- Shopping Bag ( 0 items )
Want a NOOK? Explore Now
Warren Buffett built Berkshire Hathaway into something remarkable— and Fortune journalist Carol Loomis had a front-row seat for it all.
When Carol Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor—nor that she and Buffett would quickly become close personal friends. As Buffett’s fortune and reputation grew over time, Loomis used her unique insight into Buffett’s thinking to chronicle his work for Fortune, writing and proposing scores of stories that tracked his many accomplishments—and also his occasional mistakes.
Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major article that supplies context and her own informed point of view. Readers will gain fresh insights into Buffett’s investment strategies and his thinking on management, philanthropy, public policy, and even parenting. Some of the highlights include:
Preface xv
The Jones Nobody Keeps Up With-April 1966 Carol Loomis 1
From "Hard Times Come to the Hedge Funds"-January 1970 An excerpt from an article Carol Loomis 7
How Inflation Swindles the Equity Investor-May 1977 Warren Buffett 9
A Small College Scores Big in the Investment Game-December 18, 1978 Lee Smith 23
Berkshire's Shareholder Contributions 28
Shareholders Get to Vote on Charity-November 30, 1981 Lee Smith 29
Berkshire Gives Up on Giving-August 11, 2003 Nicholas Varchaver 32
Letters from Chairman Buffett-August 22, 1983 Andrew Tobias 34
From "Can You Beat the Stock Market?"-December 26, 1983 An excerpt and a sidebar from an article Daniel Seligman 40
Buffett and Capital Cities/ABC 43
Excerpts from articles Stratford Sherman Peter Petre Bill Saporito Carol Loomis 43
From "Beating the Market by Buying Back Stock"-April 29, 1985 An excerpt from an article Carol Loomis 47
Guess Who's Bought Whoops Bonds-April 29, 1985 Kenneth Labich 49
From "Now Hear This"-April 28, 1986 53
From "Should You Leave It All to the Children?"-September 29, 1986 Excerpts from an article Richard I. Kirkland Jr. 54
Dial B-U-F-F-E-T-T for Merger-December 22, 1986 From Newstrends Section 57
Early Fears about Index Futures-December 7, 1987 A warning letter sent by Warren Buffett to Congressman John Dingell Jr. 58
The Inside Story of Warren Buffett-April 11, 1988 Carol Loomis 62
Buffett and Salomon 76
The Wisdom of Salomon?-April 11, 1988 Carol Loomis 77
Warren Buffett's Wild Ride at Salomon-October 27, 1997 Carol Loomis 78
From "Now Hear This"-January 10, 1994 Buffett's wry comment 2½ years after the Salomon crisis broke 90
Nebraska Special-September 26, 1988 Terence Paré 91
A Warm Tip from Warren Buffett: It's Time to Buy Freddie Macs -December 19, 1988 Brett Duval Fromson 92
What Happened at the Bridge Table 95
A Very Full Deck-June 5, 1989 Julia Lieblich 95
Raising' Cayne-January 15, 1990 Alan Deutschman 95
From "How to Live with a Billion"-September 11, 1989 Excerpts from an article Alan Farnham 97
From "Now Hear This"-October 23, 1989 98
New Warren Buffetts? And the Old One 99
From "Are These the New Warren Buffetts?"-October 30, 1989 An excerpt from an article Brett Duval Fromson 100
And Now a Look at the Old One-October 30, 1989 Brett Duval Fromson 101
How I Goofed-April 9, 1990 An excerpt from Buffett's letter to shareholders in the 1989 Berkshire Hathaway annual report 103
From "The Children of the Rich and Famous"-September 10, 1990 Excerpts from an article Alan Farnham 107
The Midas Touch at a Discount-November 5, 1990 Edmund Faltermayer 109
Buffett Buys Junk-April 22, 1991 Jennifer Reese 111
From "Now Hear This"-April 5, 1993 112
Buffett and Coca-Cola 113
Excerpts from articles John Huey Betsy Morris Pattie Sellers Carol Loomis 113
How Buffett Views Risk-April 4, 1994 An excerpt from Buffett's letter to shareholders in the 1993 Berkshire Hathaway annual report 116
Buffett Hits $200 Million Downdraft-November 17, 1994 Colin Leinster 117
Buffett and Gates 119
The Billionaire Buddies-January 16, 1995 Brent Schlender 120
Gates on Buffett-February 5, 1996 Bill Gates 121
From "Untangling the Derivatives Mess"-March 20, 1995 An excerpt from an article Carol Loomis 126
Two Items from "Now Hear This"-April 3, 1995 and May 29, 1995 127
