Founder connections
- Warren BuffettRecommendationBuffett recommended Bevelin’s short compilation in his 2011 shareholder letter, ahead of the 2012 annual meeting. PCA Publications identifies the passage as a recommendation of this book.Source
Summary
Peter Bevelin selects Warren Buffett’s writing about investment and business management into a short reference. The topics include business valuation, the quality of a business, management performance, trust, compensation and corporate governance.
The collection also covers acquisitions, risk and mistakes. It lets readers examine connected principles in one compact volume, drawing on Buffett’s words rather than presenting a separate biography or a complete run of shareholder letters.
Why read it Our view
Read it to connect the quality of a business with the choices made by its managers and owners. The short format makes it useful for revisiting a question about incentives, risk or an acquisition. Apply each principle to the facts of the case; the collection gives starting points for judgment.