At the age of 26, Warren Buffett founded Buffett Partnership Limited, which lasted from 1956 to 1970. During this period, he wrote 33 letters to his few but growing partners. These letters document his thoughts, approaches, and reflections during the period before his tenure at Berkshire Hathaway - a period marked by an unprecedented record of investment success.

This early period was remarkable: in 1968 he beat the Dow by more than 50%. Since Buffett wanted to ensure that his partners understood his process, he wrote letters. In these, he lays out the "ground rules" for investing that remain surprisingly relevant today for every type of investor - from beginners to seasoned professionals. The book Warren Buffett's Ground Rules gathers, for the first time and with Buffett's approval, the essential investment principles and teachings revealed by the letters.

Here you will find the foundation of Buffett's contrarian diversification strategy, his almost religious celebration of compound interest, and his tactics for improving market results by at least 10% annually. Jeremy Miller, an equity research expert, quotes extensively and directly from Buffett, presenting us with the timeless advice contained in the letters, demonstrating a set of highly effective investment strategies that continue to resonate today.

Pages: 352, Publication Year: 0504, Dimensions: 12.8x12.8cm