Synopsis
'For the investors' investor . . . compelling' – Jonathan Bloom, President of Golden Mean Partnership LLC
Discover how Warren Buffett made his first millions.
Buffett's Early Investments investigates ten investments that legendary investor Warren Buffett made in the 1950s and 1960s and uncovers unique insights in the process.
Using the same documents Buffett used at the time, investment analyst Brett Gardner reveals the fascinating inside stories of:
- How Philadelphia and Reading, Buffett’s largest investment in 1954, transformed from a declining coal company to a diversified conglomerate whose stock went up twentyfold due to the intervention of Buffett’s mentor, Ben Graham.
- How Buffett and Charlie Munger made their first formal investment together in Hochschild-Kohn.
- How corporate governance issues actually presented serious risk to Buffett’s 1966 investment in Walt Disney.
Other investments covered include American Express, British Columbia Power, Cleveland Worsted Mills, Greif Bros, Marshall-Wells, Studebaker, and Union Street Railway. Not all of these investments worked out – this book shows why.
Buffett’s Early Investments examines how history’s greatest ever investor really made his first returns. Thoroughly researched and engaging, it is essential listening for anyone seeking to master financial analysis and stock picking.
Details
Reviews
“With a remarkable depth of research, Brett brings the earliest years of Warren Buffett's career to life”Frederik Gieschen
“Brett's intellectual curiosity and analytical prowess are on full display in this exploration of the seminal years of Warren Buffett. He channels his inner Warren and breathes life into the early days of the iconic value investing style Buffett became synonymous with”Vincent Aita, PhD, Chief Investment Officer and Managing Partner, Cutter Capital Management, LP
“Buffett's Early Investments is for the investor's investor, as it tries to reconstruct the real analytical work done by Buffett when making some of the investments he made during his formative years. It is compelling reading for anyone who wants to better understand Warren Buffett the actual investor”Jonathan Bloom, President of Golden Mean Partnership LLC
