My Warren Buffett collection
The Superinvestors of Graham and Doddsville
"The Superinvestors of Graham and Doddsville". This article is based on a speech that Warren Buffett gave at Columbia Business School
on May 17, 1984 at a seminar marking the 50th anniversary of the publication of Benjamin Graham and David Dodd's Security Analysis
In this article Warren Buffett shows the investment performance of 8 Graham and Dodd's students,... following Graham and Dodd's teachings they averaged a return of 20% every year during 20 years. In numbers that is: an initial investment of $10.000 would have turned to $383.376.
After reading "The Superinvestors of Graham and Doddsville" (13 pages long) you'll have a huge motivation to read
Security Analysis
Warren Buffet's speech at University of Florida
An amazing and complete video (90 min.) where you will discover his view on investment and business. Highly recommended if you haven't heard before about Warren Buffett and you want to know what kind of person he is.
Warren Buffett's books
The 3 most treasured books by Warren Buffett.
Books about Warren Buffett
These 3 books are a really good approach to Warren Buffett the investor and the person, thanks to these 3 books you'll understand better the way of thinking Buffett has.
The 3 of them are worth reading, but I would recommend to start with The New Buffettology
My favourite Warren Buffett's quotes
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.
Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
Only when the tide goes out do you discover who's been swimming naked.
Price is what you pay. Value is what you get.
Risk comes from not knowing what you're doing.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
There seems to be some perverse human characteristic that likes to make easy things difficult.
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.