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BERKSHIRE HATHAWAY Annual Selections 2014 BERKSHIRE HATHAWAY Annual Selections 2014 “I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.” - Warren Buffett Annual Meeting Savings Save 20% on most items during the Berkshire Annual Meeting, Saturday, May 3. Please shop early as quantities are limited, sorry no rain checks. Shipping Service at Annual Meeting Ship your purchases during the Annual Meeting at the “Pack and Ship Center,” located adjacent to the Show Office and across from See’s Candies. The Bookworm 20% Discount for Shareholders Berkshire shareholders with credentials will receive a 20% discount on purchases at The Bookworm, Friday, May 2 - Monday, May 5. Not all items or “one day only” pricing featured at the Berkshire Hathaway Annual Meeting will be available at The Bookworm. Exclusions apply. Meet the Authors at The Bookworm, Sunday, May 4 Many authors of featured selections will be in attendance at The Bookworm. There is no set time or list, just come by and enjoy during Sunday hours, 11 a.m. - 4 p.m. The Bookworm Location & Hours Countryside Village, 87th & Pacific Streets, minutes between Borsheim’s and NFM. Directions and information, 402-392-2877. Store hours: Monday-Friday, 9 a.m. - 8 p.m. Saturday, 9 a.m. - 6 p.m. Sunday, 11 a.m. - 4 p.m. Shop Online www.bookwormomaha.com Items featured may not be available online. Berkshire shareholder savings not applicable to online orders. > ABOUT WARREN BUFFETT < unique, in-depth look into Buffett’s life or that she and Buffett would become close <New Edition> Berkshire Hathaway Let- and mind. This is the “Buffett Bible” - the friends. Now Loomis has collected and ters to Shareholders, collected by Max definitive story, updated to include recent updated the best Buffett articles Fortune Olson ($19.95 list price, $16 events. published between 1966 and 2012, including shareholder price, 2014). War- thirteen cover stories and a dozen pieces ren Buffett first took control A Few Lessons for Investors and Managers authored by Buffett himself. of Berkshire Hathaway Inc., a from Warren E. Buffett by Peter Bevelin small textile company, in April ($12.50 list price, $10 Warren Buffett: An Illustrated Biography of 1965. A share changed hands shareholder price, 2012). This of the World’s Most Successful Investor for around $18 at the time. is a selection of useful and by Ayano Morio ($22 list price, Forty-nine letters to shareholders later, the timeless wisdom where Warren $17.60 shareholder price, Wiley, same share traded for $177,900, compound- Buffett tells us how to think 2004). Tracing his story from ing investor capital at just under 21% per about business valuation, what paperboy in Omaha to one of year. This book compiles all of Buffett’s let- is a good and bad business, the world’s wealthiest men, ters to the shareholders of Berkshire Hatha- acquisitions and their traps, this cartoon-strip biography way from 1965 to 2013 into a well-designed, yardsticks, compensation issues, how to entertainingly depicts events in easily readable format. There are hundreds of reduce risk, corporate governance, the the life of Buffett and how they contributed books about Buffett’s life, advice, and meth- importance of trust and the right culture, to his unique investment philosophy. ods. These are his actual letters—word for learning from mistakes, and more. word—a “lesson plan” of his views on busi- Warren Buffett Speaks: Wit and Wisdom ness and investing. The Oracle & Omaha: How Warren Buffett from the World’s Greatest Investor, Second and His Hometown Shaped Each Other Edition, by Janet Lowe, with <New Edition> Buffett’s Bites: The Essen- by Steve Jordan, ($29.95 list Warren Buffett ($19.95 list price, tial Investor’s Guide to Warren Buffett’s price, $24 shareholder price, $16 shareholder price, Wiley, Shareholder Letters by Laura Omaha World-Herald, 2013). 2007). Readers will laugh and Rittenhouse ($18 list price, Warren Buffett, “The Oracle learn from the down-to-earth $14.40 shareholder price, Mc- of Omaha,” often speaks billionaire’s business smarts Graw-Hill, 2014). Rittenhouse, fondly of his hometown. The city provided and unique sense of humor. A a leading authority on evaluat- him a comfortable home base, away from tribute to Buffett’s all-American personality ing CEO performance, extracts Wall Street’s distractions. In return, Omaha and extraordinary business success, this witty the best, most useful and en- benefited from the worldwide attention and wise ensemble covers everything from lightening nuggets from Buffett’s famous let- that came his way and from the generosity friends and family to business and investing. ters to Berkshire Hathaway shareholders, and of his early investors. It turned out to be a combines them with practical take-aways profitable relationship for both The Oracle & <New Edition> The Warren Buffett Way, that