The Essays of Warren Buffett
A curated, topically-organized collection of Warren Buffett's own words, pulled directly from four decades of Berkshire Hathaway shareholder letters — not a biography or a summary of Buffett's ideas by someone else, but Buffett explaining his own thinking, in his own writing.
Start Reading — Chapter 1 →Every other book in this Book Club is someone else's account of an investor's ideas. This one is different — Lawrence Cunningham's contribution is organization, not interpretation, arranging four decades of Buffett's own shareholder-letter writing by theme rather than by year, so his views on governance, valuation, accounting, and mistakes read as a coherent argument instead of scattered annual updates.
This course covers the collection in four parts, following Cunningham's own organization: the owner-oriented principles Buffett has restated almost every year since taking over Berkshire, his specific application of Graham's investing framework, his skepticism toward certain forms of Wall Street activity, and his direct, unusually candid writing about accounting and his own mistakes.