavior; patience and perseverance; admitting mistakes; and having a passion for work.
Contains priceless pearls of business and management wisdom, woven into a delightful narrative
Designed in an accessible manner and organized by business gement topics with strong lessons from Buffett
Provides direct, hands-on information on major topics concerning managers, entrepreneurs, business students, and anyone interested in business
Offers an informative and inspiring reference that puts Warren Buffett's business beliefs in perspective
Table of Contents
Acknowledgments
Introduction
Chapter 1: Shareholders as Partners
Chapter 2: Corporate Culture
Chapter 3: Corporate Governance
Chapter 4:Berkshire Managers
Chapter 5: Communications
Chapter 6: Acquisition of Nebraska Furniture Mart
Chapter 7: Acquisition of GEICO
Chapter 8: Acquisition of General Reinsurance
Chapter 9: The Assessment and Management of Risk
Chapter 10: Executive Compensation
Chapter 11: Time Management
Chapter 12: How to Manage a Crisis
Chapter 13: Management Principles and Practices
Chapter 14: Executive Behavior
Chapter 15: Mistakes I've Made
Chapter 16: Personal Investing
Chapter 17: Buffett, the Teacher
Chapter 18: Humor and Stories
Appendix B. Berkshire Hathaway Inc., An Owner's Manual, Owner-Related Business Principles, January 1999
Appendix C. Berkshire Hathaway Inc., Code of Business Conduct and Ethics
Appendix D. July 23, 2008, Memo to Berkshire Hathaway Managers
Appendix E. Berkshire Hathaway Inc., Corporate Governance Guidelines, as Amended on February 27, 2006
Appendix F. Intrinsic Value
Appendix G. The Superinvestors of Graham-and-Doddsville
Appendix H. Berkshire's Corporate Performance versus the S&P 500
Appendix I. Berkshire Hathaway Common Stock—Year-End Stock Prices
Notes
About the Author