readers can immediately apply to im- Omaha. Third Edition by Robert G. Hagstrom ($29.95 prove their own portfolios. list price, $24 shareholder The Oracle Speaks: Warren Buffett in His price, Wiley, 2013). This edition Buffett: The Making of an American Own Words by David Andrews ($10.95 list updates readers on the latest Capitalist, Second Edition by Roger price, $8.80 shareholder price, investments by Buffett and Lowenstein ($19 list price, Agate, 2012). From his office draws on the new field of $15.20 shareholder price, in Nebraska, Warren Buffett behavioral finance to explain Random House, 2008). has racked up an investment how investors can overcome Lowenstein reveals how the record that far surpasses his the common obstacles that famously sensible investment counterparts on Wall Street prevent them from investing like Buffett. strategy of buying stocks that - or anyone else in the world. The greatest challenge to emulating Buffett are undervalued and hanging The most thought-provoking is not in the selection of the right stocks on until their worth invariably and inspiring quotes from Buffett are now but in having the fortitude to stick with surfaces is a reflection of the values by which compiled in a single book with hundreds of sound investments in the face of economic Warren Buffett has always lived. Lowenstein his best quotes. and market uncertainty. The new edition explores his human qualities-patience, explains the psychological foundations loyalty, integrity, conviction-and shows how The Real Warren Buffett: Managing of Buffett’s approach, thus giving readers these were always as important as his nimble Capital, Leading People by James the best roadmap yet for mastering both mind. O’Loughlin ($19.95 list price, the principles and behaviors that have $16 shareholder price, Nicholas made Buffett the greatest investor of our The Essays of Warren Buffett, Lessons for Brealey, 2004). Book buyers generation. Corporate America, 3rd Edition, collected and Buffett admirers alike have by Lawrence Cunningham ($35 praised The Real Warren Buffett > ABOUT CHARLIE MUNGER < list price, $28 shareholder price, for its compelling insights into Damn Right!: Behind the Scenes with 2013). Gems of wisdom harvested how one of the richest men in Berkshire Hathaway Billionaire Charlie from the annual reports Warren America achieved his astounding success. Munger by Janet Lowe, forward Buffett writes for Berkshire by Warren Buffett ($26.50 Hathaway. <New Edition> Tap Dancing to Work: list price, $21.20 shareholder Warren Buffett on Practically Everything, price, Wiley, 2003). Investors <New Edition> Of Permanent Value: The Carol Loomis ($18 list price, worldwide have struggled Story of Warren Buffett, 2014 Endless $14.40 shareholder price, to learn more about Warren Edition by Andrew Kilpatrick Portfolio, 2014). When Carol Buffett’s cerebral sidekick. Janet ($75 list price, $60 shareholder Loomis first mentioned a little- Lowe’s unprecedented access price, 2014). This best-selling known Omaha hedge fund to Charlie Munger and Warren Buffett has biography provides insights manager in a 1966 Fortune resulted in a first-class book that investors, into the tactics and strategies article, she didn’t dream that academics, and CEOs will find entertaining of the “Oracle of Omaha.” Kilpatrick traces Warren Buffett would one day and highly useful. Buffett from childhood, and provides a be considered the world’s greatest investor Poor Charlie’s Almanack: The Wit and thorough understanding of how to apply to distinguish between the various measures Wisdom of Charles T. Munger, Third Graham’s principles. of value, including going concern, replace- Edition, edited by Peter ment value, fair market value, book value, Kaufman ($49 list price, $39.20 Investing Between the Lines: How to and intrinsic value, identify undervalued shareholder price, 2008). The Make Smarter Decisions by Decoding CEO companies before everyone else, and know wit and wisdom of Charlie Communications by Laura what to look for, what to avoid, when to buy, Munger is available in a single Rittenhouse ($28 list price, and when to sell. The authors teach you how volume: all his talks, lectures $22.40 shareholder price, to establish a dispassionate value investing and public commentary. And, McGraw-Hill, 2012). CEO philosophy tailored to your needs and pro- it has been written and compiled with communications expert, L. J. vide the tools you need to adhere to this of- both Charlie Munger and Warren Buffett’s Rittenhouse offers a proven ten contrarian approach. encouragement and cooperation. Enjoy the methodology for accurately unique humor, wit and insight that Charlie analyzing the worthiness of an investment. The Ten Commandments for Business Munger brings to the world of business, She shows you how to: Decipher the fog Failure by Donald R.
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