essays of warren buffett by lawrence cunningham pdf

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The Essays of Warren Buffett: Lessons for Corporate America

1997, The Essays of Warren Buffett

The Essays of Warren Buffett: Lessons for Corporate America. Selected, Arranged, and Introduced by Lawrence A. Cunningham

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The Essays Of Warren Buffett Lessons For Corporate America, Third Edition

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Introduction to the Essays of Warren Buffett: Lessons for Corporate America

GWU Law School Public Law Research Paper No. 2019-71

GWU Legal Studies Research Paper No. 2019-71

26 Pages Posted: 13 Dec 2019 Last revised: 17 Dec 2019

Lawrence A. Cunningham

University of Delaware

Date Written: December 11, 2019

This is Professor Cunningham's Introduction to his renowned edited collection of Warren Buffett's famous letters to shareholders of Berkshire Hathaway Inc. The collection was originally prepared for a symposium held in New York City in 1997 and has been regularly updated through five editions, with additional Buffett material and Cunningham annotations. This Introduction, from the fifth edition (2019), serves as an encapsulation of the main themes of the resulting collection and locates them in contemporary debates on matters of corporate governance; corporate finance and investing; mergers and acquisitions; and accounting and taxation.

Keywords: value investing, Warren Buffett, margin of safety, circle of competence, modern finance theory, executive compensation, corporate governance

JEL Classification: M10, G34, G24, G31, M41, M43, M44, M45, H25

Suggested Citation: Suggested Citation

Lawrence A. Cunningham (Contact Author)

University of delaware ( email ), do you have a job opening that you would like to promote on ssrn, paper statistics, related ejournals, george washington university law school legal studies research paper series.

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The Essays of Warren Buffett: Lessons for Corporate America Third Edition

• ISBN-10 1611634091
• ISBN-13 978-1611634099
• Edition Third
• Publisher Carolina Academic Press
• Publication date March 1, 2013
• Language English
• Dimensions 7.25 x 0.75 x 10.25 inches
• Print length 306 pages
• See all details

Editorial Reviews

From the author, from the inside flap.

• Buffett is a businessman and investor whose writings, as collated in The Essays of Warren Buffett , define a coherent philosophy of business and investing.
• Cunningham is a writer and professor whose other books include Berkshire Beyond Buffett: The Enduring Value of Values

From the Back Cover

About the author, product details.

• Publisher ‏ : ‎ Carolina Academic Press; Third edition (March 1, 2013)
• Language ‏ : ‎ English
• Paperback ‏ : ‎ 306 pages
• ISBN-10 ‏ : ‎ 1611634091
• ISBN-13 ‏ : ‎ 978-1611634099
• Item Weight ‏ : ‎ 1.2 pounds
• Dimensions ‏ : ‎ 7.25 x 0.75 x 10.25 inches
• #170 in Tax Law (Books)
• #334 in Corporate Law (Books)
• #488 in Franchising Law (Books)

About the author

Lawrence a. cunningham.

Lawrence Cunningham's two dozen books include The Essays of Warren Buffett, which Cunningham self-published into an international best-seller that he has arranged for translation into a dozen languages.

An influential thought leader in both value investing and corporate governance, Cunningham's other notable books include Quality Investing (long time best seller with AKO Capital), The AIG Story (with Hank Greenberg) and Margin of Trust (which Warren Buffett singled out for special mention in his 2020 letter to Berkshire Hathaway shareholders).

Cunningham ​advises companies, boards and shareholders, for many years as the founder of Quality Shareholders Group and recently as special counsel at Mayer Brown LLP. He has served on numerous corporate boards, of both private and public companies, including Markel Group (New York Stock Exchange) and Constellation Software Inc. (Toronto Stock Exchange).

Customer reviews

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• 5 star 4 star 3 star 2 star 1 star 1 star 82% 13% 3% 1% 1% 1%

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Customers say

Customers find the book entertaining and informative. They say it provides simple nuggets of wisdom and an achievable philosophy. Readers also describe the book as highly readable, easy to understand, and relatable.

AI-generated from the text of customer reviews

Customers find the book entertaining and informative. They say the precepts are worth reading and rereading.

"...This book and its precepts are worth reading , and rereading, until hopefully its lessons are engrained in the psyche in a way that they become..." Read more

"...Mr. Buffet's comments about this book were " First class . A great job at collating our philosophy"...." Read more

" This was a great read . It was very informative, very educational, and probably it has more value than some if not all economy classes in college...." Read more

"...his clear writing and delightful sense of humor, this book is superbly entertaining as well as educational...." Read more

Customers find the book insightful on almost all aspects of investing. They say it provides clear and simple insight on how to create superior investments. Readers also mention the book collects all Buffett's thinking on important subjects. They appreciate the simple nuggets of wisdom and achievable philosophy for more than just investments. They also say it's highly readable and pertinent for anyone that wants to know. They mention the author does a great job organizing thoughts into themes, which help them quickly re-reference.

"...He writes well, with wit and wisdom, and makes fairly complex subjects amazingly accessible to the uninitiated...." Read more

"...The book is filled with intuitive insight and will always be relevant and all the more useful in periods when pricing and economics become..." Read more

"...given to the reader by adding words on top of what is already clear and powerful prose ...." Read more

"...Get out a high lighter and prepare to learn. It is packed with great quotes and lessons ." Read more

Customers find the book easy to understand, highly readable, and pertinent for anyone who wants to know more. They appreciate the author's excellent job arranging the essays by topic, making it easier to relate when reading. Readers also mention the book is organized like an investing textbook and a good compilation and catalog of Buffett's wisdom in investment.

"...He writes well, with wit and wisdom , and makes fairly complex subjects amazingly accessible to the uninitiated...." Read more

"...The author has done an excellent job arranging the essays to the shareholders in a format that will enable us all to learn the key principles in..." Read more

"...These essays are pretty easy reads ; the genius of Mr. Buffett is at least in part his ability to communicate complicated things in an understandable..." Read more

"...Buffett truly has a funny and engaging personality which he constantly and proudly puts on display in every one of these essays...." Read more

Customers find the book a masterclass in prudent investment and business practice. They say the cost was worth the editing job and there are many investment gems in it.

"...This book provides true value . It is a treasure." Read more

"...I can say that this book is WELL WORTH purchasing . For a full review of this book, please click the following link:[...]" Read more

"...This book is THE BEST possible bang-for-buck investment you could ever make." Read more

"...Hearing about his common-sense views of capital allocation and valuation is very useful as is the evaluation of egos in the C Suite (mostly the CEO)...." Read more

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