1. About the Author: Charlie Munger (1924–2023) Charlie Munger was the Vice Chairman of Berkshire Hathaway and the long-time business...

I. Buffett’s Evolving Stance on Tech Stocks 🔹 Early Position (Before 2011): “I don’t invest in businesses I don’t understand.”  – Buffett avoided tech giants like Microsoft and Google. Focused on traditional cash-flow industries such as insurance, consumer goods, and energy. 🔹 Turning Point (2016): Under the influence of Charlie Munger, Buffett began buying Apple shares. Key Shift in Perspective: Viewed Apple as a “consumer company”  rather than a tech company. Valued its b

I. “The Snowball” – Buffett’s Only Authorized Biography 📖 Author:  Alice Schroeder 📅 Publication Year:  2008 🔍 Key Features: Based on 5,000 hours of interviews, revealing Buffett’s complete journey from childhood to becoming the “Oracle of Omaha.” The title is inspired by Buffett’s famous quote: “Life is like a snowball. The important thing is finding wet snow and a long hill.” Offers in-depth analysis of his investment philosophy, business decisions, and life values. II.

Overview: Buffett’s Retirement and Succession Plan Buffett Hasn’t Retired Yet, but the Succession Plan is Clear As of 2025, Warren Buffett, the "Oracle of Omaha," officially announced his retirement at the age of 93. To ensure Berkshire Hathaway’s stability post-retirement, a comprehensive succession framework has been put in place. CEO Successor: Greg Abel The current Vice Chairman of Berkshire Hathaway’s non-insurance operations, Greg Abel, has been instrumental in overseei

I. Awakening the Business Gene (1940–1950) A Precocious Perspective on Money (Ages 6–14) Retail Beginnings at Age 6:  Buffett started selling chewing gum at his doorstep (earning 2 cents per pack) and reselling used golf balls. First Stock Purchase at Age 11:  Bought Cities Service preferred shares at $38, saw the price drop to $27, sold at $40, and missed a $200 high—learning a vital lesson in patience. Tax Awareness at Age 14:  While earning $2,000 annually from delivering

Buffett’s 1987 Letter to Shareholders: A Classic Discourse on Market Volatility Excerpt : *" We will continue to ignore political and...