This book is a comprehensive collection of Warren Buffett's annual letters to Berkshire Hathaway shareholders, edited by Lawrence A. Cunningham. It provides valuable insights into Buffett's investment philosophy, corporate management, and business strategies. The letters are organized into thematic chapters, making it easier for readers to understand Buffett's views on various topics such as value investing, executive compensation, and market fluctuations. The book is praised for its clarity, wisdom, and practical advice, making it a definitive source for understanding Buffett's approach to business and investing.
This book presents decades of investing and business wisdom from Warren Buffett and Charlie Munger, the men responsible for transforming Berkshire Hathaway into a diversified conglomerate with a market value in hundreds of billions of dollars. Through this book, readers gain insight into the thought process of two of the greatest businessmen and investors, as shared at the Berkshire Hathaway annual shareholder meetings.
Alex Morris, Author of "Buffett and Munger Unscripted" and Owner & Analyst at TSOH Investment Research, joins the podcast to discuss his first book, "Buffett and Munger Unscripted."
You can buy your copy of Alex's new book, "Buffett and Munger Unscripted" here: https://amzn.to/4asUWNi
Chapters:
[0:00] Introduction + Episode sponsor: Fintool
[3:03] Why Alex decided to write "Buffett and Munger Unscripted"
[7:53] When did the repetition build up (speaking to organization of the book)
[10:23] Incentives and ethical guardrails
[21:10] Biggest differences about Buffett over the last 20-30 years
[29:53] Nike
[39:14] Is there an industry that Berkshire hasn't really invested in after all of Alex's research
[41:56] Wal-Mart and Costco
[45:27] Predictability and cyclical businesses
[49:11] Alex's view of Buffett's thoughts on the market these days
[51:55] Parallels between Berkshire to Markel
[55:42] Banks
[1:04:22] Andrew's thoughts on Academy Sports + Outdoors, and the space in general
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Yet Another Value Podcast 