From "Why Warren Buffett's Betting Big on American Express"-October 30, 1995 Excerpts and a sidebar from an article Linda Grant 128
Gift That Gives-A Bit O'Buffett-March 18, 1996 Bethany McLean 132
The Bill and Warren Show-July 20, 1998 Brent Schlender 133
A House Built on Sand-October 26, 1998 Carol Loomis 152
Are Jimmy and Warren Buffett Related?-June 21, 1999 Tyler Maroney 162
Put Bite into Audit Committees-August 2, 1999 Carol Loomis 164
Mr. Buffett on the Stock Market-November 22, 1999 A Buffett speech that Carol Loomis converted into an article 166
Warren Buffett: Revivalist-May 19, 2000 Amy Kover 176
Warren Buffett Invests in the First Lady-October 20, 2000 Jeffrey Birnbaum 178
Admired-Again and Again 180
The Value Machine-February 19, 2001 Carol Loomis 181
A Letter from Fortune's Letters Column-March 26, 2001 190
Warren Buffett on the Stock Market-December 10, 2001 A Buffett speech that Carol Loomis converted into an article 191
The Mash Note Everybody Wants-September 16, 2002 Jerry Useem 203
The Oracle of Everything-November 11, 2002 Andy Serwer 204
A Letter from Fortune's Letters Column-February 17, 2003 215
Avoiding a "Mega-Catastrophe"-March 17, 2003 An excerpt from Buffett's letter to shareholders in the 2002 Berkshire Hathaway annual report 216
Where We're Putting Our Money Now-March 17, 2003 A second excerpt from Buffett's letter to shareholders in the 2002 annual report 221
The Sage Goes to Asia-May 26, 2003 Clay Chandler 222
The Power Issue 224
From "The 25 Most Powerful People in Business"-August 11, 2003 Excerpts from an article Jerry Useem 224
The Most Powerful Businessperson: Warren Buffett-August 11, 2003 Andy Serwer 225
America's Growing Trade Deficit Is Selling the Nation Out from Under Us. Here's a Way to Fix the Problem-And We Need to Do It Now. -November 10, 2003 Warren Buffett Carol Loomis 227
Why Foreigners Can't Ditch Their Dollars-November 10, 2003 Warren Buffett Carol Loomis 235
The Market According to Buffett-May 17, 2004 David Stires 236
The Best Advice I Ever Got-March 11, 2005 A Warren Buffett recollection Carol Loomis 237
The $91 Billion Conversation-October 31, 2005 Daniel Roth 239
Cut Your Gains!-March 20, 2006 An excerpt from Buffett's letter to shareholders in the 2005 Berkshire Hathaway annual report 247
Buffett's Alter Ego-May 29, 2006 Andy Serwer 251
Buffett Backs GM-And Buys a Caddy-May 29, 2006 Alex Taylor III 254
The Philanthropist Emerges 255
Warren Buffett Gives It Away-July 10, 2006 Carol Loomis 256
How Buffett's Giveaway Will Work-July 10, 2006 Carol Loomis 264
Would You Like That $11 Billion in Twenties?-July 24, 2006 Carol Loomis 67
Buffett to Gates: Spend It!-March 19, 2007 Jia Lynn Yang 268
Marking to Myth-September 3, 2007 Warren Buffett 270
The Oracle's Credit Crisis-March 31, 2008 Telis Demos 271
What Warren Thinks...-April 28, 2008 Nicholas Varchaver 272
Buffett's Big Bet-June 23, 2008 Carol Loomis 279
From "What Obama Means for Business"-July 2, 2008 An excerpt from an article Nina Easton 285
Buffett's Market Metric Says Buy-February 16, 2009 Carol Loomis Doris Burke 286
From "Riders on the Storm"-April 20, 2009 An excerpt from an article Adam Lashinsky 288
Buffett Takes Charge-April 27, 2009 Marc Gunther 289
From "Who the Admired Admire"-March 22, 2010 An excerpt from an article Anna Bernasek 296
Buffett's Mr. Fix-It-August 16, 2010 Brain Dumaine 297
The Giving Pledge 305
The $600 Billion Challenge-July 5, 2010 Carol Loomis 306
My Philanthropic Pledge-July 5, 2010 Warren Buffett 314
A New Buffett Takes Beijing-October 17, 2011 Bill Powell 316
A Nation Grapples with Charity-October 17, 2011 Bill Powell 320
Why Stocks Beat Gold and Bonds-February 27, 2012 An excerpt from Buffett's letter to shareholders in the 2011 Berkshire Hathaway annual report 321
Final Note from the Editor 327
Acknowledgments 329
Index 333
Anonymous
Posted Fri Apr 12 00:00:00 EDT 2013
Interesting information on how he invests, his perspective on life, biographical information on how he started out. Worthwhile read.
2 out of 2 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted Thu May 16 00:00:00 EDT 2013
A lifetime of useful wisdom to apply toward your life, business.
Excellent content.
