Millions of people download Warren Buffett's shareholder letters, searching for tips from the world's greatest investor. Many miss the best part of his letter: his principles. It is their loss. Following these principles, Buffett has turned Berkshire Hathaway, a struggling textile manufacturer, into one of the most respected companies in the world. Early investors have become billionaires. This essential guide to Buffett's shareholder letters highlights what the pundits aren’t telling you and what you can learn about building long-lasting wealth.

Warren Buffett is one of the most successful investors in history. His annual letters to Berkshire Hathaway shareholders have attained legendary status among Wall Street and Main Street investors. Each informative and entertaining letter offers lessons about life, business, and the art of investing that are essential to creating long-lasting wealth. They are based on Buffett's dogged pursuit of the Golden Rule of ownermanager partnership: Treat shareholders the way you would want to be treated—if you were in their place.

In Buffett's Bites, L. J. Rittenhouse, CEO candor expert and former Wall Street banker, serves up an in-depth look at Buffett’s 2008 shareholder letter, highlighting 25 tantalizing nuggets of wisdom. These "bites" afford an inside look at Buffett's unconventional ways that have created Berkshire Hathaway's unrivaled success.

With unflinching honesty and insight, the "Oracle of Omaha" talks candidly about today’s turbulent market: what makes a company worth investing in; why you shouldn't panic when experts insist "the sky is falling"; when to re-evaluate your portfolio; and how to invest safely and wisely for the long haul.

Each savory bite is enhanced with practical information and a timeless moral that can be applied to your own wealth-building strategies.

作者簡介

L. J. Rittenhouse is president of Rittenhouse Rankings Inc., an investor relations company that advises managements on building programs that promote candor, accelerate execution and strengthen financial valuation. Her firm publishes the annual Rittenhouse Rankings CEO SurveyTM, the world's only benchmark that measures CEO Candor and correlates these rankings with financial performance, an essential corporate service.

Warren Buffett, Jack Bogle and other executives have recognized Rittenhouse's unique contributions to focus the corporate sector on the strategic value of straight talk, common sense and a fierce dedication to basic economic and accounting principles.

Rittenhouse is the author of Buffett's Bites and Do Business with People You Can Tru$t, both featured selections at the Berkshire Hathaway annual shareholder meeting. She has an MBA from Columbia University and is a founding member of the non-profit, Families with Children from China.

Preface
Introduction
The ABCs of CEO Shareholder Letters.
　1 WhatAre Shareholder Letters and Who ReadsThem?
　2 Why Read Shareholder Letters?
　3 What Makes Berkshire Hathaway's Letters Different?
　4 What Is the Berkshire Hathaway Report Card?
　5 Is Warren Buffett a CEO or a CCAO?
　6 Why Does BuffettTap-Dance to Work Every Day?
Bite-Sized Investor Truths
　7 How to Spot Great Businesses Run by Great Managers
　8 How to Become an Intelligent Investor
Principles-Based Capitalism for the Twenty-First Century
　9 Fiduciary Genetics: The Berkshire Hathaway Owner's Manual
　10 Warren Buffett and Galileo: Traditions of Heresy