101 Reasons to Own the World's Greatest Investment Warren Buffett's Berkshire Hathaway

by Miles, Robert P.

• ISBN13: 9780471430469
• ISBN10: 0471430463
• Edition: 1st
• Format: Paperback
• Copyright: 2003-04-17
• Publisher: Wiley

Summary

Discover why the model-investment-firm-turned-household-word is the perfect investment--for virtually anyone Robert Miles is a successful entrepreneur, business owner, and investor who believes that everyone can be a smarter investor regardless of background, education, and income. In fact Miles says that one investment is ideal for virtually everyone to own--Berkshire-Hathaway. Miles has attended the annual shareholders meeting for years, has met Warren Buffett, and is considered a company "insider" and Berkshire-Hathaway expert. In 101 Reasons to Own the World's Greatest Investment, Miles offers his insights into what makes Berkshire-Hathaway so profitable and why shareholders get such value for owning the stock. Among his explanations: Berkshire-Hathaway is run sensibly and frugally by Buffett--there are no lavish corporate head-quarters or extravagant spending by company executives. The company invests in companies it determines will produce steady profits for the shareholders rather than those companies with a history of erratic performance. This accessible, well-researched look at the leading company's investment strategy has received an "unofficial" endorsement by Buffett himself. Robert P. Miles (Tampa, FL) is an entrepreneur and owns a small business. He is a graduate of the University of Michigan Business School, has been an active shareholder of Berkshire-Hathaway for a number of years, and is frequently asked to speak to other investor groups about Buffett.

Author Biography

<b>ROBERT P. MILES</b> (www.robertpmiles.com) is a Tampa-based author, entrepreneur, freelance journalist, and professional speaker. He has been a shareholder of Berkshire Hathaway for a number of years. Miles is also the author of The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers (Wiley), which Warren Buffett highlighted in his annual letter to shareholders. Miles&#8217;s keynote address, Reflections of a Billionaire CEO: How to See You in the Image, has been heard in over twenty countries. He is also the author and presenter of Nightingale-Conant&#8217;s audio series entitled How to Build Wealth Like Warren Buffett: Principles and Practical Methods Used by the World&#8217;s Greatest Investor.

Table of Contents

Foreword.

Introduction.

Historical Outperformance.

No Losses for Shareholders.

Low Cost, Almost No Cost.

Proven Public Record.

Owner’s Manual.

Unique Annual Meeting.

No Dividend.

No Taxes.

Chairman’s Age.

Acts Like a Mutual Fund.

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