1 out of 2 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted Sun Jan 06 00:00:00 EST 2013
I like you book okey
1 out of 8 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted Mon Jul 21 00:00:00 EDT 2014
XAAAAAAAAAAAAAAAAAV. :3 Someone showed me how to post on the computer. Though, technically, I'm breaking my promise... meh. I'll be in and out of the virtual world. Afeadasae, momentarilly. <p>
Also, I realised something when the thought hit me that I would never talk to you again. <p>
Songs talking about goodbyes always talk about how they'll never see the person again, or how they're going to miss someone dearly, or how they left on purpose or left accidentally, and how goodbye is all painful and stuff, and how they had to move on to different chapters in life... But, as I thought of all this, I realised something. I don't want to go another chapter without you or Sparrow. And even though I'm perfectly insane for saying this, and if you both are pe<_>dophiles and will ha<_>ck everything and come and murder me in my sleep or whatever, I don't care. I love you guys. And I trust you completely. The second thoughts aren't going to hit me. Xavier... Steven. Steven, I honestly can't imagine a new chapter, or any future chapters beyond this point, without you guys. But to do that without NOOK, or Fb (which, by the way, I secretly despise), I would have to know you in person. <p>
And so I've decided that when I am touring the world, or writing books, or however I'm going to be widely-know... I'm going to mention hints to you guys, so you can pick up who I am. I want to meet you both in person. So bad. Just give you both these big fat hugs and tell you thanks. And in saying this, you should know that I've lied about things that might anger you in finding out. I'm really sorry. :/ Pathetic that it took almost losing you guys to finally say it. You've been one of my best friends for over a year, and despite what anyone in the world may say, I think that leaving a best friend in the last chapter of your life can be considered a crime. If you don't feel mutually about the whole thing, I understand completely, I just had to tell you. Sorry. Love you. Xx
<p>
~Swag
Anonymous
Posted Tue Jul 15 00:00:00 EDT 2014
I dunno. O.e I'm sorta okay now, but overall, I seriously need proffessional help. Hai. *Chibi Swagaroo climbs his pant leg and cuts holes into the knees of his pants.* e.e
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted Tue Jul 22 00:00:00 EDT 2014
You cheered me up. :3 Ah, l needed that. Thank you. <p> I promise you, even though promises are vain and silly, that l will find you and return that hug with as much gusto. o.o Yeah, that's an empty promise, 'cause l don't know what the future holds in store for us. God may plan for me to be poor, to lead a family, to own my own business, feed children all over the world, or to simply be a God-fearing man. o.o l would gladly take a simple road of a difficult life than the tough road of easy living. I know, it sounds flipped around, but those who live easy have money. Money is the root of sin, and it can dig deep unless you have God there at every moment. <p> Anyways. The lies you have told are immaterial. Sure, lies re not good, but who you are has not lied to me. Your name, your face, where you live, what you like, and who you love are things that seem small when l think about what you are to me. I rely on you to be there as my best friend. I never thought l would find you, amongst the many popular kids around the nook, as my very own best friend. You are a one-of-a-kind trophie, really. I will never have one like you, and even though second place sounds bad, my friends aren't placed on a tier winding up or winding down. They are simply there for me. You represent the friend l hope all of my friends will be. Such as Sparrow, you can stand to be around me when others can not. Granted, it is over the interwebs, but l think that counts. :3<p> Swag, l love you. As a sister, you have to be around me until we can not stand each other, then we hve to talk again. Like a mother, you tell me what l need to do, and you have no fear that what you say is incorrect. Like a true friend, you are wholly comfortable with who and what l am, and deapite moments of angst or sadness between us, we remain inseperle until death. Sound like wha marriage should be. Heck, we could be married and bothing would change. Aside from the kids... And the house we would share. And the hugs... *sigh* o3o Meh. Anyways. Caught daydreaming. So embarassing. •////• <p> Facebook is desolate as it is full of life. Just find the right way to use it-- your own way-- and it will feel right eventually. See you, dearie. v.v
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted Wed Jul 10 00:00:00 EDT 2013
Exceptional business content!
0 out of 1 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted Fri Mar 29 00:00:00 EDT 2013
U too
0 out of 2 people found this review helpful.
Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.Anonymous
Posted Sat May 25 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Sun May 26 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Sun Jun 02 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Sun Jun 16 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Mon May 20 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Sat Jul 06 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Wed May 22 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Tue Jun 11 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Thu Jul 04 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Fri Jun 21 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Thu May 30 00:00:00 EDT 2013
No text was provided for this review.
Anonymous
Posted Fri Jun 28 00:00:00 EDT 2013
No text was provided for this review.
Overview
Warren Buffett built Berkshire Hathaway into something remarkable— and Fortune journalist Carol Loomis had a front-row seat for it all.
When Carol Loomis first mentioned a little-known Omaha hedge fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor—nor that she and Buffett would quickly become close personal friends. As Buffett’s fortune and reputation ...