Warren Buffett's Ground Rules
Words of Wisdom from the Partnership Letters of the World's Greatest Investor
by:
Jeremy C. Miller
in:
Investing
Summary:
The book distills the investment wisdom from the annual letters Warren Buffett wrote to his partners at the Buffett Partnership Ltd. between 1956 and 1970, outlining his principles on value investing, portfolio management, and business analysis. It provides insights into Buffett's early thinking, strategies for stock selection, and his approach to risk and performance measurement, serving as a guide for investors seeking to emulate his investment philosophy.
Key points:
1. Value Investing: Invest in undervalued companies with strong basics, aiming for long-term growth and understanding their true worth.
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